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m <br />■r«., t <br />SPECIAL LOT COMBINATION <br />AGREEMENT <br />This indenture is made and entered into this day of <br />1991, by and between Big Islano, Inc., their heirs. <br />successors and assigns (hereinafter collectively referred to as <br />"Grantor") and the City of Orono, a municipal corporation under <br />the laws of the State of Minnesota, its successors and assigns <br />(hereinafter referred to as "Gran*-ee"). <br />WITNESSETH: <br />WHEREAS, Grantor is the ow.:«r of real property in the City <br />of Orono, County of Hennepin, State of Minnesota, legally <br />described as follows (and hereinafter collectively referred to as <br />the "properties"): <br />See Attached Exhibit A <br />(hereinafter described as "Parcel A"); and <br />See Attached Exhibit B <br />(hereinafter described as "Parcel B"); and <br />WHEREAS, Parcel A and Parcel B are adjacent to each other <br />but are presently described as two separate parcels and were/are <br />presently owned by two different owners which prevents their <br />being combined into one legally described lot or parcel, and/or <br />for the seune reason the Hennepin County Assessor can not combine <br />Parcel A and Parcel B into one parcel for tax purposes; and <br />WHEREAS, notwithstanding the above it is the intent of <br />Grantor(s) and Grantee that Parcel A and Parcel B are and shall <br />imminently be held in common ownership by the same person or <br />persons, and further that Parcel A and Parcel B are intended to <br />be used and/or developed in common by Grantor as if they were in <br />fact one parcel instead of two. <br />NOW THEREFORE, for and in consideration of the sum of One <br />Dollar ($1.00) and other valuable consideration, Grantor(s) <br />hereby covenant, grant, gift, quit claim and convey to Grantee <br />the right to restrict, and Grantor hereby agrees to restrict, <br />limit and preclude the ownership, use, improvement and <br />development of Parcel A and Parcel B according to and under the <br />conditions and covenants herein contained during the term hereof, <br />as follows: <br />1. Grantor(s) agree that Parcel A and Parcel B shall henceforth <br />be contained in common use and ownership even if recorded as <br />separate lots or parcels, and that Parcel A and Parcel B will not <br />be used, conveyed, sold, or leased except together as if they <br />were a single parcel. <br />lar'iiiJti