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r <br /> r <br /> (reserved for recording info—don) <br /> ENCROACHMENT AGREEMENT <br /> AGREEMENT made this Z?, day of 2007 by and between the CITY OF <br /> ORONO, a Minnesota municipal corporation ("City") and CRAIG R. OLSON and REBECCA D. <br /> OLSON,husband and wife("Olson"). <br /> 1. BACKGROUND. <br /> A. The City is the fee owner of certain real property in the City of Orono, County of <br /> Hennepin, State of Minnesota located at 4795 North Shore Drive and legally described as Lot 10, Block 6, <br /> BERGQUIST& WICKLUNDS PARK,Except Road, (hereinafter the"City Parcel"). <br /> B. Olson is the fee owner of certain real property in the City of Orono, County of <br /> Hennepin, State of Minnesota located at 4775 North Shore Drive and legally described as Lots 8 and 9 and <br /> the Northwesterly % of Lot 7, Block 6, BERGQUIST & WICKLUNDS PARK (hereinafter the "Olson <br /> Parcel"). <br /> C. Olson has constructed a retaining wall with landscaping which encroaches into the <br /> adjacent City Parcel as shown on the attached survey drawing. <br /> 2. ENCROACHMENT AUTHORIZATION. The City approves the encroachment of the <br /> retaining wall and landscaping within the City Parcel as shown on the attached survey drawing, subject to <br /> the conditions set forth in this Agreement. The existing retaining wall and landscaping shall not be <br /> 132133v01 1 (Abstract Property) <br /> SRN:06/07/2007 <br />