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FROM LEONARD. STREET .AND DEI HARD (MON) 2. 1'95 10:50.'ST. 10:49, X0. a:$04SS;99 ? ' <br />ROAD AGREEMENT <br />This sgrccnicnt is made this___ day of February, 1999, by and between Green Valley Associates, <br />inc., a Ntinnesota corporation (“Developer”) and the City of Orono, a Minnesota municipal <br />co^JOiation (“City”). <br />fiecitalx <br />The Developer is the fee owner and developer of that portion of Outlet E, SUG*^R <br />WOODS, Hennepin, Minnesota, that is being platted as SUGAR W'OODS 2ND <br />.ADDITION, consisting of Lot 1, Block 1 (“Service 800 Parcel”) and Outlet A. Service <br />SOO, Inc., a Minnesota corporation, is an affiliate of Developer and will occupy the <br />building to be built on the Service 800 Parcel. <br />B.In the middle of the southerly boundary of Outlet E, SUGAR WOODS, there is an <br />existing curb cut that provides access between the Service 800 Parcel arid Wayzata <br />Boulevard. The City is willing to allow that curb cut to provide temporary access to the <br />Service 800 Parcel pending acquisition and improvement of permanent access elsewhere. <br />Permanent access between the Service 800 Parcel and Wayzata Boulevard will be over <br />that p^ of Outlet I, LONG LAKE COMMERCIAL-INDUSTRIAL PARK, not <br />occupied by Wayzata Boulevard (“Brimliall Triangle”). There arc three options for <br />permanent access over the Brimhall Triangle that are accepuble to the City and the <br />Developer. <br />D.The Brimhall Triangle is owned in fee simple by the heirs of Franc P. Daniels. Sr., <br />deceased and is subject to a Highway Easement in favor of the State of Minnesota dated <br />July 15. 1927. <br />E.The land cast of the Service 800 Parcel and north of the Brimhall Triangle is Lot 2. Block <br />I, EAST WILLOW WOODS, Hennepin County, Minnesota (“Otten Parcel”). The fee <br />owners of the Otten Parcel are Clifford Otten and Louise Otten, husband and wife <br />(“Otten”). <br />F.As a condition of final plat approval of SUGAR WOODS 2ND ADDITION, the City <br />Council of the City of Orono has required that this Road Agreement be executed, so that <br />the various road access arrangements will be described and agreed rpon. <br />Agreement; <br />In consideration of the fact recited above, one dollar and other good and valuable consideration, <br />the Developer and the City agree as follows; <br />170732D.U1 nuaedl'l/W 10:32 A.M <br />\