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STORMWATER MAINTENANCE AND EASEMENT AGREEMENT <br /> THIS AGREEMENT (this"Agreement")is made and entered into as of the day of <br /> NWeA,A J( ,2024,by and between Yogi Properties,LLC,a Minnesota limited liability company <br /> (the"Owner") and the CITY OF ORONO,a Minnesota municipal corporation(the"City"). <br /> RECITALS <br /> A. The Owner is the owner of certain real property located in Hennepin County, <br /> Minnesota, legally described as follows: <br /> Parcel 1 <br /> That part of Outlot C,EAST WILLOW WOODS lying Westerly of the Northerly extension of the <br /> East line of Lot 1, Block 1, EAST WILLOW WOODS <br /> Parcel 2 <br /> Outlot A, EAST WILLOW WOODS <br /> ("Property"); and <br /> B. The Owner is proceeding to adjust the boundary lines of the Property; and <br /> C. The City and the Owner agree that the health, safety, and welfare of the residents <br /> of the City of Orono, Minnesota, require that on-site Stormwater Management Facilities be <br /> maintained or improved on the Property; and <br /> D. The City requires that the Stormwater Facilities be adequately maintained by the <br /> Owner; and <br /> E. The City requires that any improvements to the Stormwater Facilities as may be <br /> required shall be subject to the prior approval of the City; and <br /> E. The Owner is required to enter into this Agreement and grant to the City a license <br /> to enter the Property to inspect and, if necessary, complete work required under the terms of this <br /> Agreement; and <br /> G. The Owner is required to grant an easement to the City for the purposes of <br /> inspecting and maintaining the Stormwater Facilities. <br /> NOW, THEREFORE, in consideration of mutual covenants of the parties set forth herein <br /> and other valuable consideration,the receipt and sufficiency of which are hereby acknowledged,the <br /> parties agree as follows: <br /> 223283v1 <br />