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09-07-2021 EDA Packet
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09-07-2021 EDA Packet
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11/4/2021 11:21:36 AM
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EDA
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EDA Packet
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09/07/2021
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30 <br /> With a copy to: Lyngblomsten Services, Inc. <br /> c/o Lyngblomsten <br /> 1415 Almond Avenue St. Paul, MN 55108 Attn: Chief Executive Officer <br /> To Authority: Lino Lakes Economic Development Authority <br />600 Town Center Parkway Lino Lakes, Minnesota 55014 Attn: Executive Director <br />Section 10.6. Counterparts. This Agreement may be executed in any number of counterparts, <br />each of which shall constitute one and the same instrument. Section 10.7. Recording. The Authority may record this Agreement and any amendments thereto with the County recorder or registrar of titles, as applicable. The Developer shall pay all costs <br />for recording. <br /> Section 10.8. Amendment. This Agreement may be amended only by written agreement approved by the Authority and the Developer. <br /> Section 10.9. Authority Approvals. Unless otherwise specified, any approval required by the <br />Authority under this Agreement may be given by the Authority Representative, except that final approval of issuance of the TIF Note shall be made by the Board of the Authority. Section 10.10. Termination. This Agreement terminates on the Termination Date. Within <br />30 days after the Termination Date, the Authority will deliver to Developer a written release in <br />recordable form satisfactory to Developer, evidencing termination of this Agreement. This obligation survives the expiration or earlier termination of this Agreement. Section 10.11. Choice of Law and Venue. This Agreement shall be governed by and <br />construed in accordance with the laws of the State. Any disputes, controversies, or claims arising out <br />of this Agreement shall be heard in the State or federal courts of Minnesota, and all parties to this Agreement waive any objection to the jurisdiction of these courts, whether based on convenience or otherwise. <br /> <br /> (The remainder of this page is intentionally left blank.)
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