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2 <br />and best interests of the City and the health, safety, morals, and welfare of its residents, and in <br />accord with the public purposes and provisions of the applicable State of Minnesota and local laws <br />and requirements under which the Senior Building has been undertaken and is being assisted. <br /> <br />NOW, THEREFORE, in consideration of the premises and the mutual obligations of the <br />parties hereto, each of them does hereby covenant and agree with the other as follows: <br /> <br /> <br /> <br /> <br /> <br />(The remainder of this page is intentionally left blank.)