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Q <br />(2) days advance notiee of its intent to enter upon t�e Property for <br />such purpose. <br />d. Assess all aetual cost incurred by the City for the remaval and <br />disposaI of the Elm Tree. Current estimated cosi for iree removal <br />and dispositian is $660.49. <br />B. Citv's Responsibilities. <br />l. On ar before the 15i c�ay of Decernber, 2010, the City or its cantractors <br />shal� reznove the Elm Tree from the Property. <br />2. Upon completio� of the remaval and dis�osal of the Elm Tree fram the <br />Pro�erty, the City Cauncil shaIl adopt a reso�ution directing tl�e Ra.msey <br />County Au�itar to assess the Property for the cost acEually incurred by the <br />Ciry to remove the E�rr� Tree. The assessment shall be paid in three (3) <br />equal annuai instaltments and shall bear interest at the rate of 4.5% fro�n <br />the date o� the adoption of the resolution. The first instaliznent shall be <br />d�ae and payable in 2011. <br />4.0 Itestoration of Pro er . Johnson shail be responsible �'or � estoring the Property after <br />the Elm Tree has been removed. <br />5.4 Le�al Document. This Agreement is a legaliy binr�ing docuznent and each of the parties <br />has had an opportunity to review zts terms with legal cou�sel. <br />2 <br />