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03-08-1999 CC
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03-08-1999 CC
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Last modified
1/28/2025 4:46:50 PM
Creation date
6/14/2018 5:35:20 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
3/8/1999
Supplemental fields
City Council Document Type
City Council Packets
Date
3/8/1999
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ARTICLE VII <br /> TERMINATION OF AGREEMENT; EXPIRATION <br /> Section 7 . 1 . Termination. The Authority may terminate this <br /> Agreement as provided herein, and otherwise this Agreement shall <br /> terminate upon payment of the EDA Note in accordance with its terms <br /> and the discharge of all of the Parties ' other respective <br /> obligations hereunder, but no such termination shall terminate any <br /> indemnification or other rights or remedies arising hereunder due <br /> to any Event of Default which occurred prior to such termination. <br /> Section 7 . 2 . Sections to Survive Termination. Section 4 . 2 <br /> shall, in addition to the other surviving provisions referenced in <br /> Section 7 . 1, survive the termination of this Agreement . <br /> IN WITNESS WHEREOF, the Authority has caused this Agreement to <br /> be duly executed in its name and behalf by its duly authorized <br /> representatives, and the Developer has caused this Agreement to be <br /> duly executed in its name and behalf by its duly authorized <br /> representatives on or as of the date first above written. <br /> MOUNDS VIEW ECONOMIC <br /> DEVELOPMENT AUTHORITY <br /> By <br /> President <br /> By <br /> Executive Director <br /> MICHAEL INVESTMENTS <br /> By <br /> Its <br /> By <br /> Its <br /> [Execution page of Development Assistance Agreement with the Mounds <br /> View Economic Development Authority. ] <br /> 334455.6 7-1 <br />
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