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i <br /> i <br /> MINNESOTA HISTORICAL SOCIETY <br /> LETTER OF AGREEMENT GOVERNING USE OF HISTORIC SITE <br /> This agreement is made on the day of , 20 , by the City of Pequot <br /> Lakes (hereinafter referred to as the GRANTEE), and in favor of the State of Minnesota acting <br /> through the Minnesota Historical Society's State Historic Preservation Officer(hereafter referred to <br /> as the SOCIETY), for the purpose of preservation of a certain property known as the: Cole <br /> Memorial Building which is owned by the GRANTEE and is listed on the National Register of <br /> Historic Places. <br /> The Property is comprised of grounds, collateral, appurtenances, and improvements and is known <br /> as the Cole Memorial Building. The Property is located at 4285 Tower Square, Pequot Lakes in <br /> Crow Wing County. <br /> In consideration of the sum of forty one thousand one hundred sixty five dollars ($41,165.00) <br /> received through the State Capital Projects Grants-in-Aid Program through the SOCIETY from the <br /> State of Minnesota (MHS Grant Number: 2850B-07-CW), the GRANTEE hereby agrees to the <br /> following for a period of twenty(20)years: <br /> 1. The GRANTEE agrees to assume the cost of the continued maintenance and repair of said <br /> Property so as to preserve the architectural, historical, or archaeological integrity of the same in <br /> order to protect and enhance those qualities that made the property eligible for listing on the <br /> National Register of Historic Places. <br /> 2. The GRANTEE agrees that no visual or structural alterations will be made to the property <br /> without prior written permission of the SOCIETY. <br /> 3. The GRANTEE agrees that the SOCIETY, its agents or designees shall have the right to inspect <br /> the property at all reasonable times in order to ascertain whether or not the conditions of this <br /> agreement are being observed. <br /> This agreement shall be enforceable in specific performance by a court of competent jurisdiction. <br /> MINNESOTA HISTORICAL SOCIETY CITY OF PEQUOT LAKES <br /> 345 Kellogg Boulevard West <br /> Saint Paul, Minnesota 55102-1906 <br /> Nina M. Archabal, Director and signature—authorized officer <br /> State Historic Preservation Officer <br /> Date: <br /> Date: <br /> print name and title <br />