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02-035CITY OF SHOREWOOD RESOLUTION NO. 02-035 A RESOLUTION APPROVING SUBDIVISION AND COMBINATION OF REAL PROPERTY WHEREAS, Richard A. Bowman and Terri L. Bowman (Applicants) are the owners of certain real property (the Shorewood Parcel) in the City of Shorewood, County of Hennepin, State of Minnesota, legally described as: "Lot 1, Blockl, R Bowman Addition, Hennepin County, Minnesota"; and WHEREAS, the Applicants also own a parcel of land (the Deephaven Parcel) located in the City of Deephaven, County of Hennepin, State of Minnesota, legally described as: "Lot 68, Auditor's Subdivision No. 141, Hennepin County, Minnesota; and WHEREAS, the Applicants propose to sell the Deephaven Parcel and the north 40 feet of the Shorewood parcel to Kawell Associates, Inc., a Minnesota Corporation and have applied to the City for a subdivision of the Shorewood parcel; and WHEREAS, the subdivision requested by the Applicants complies in all respects with the Shorewood Zoning Code, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood as follows: The Shorewood Parcel be divided into two parcels, legally described in Exhibit A, attached hereto and made a part hereof. 2. The City Clerk furnish the Applicants with a certified copy of this resolution for recording purposes. 3. That the Applicants record this resolution together with the Restrictive Covenant, attached hereto as Exhibit B and made a part hereof, with the Hennepin County Recorder or Registrar of Titles within thirty (30) days of the date of the certification of this resolution. ADOPTED BY THE CITY COUNCIL OF THE CITY OF/SHOREWOOD this 22nd day of April2002. / ATTEST: I DAWSON, CITY ADMINISTRATOR/CLERK MAYOR 0 7 I Legal Description — Bowman Homestead Lot 1, Block 1, R Bowman Addition, Hennepin County, Minnesota, except the North 40.00 feet thereof. Legal Description — North 40 Feet The North 40.00 feet of Lot 1, Block 1, R Bowman Addition, Hennepin County, Minnesota. Exhibit A Restrictive Covenant • THIS AGREEMENT, entered into this day of 6, 2002, by, between and among Richard A. Bowman and Terri L. Bowman, husband aid wife, (hereinafter referred to as "Bowman") and Kawell Associates, Inc., a Minnesota corporation, (hereinafter referred to as "Kawell") and the City of Shorewood. WHEREAS, Bowman is the fee owner of certain real property located in the City of is Shorewood in Hennepin County, Minnesota and legally described as: Lot 1, Block 1, R Bowman Addition. Hennepin County, Minnesota and is also the fee owner of certain real property located in the City of Deephaven in Hennepin County, Minnesota which is legally described as: Lot 68, Auditor's Subdivision No. 141. Hennepin County, Minnesota WHEREAS, Bowman and Kawell executed a Purchase Agreement (the "Purchase Agreement") for the purchase and sale of the following described parcel of property situated in Hennepin County, Minnesota (hereinafter referred to as the "Property"): Lot 68, Auditor's Subdivision No. 141 (hereinafter referred to as "Parcel A") and The North 40.00 feet of Lot 1, Block 1, R Bowman Addition (hereinafter referred to as "Parcel B"). WHEREAS, the Purchase Agreement expressly required that Seller obtain the consent of the City of Shorewood for the subdivision of Lot 1, Block 1, R Bowman Addition; and is WHEREAS, the City of Shorewood as a condition of granting the consent to said subdivision requires that a restrictive covenant on the Property be created which would preclude any future conveyance of only Parcel A as a separate parcel from Parcel B. • NOW, THEREFORE, Bowman makes the following declarations as to the limitations, restriction and uses to which the Property may be put, and specifies that such declarations shall constitute covenants to run with the land as provided by law and shall be binding on all parties and all persons claiming under them: 1. Restrictive Covenant. During the duration of this Agreement, no party may convey any part or all of Parcel A as a separate parcel from Parcel B unless the consent of the City of Shorewood has been obtained. In addition, during the duration of this Agreement, no party may convey any part or all of Parcel B which would separate it from Parcel A. This restrictive covenant shall run with the land and be binding upon the parties hereto and their successors in perpetuity, and shall not be terminated except by the termination of this Agreement. Exhibit B 2. Reservations. Nothing contained herein shall in anyway prohibit, restrict or limit • Kawell, his heirs, successors or assigns from conveying, transferring, occupying or using the Property for all purposes not inconsistent with the restrictive covenant set forth herein. • ;. Duration. This Agreement and restrictive covenant continues until terminated, modified or released by the registered owners of the "Property" and the City of Shorewood in writing. • • • • 4. Governing Law. This Agreement shall be construed under the laws of the State of Minnesota. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date above first written. Teri KA By: THI STATE OF MINNESOTA ) ) ss COUNTY OF 14Ka The foregoing instrument was acknowledged before me this1!�day of , 2002 by ,Bowman, husband and wife. CHERYL L. PEDROLIE NOTARY PUBLIC•MINNESOTA My Commksion Expkes Jan. 31, 2005 Notary Pub c STATE OF MINNESOTA ) ss COUNTY OF ) The foregoing instrument was acknowledged before me this day of 2002 by Mark A. Kawell, the President of Kawell Associates, Inc., a Minnesota corporation, on e neU1®UT NOTARY PUBLIC MINNESOTA My Commission Expires Jan. 31, 2006 Notary Public • s 0 STATE OF MINNESOTA COUNTY OF "lo, ss The foregoin instrument was acknowledged before me this ' - day of ��, 2002 by Ui��(7 11 Love, and , the M&V _ and of the City of Shorewood, on behalf of the City. " JEA�I� M PAI CHY$HYN NOTAff PUBLIC MINNESOTA �°'!l4PP° •'•, A9y Cwmmis�lon E�kesJan. 31. a6t-i t Palne-Ag-aky-n Notary Nblic THIS INSTRUMENT WAS DRAFTED BY: Wilkerson & Hegna, P.L.L.P. (TJB) 7300 Metro Boulevard, Suite 300 Edina, Minnesota 55349 952-897-1707