08-14-1996 Council Agenda - Laserfiche WebLink

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16. Termination of Occupancy. The Buyer will not take any action to force termination of the Owner's occupancy of the Property without agreement of the Owner, including the exercise of the power of eminent domain to acquire the Property by condemnation. It is further agreed that Buyer will not extend County Road at any time during the term of this Agreement so as to interfere with Owner's use and enjoyment of the Property. 17. Miscellaneous. This Agreement represents the complete and final agreement of the parties and supersedes any prior oral or written understanding. This Agreement may be amended only by a writing executed by both parties. The recital paragraphs herein are fully incorporated into the terms and conditions of this Agreement. In the event any provision hereof shall be held invalid or unenforceable, such invalidity or unenforceability shall not affect the remaining provisions hereof. This Agreement shall be construed, interpreted and enforced under the laws of the State of Minnesota. Section headings contained in this Agreement are for the convenience of the parties only and shall not be interpreted as part of this Agreement. All warranties and other obligations created in this Agreement shall survive the Date of Closing and shall be valid and binding legal obligations between the parties and their respective successors and assigns. Time is of essence hereof. IN WITNESS WHEREOF, the parties have hereunto caused this Agreement to be executed as of the date and year first above written. By: By: OWNER: Eugene M. Delonais BUYER: CITY OF LITTLE CANADA Michael I. Fahey Mayor Joel R. Hanson City Administrator 0133160.02 Page 36