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'�' <br /> PARTIAL RELEASE OF ENCROACHMENT AGREEMENT <br /> AGREEMENT made this 13th day of February, 2012, by and between the CITY OF <br /> ORONO, a Minnesota municipal corporation("City"); and RYAN COMPANIES US, INC., a <br /> Minnesota corporation ("Developer"). <br /> 1. BACKGROUND. Certain real property, Orono Industrial Boulevard, with the <br /> City of Orono, County of Hennepin, State of Minnesota has been dedicated to the City of Orono <br /> (the "Subject Property"). The City granted the Developer permission to encroach upon the <br /> Subject Property pursuant to an Encroachment Agreement dated December 5, 2007 and filed of <br /> record on January 17, 2008 as Document No. 9086547 in the office of the Hennepin County <br /> Recorder and also filed of record on January 8, 2008 as Document No. 4459627 in the office of <br /> the Hennepin County Registrar of Titles. The City and the Developer desire to release a certain <br /> parcel of property described on Exhibit "A" attached hereto from the existing Encroachment <br /> Agreement. <br /> 2. RELEASE OF ENCROACHMENT AGREEMENT. The parties hereby <br /> release in the existing Encroachment Agreement as it relates to the real property described in <br /> Exhibit "A" attached hereto. <br /> 3. RECORDING. This Partial Release of Encroachment Agreement shall be <br /> recorded against the title to the Subject Property and shall run with the land. <br /> 162298v2 1 <br /> SMM:02/02/12 <br />