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03/12/2007 Council Packet
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03/12/2007 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
03/12/2007
Council Meeting Type
Regular
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17. NOTICES. All notices required herein shall be in writing and delivered <br />personally or mailed to the address as shown at paragraph 1 above and, if mailed, <br />are effective as of the date of mailing. <br />18. ENTIRE AGREEMENT; MODIFICATION. This Agreement embodies the <br />entire agreement and understanding between Seller and Buyer, and supersedes any <br />prior oral or written agreements, relating to this transaction. This Agreement may <br />not be amended, modified or supplemented except in a writing executed by both <br />Seller and Buyer. No term of this Agreement shall be waived unless done so in <br />writing by the party benefited by such term. <br />19. SURVIVAL; NO MERGER. The terms of this Agreement shall survive <br />and be enforceable after the closing and shall not be merged therein. <br />20. SEVERABILITY. If any term of this Agreement or any application <br />thereof shall be invalid or unenforceable, the remainder of this Agreement and any <br />other application of such term shall not be affected thereby. <br />21. BINDING EFFECT. This Agreement shall inure to the benefit of and <br />shall bind the respective heirs, executors, administrators, successors and assigns of <br />Seller and Buyer. <br />• 22. MINNESOTA LAW. This Agreement shall be governed by the laws of <br />the State of Minnesota. <br />23. COUNTERPARTS. This Agreement may be executed in any number of <br />counterparts, each of which shall be an original, but all of which together shall <br />constitute one instrument. <br />• <br />The City of Lino Lakes agrees <br />to buy the property for the price <br />and terms and conditions <br />above. <br />set forth above. <br />Holiday Stationstores, Inc. <br />agrees to sell the property for the <br />price and conditions set forth <br />BUYER: SELLER: <br />CITY OF LINO LAKES HOLIDAY STATIONSTORES, INC <br />By: By: <br />Its: Mayor Its: Assistant Secretary <br />By: <br />
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