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11-25-1996 EDA
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11-25-1996 EDA
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Last modified
3/3/2025 6:52:44 AM
Creation date
3/13/2012 12:28:08 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
1/1/1996
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To Company: <br />Hcartland-Moundsview COMMONBOND, LI,C <br />3D9 West Washington Avenue, Suite 345 <br />Madison� Wi�cansan 53703 <br />Attent1otl: JameB D. PicHrd <br />with a copy by regular mail to; <br />Foley & Lazdner <br />15o East (3ilman Street <br />Madison, Wiscans�n 53701-1497 <br />Attent2on: Blaine R. Reafert <br />To Authoritya <br />Mounds VicW Economic Development Authority <br />Mounds `liew Ci[y Hall <br />2401 Higt�way 10 <br />Yviounds iriew, Minnesota 55112 <br />Attention: Executive Director <br />with a copy to; <br />Briggs and Morgan <br />2200 First National Bank Building <br />St, Paul, Minnesota 55101 <br />Atter�tion; James P, O'Meara <br />Any party may at any time and from tfine to time (by providing notice to the other <br />parties in the manner set forth �bove) designate a different add�ess or person, or both, to <br />which such notices may be sent. <br />8. Assi nme t of his eement. No rights or �Ulig�tions of any party to this <br />Agreement may be assigned or otherwise encumbered or transferred without the prior <br />w,�itten consent of the Authority; provided that the Authority hcreby consents to an assignee <br />of the I.ender arising pu�suant to sr�y acquisition, mer�er or similFir structu.ral change of the <br />legal ideneity of the Lender or to eny assignee of the Lender arising pursu�t�t ta the Lender's <br />assignment of the Mortga�e and Note, provided tha4 if any such assignment oceurs after the <br />assumption of tl�c Development Agreement by the Lender pursuant ta paragraph 6 hereof, <br />the assignee shall have executed an agreement with the Aukhority complying with Section <br />4.1(b){iii) of the Devel�pment Agreement and the assignee s}�all have effected a re- <br />registration �f the EDA Note in its name as Registered Owner tl�ereof. <br />336T85o2 <br />0 <br />4 ]�V9 ���������GB�IY ����1 746�4G�41 1d9�� W419� <br />
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