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Exhibit B <br />Public Trailway Perpetual Easement and <br />Permanent Irrevocable Permit Agreement <br /> <br />April 9, 2024 11 <br />PUBLIC TRAILWAY PERPETUAL EASEMENT AND <br />PERMANENT IRREVOCABLE PERMIT AGREEMENT <br /> <br /> <br />This Public Trailway Easement (“Easement”) and Permanent Irrevocable Permit <br />(“Permit”), made this ______ day of ________, 202_, by the City of ____________, <br />a Minnesota municipal corporation (“Grantor”) to Three Rivers Park District, a political <br />subdivision of the State of Minnesota, Hennepin County, Minnesota (“Grantee”). <br /> <br />RECITALS <br /> <br />WHEREAS, Grantor and Grantee entered into a Trailway Cooperative <br />Agreement (“Agreement”) for ___________ Regional Trail (“Trail”) dated as of <br />_________ __, 202_; and <br /> <br />WHEREAS, pursuant to the Agreement, Grantor agreed to convey to Grantee <br />an Easement and/or Permit as further described herein and Grantee agreed to accept <br />Easement and/or Permit according to the terms and conditions contained herein; and <br /> <br />WHEREAS, Grantor is the fee owner of certain real property in Hennepin <br />County, Minnesota, legally described on the attached Exhibit A (“Easement Area”); <br />and <br /> <br />WHEREAS, Grantor is not the fee owner, but has legal authority to construct, <br />maintain and operate sidewalks, trails, and other such publicways and Permit within <br />the area legally described on the attached Exhibit B (“Permit Area”); and <br /> <br />WHEREAS, said Easement provided by the Grantor does not convey ownership <br />of lands within the Easement and Permit Areas to the Grantee. <br /> <br />NOW THEREFORE, in consideration of mutual covenants contained within the <br />Agreement referenced above, and other good and valuable consideration, the <br />sufficiency of which is hereby acknowledged, the Grantor agrees to as follows: <br /> <br />TERMS OF PERPETUAL EASEMENT AND PERMANENT AND IRREVOCABLE <br />PERMIT <br /> <br />1.) Grant of Easement. Grantor grants and conveys to the Grantee the Easement <br />legally described and depicted on the attached Exhibit A. The easement shall be <br />perpetual, shall run with the land, shall be binding upon Grantor and its successors <br />and assigns and shall be for the benefit of Grantee and its successors and assigns. <br />The easement shall be non-exclusive; provided, however, this easement shall be <br />prior to and superior to any other easement hereinafter granted. Any future <br />easement shall be subject to and subordinate to, and shall not interfere with, the <br />easement without the consent, in writing, of Grantee. <br /> <br />2.) Grant of Permit. Grantor grants and conveys to the Grantee the permanent, <br />irrevocable Permit legally described and depicted on the attached Exhibit B. In <br />accordance with the Agreement, the Grantor may substitute a Permit for an <br />Easement only where the Grantor currently does not own property rights sufficient <br />to convey an Easement. The permit shall be permanent, shall be binding upon <br />Grantor and its successors and assigns and shall be for the benefit of Grantee and <br />142