1998_0112_packet - Laserfiche WebLink

Home

anniversary dates of the closing on the exercise of said option provided written notice is received by the County from the City 60 days prior to each s uh event 3.1 Pry ert gmer hi � Upon receipt by the City of the third installment of 0 0 the city t shall within f ive (5) days deliver a $83,333, � quitclaim deed to the County representing an undivided one quarter fee interest in the entire waterworks property., The Deed shall be in the form of the Deed attached as Exhibit 5 hereto 4* Master Plan fgr Integrated- Corridor and Ovate wo r Pro rt The County and City will jointly plan the future development of both the Waterworks Property and the integrated Corridor with the intent of developing the properties erties as a functioning cohesive unit with equal access to all residents of Ramsey County with c ormmo n rules and regulations for public use, The piaster Plan � mutual cans ea�'�t �f both may be mode f ied only in writing �' parties* 5 cress to Count Lan in the Inter rat d cQ ridgy The County will, in accordance with the Xas ter Plant authorize City access to County land wi thin the e rated Corridor for development, operat ton and l m � maintenance of recreational improvements (e,g. trails provided that the city accepts the full cost of these activities and indemnif ies the County in accordance with � the terms of this Agreement. t Omerationo Maintenance and Control of waterworks Pro ert The City shall be fully responsible for the entire costs, ' ` of the Waterworks development, operation,, and maintenance ert inc ludin o without any limitation, all police and fire protection, forestry, improvements, construction, and natural resources management Any revenues or income generated by or from the used for the aogiiis ition Waterworks Property shall , development and maintenance of waterworks Property �n accordance with the Master Plan 2