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03-11-13 Council Packet
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03-11-13 Council Packet
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3/6/2014 2:11:03 PM
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City Council
Council Document Type
Council Packet
Meeting Date
03/11/2013
Council Meeting Type
Regular
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<br /> 13 <br />419290v2 LN140 -109 <br />and EDA, including without limitation any successor in interest to either Developer <br />or EDA with respect to this Agreement or the Property or both. <br /> <br /> 1 6 .9. Conflict of Interests; EDA Representatives Not Individually Liable . <br />The EDA and the Developer, to the best of their respective knowledge, represent and <br />agree that no member, official, or employee of the EDA shall have any personal <br />interest, direct or indirect, in this Agreement, nor shall any such member, official, or <br />employee participate in any de cision relating to this Agreement which affects his or <br />her personal interests or the interests of any corporation, partnership, or association <br />in which he or she is directly or indirectly interested. No member, official, or <br />employee of the EDA shall be pe rsonally liable to the Developer, or any successor in <br />interest, in the event of any default or breach by the EDA, or for any amount which <br />may become due to the Developer or successor or on any obligations under the <br />terms of this Agreement. <br /> <br /> 1 6 .10. Equal Employment Opportunity . The Developer, for itself and its <br />successors and assigns, agrees that during the construction of the Minimum <br />Improvements provided for in this Agreement it will comply with all applicable <br />federal, State, and local equal employment and non -discrimination laws and <br />regulations. <br /> <br /> 1 6 .11. Restrictions on Use . The Developer agrees that prior to the <br />Termination Date, the Developer, and its successors and assigns: (a) shall not <br />discriminate upon the basis of race, color, creed, sex, nat ional origin, or any other <br />classification prohibited by law in the sale, lease, rental, or use or occupancy of the <br />Property or any improvements erected or to be erected thereon, or any part thereof; <br />and (b) shall otherwise comply with the restrictions on u se set forth in this <br />Agreement. <br /> <br /> 1 6 .12. Provisions Not Merged With Deeds . None of the provisions of this <br />Agreement are intended to or shall be merged by reason of any deed transferring any <br />interest in the Property and any such deed shall not be deemed to affect or impair the <br />provisions and covenants of this Agreement. <br /> <br /> 1 6 .13. Recording . The EDA may record this Agreement and any <br />amendments thereto with the Anoka County Registrar of Titles. The Developer <br />shall pay all costs for recording. <br /> <br /> 1 6 .14. Attorney Fees . Whenever any Event of Default occurs and if the <br />EDA shall employ attorneys or incur other expenses for the collection of payments <br />due or to become due, or for the enforcement of performance or observance of any <br />obligation or agreement on th e part of the Developer under this Agreement, the <br />Developer agrees that it shall, within ten days of written demand by the EDA, pay to <br />the EDA the reasonable fees of such attorneys and such other expenses so incurred <br />by the EDA. <br />
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