pf_03089 - Laserfiche WebLink

Home

D ~A~') LOT COMBINATION AGREEMENT 1. Parties. The parties to this Agreement are Opus Northwest, L.L.C., a Delaware limited liability company ("Opus") and the City of Roseville, a Minnesota municipal corporation (the "City"). 2. Recitals. 2.1. Opus is the owner of the real property legally described as follows: That part of Lot 1, Block 2, Gateway Business Park, Ramsey County, Minnesota, lying westerly of the southerly extension of the West line of Lot 3, said Block 2, and Lot 2, Block 2, Gateway Business Park, Ramsey County, Minnesota (the "Property"). 2.2 Opus acquired the Property from the City. 2.3 Opus desires assurance that is can use the Property in all respects as a single development parcel including, but not limited to, the construction of a building over the common lot line between Lot 1 and Lot 2. 2.4 The City intends that the portion of the Property lying within Lot 1 and all of Lot 2 be used as a single development parcel. The City seeks assurance from Opus that Opus will not convey the portion of the Property lying within Lot 1 separately from Lot 2 without compliance with the City's subdivision ordinances. 3. Agreement. 3.1 The City agrees Opus may use the Property for all purposes as though the portion of the Property lying within Lot 1 and all of Lot 2 constitute a single lot. Opus is not obligated to observe any setback requirements with respect to the common lot line between Lot 1 and Lot 2, and Opus may construct improvements over and across the common lot line of Lot 1 and Lot 2 as though such lot line did not exist. 3.2 Opus agrees that Opus may not convey the portion of the Property lying within Lot 1 separately from Lot 2 without complying with all requirements of the City's subdivision ordinances. Opus agrees that the Ramsey County Registrar of Titles may refuse to record or file a conveyance of the portion of the Property lying within Lot 1 separate from Lot 2 unless the property is replatted or the City approves a lot split. 239011 v