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AGREEMENT <br />This is an Agreement between the City of Long Lake, Minnesota (L' ng Lake) and the <br />City of Orono, Minnesota (Orono), co>'ectiveIy called the Parties (the Parties), on certain matters <br />with respect to the joint development of a fire station situated within the City of Orono. <br />WHEREAS, the Parties have entered into a previous Agreement on August 8,2001 <br />(Settlement Agreement) for the Joint construction, ownership and operation of a new fire station; <br />and <br />WHEREAS, pursuant to the Agreement of August 8,2001, the Parties have agreed to <br />purchase property in Orono for the new fire station site. The fire station site is a portion of a <br />larger parcel legally described as Lot 1, Block 1, Willowfire Addition (the "Parcel"); and <br />WHEREAS, certain matters have arisen with respect to the development of this Parcel <br />which the Parties desire to resolve and memorialize as an enforceable Agreen.ent; <br />NOW, THEREFORE, Long Lake and Orono, for good and valuable consideration, <br />receipt of which is mutually acknowledged, go agree as follows: <br />1 The Parties agree that the Parcel will be ser\'cd by a public road which will <br />provide access tc the fire station and to the outlot created to the east of the fire station. The <br />public road is shown on the attached Exhibit A. The construction cost of this road will be funded <br />from the joint fire station account, as created by the Agreement of August 8,2001 . The fire <br />station account will be reimbursed for 50% of the construction cost of the road, plus intcres* at <br />the annual rate of 4%, when the outlot to the east of the fire station is developed. <br />2. The Minnesota Department of Transportation has agreed to pay the full cost of <br />providing a sewer line to serve the fire station. The sewer will cross the Parcel approximately as <br />shown on Exhibit A. The Parties agree that the sewer line may be built to specifications which <br />provide for greater sewer line depth than the sewer line for which the Minnesota Department of <br />Transportation has agreed to pay. The Parties estimate the additional expense of the deeper <br />sewer line to be approximately $70,000.00. Orono agrees to pay the additional costs. <br />3.The Parties agree that permanent utility easements ’.vill be provided over Long <br />Lake and Orono utilities as shown on the final plat. <br />HC260S4^^ 4707/ .,oS54974.vl Page 1 of3 <br />1