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Resolution No. 22-01 EDA
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Resolution No. 22-01 EDA
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6/24/2022 7:37:33 PM
Creation date
6/24/2022 9:26:29 AM
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EDA
EDA Document Type
EDA Resolution
Meeting Date
06/13/2022
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EXHIBIT C <br /> FORM OF CERTIFICATE OF COMMENCEMENT <br /> The undersigned hereby certifies that Silver Creek Equity,LLC,a Delaware limited liability company <br /> (the "Developer"), has fully satisfied its obligations under Section 13 of the Purchase and Development <br /> Agreement,dated 12022(the"Agreement"),between the Lino Lakes Economic Development <br /> Authority and the Developer,with respect to commencing construction of a Building included as part of the <br /> Minimum Improvements,defined as the Building in accordance with Section 13 of <br /> the Agreement, and that the Developer is released and forever discharged from its obligations with respect <br /> to commencing construction such Building included as part of the Minimum Improvements under Section 13 <br /> of the Agreement, and the Seller's right to re-enter and revest title to such building pursuant to Section 14 <br /> of the Agreement is hereby terminated. <br /> Dated: ,20 <br /> LINO LAKES ECONOMIC DEVELOPMENT <br /> AUTHORITY,MINNESOTA <br /> By <br /> Its Executive Director <br /> STATE OF MINNESOTA ) <br /> SS. <br /> COUNTY OF SCOTT ) <br /> The foregoing instrument was acknowledged before me this day of ,20_,by <br /> , the Executive Director of the Lino Lakes Economic Development Authority, <br /> Minnesota,a Minnesota public body corporate and politic,on behalf of the Authority. <br /> Notary Public <br /> C-1 <br />
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