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08-28-1995 EDA
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08-28-1995 EDA
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Last modified
1/29/2025 9:16:06 AM
Creation date
6/14/2018 9:57:15 AM
Metadata
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Template:
MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
8/28/1995
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
8/28/1995
EDA Document Type
Council Packets
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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 on February 1, 2006, provided that all payments of the <br /> EDA Note in accordance with its terms shall have been made and all <br /> of the Parties ' other respective obligations hereunder shall have <br /> been discharged, but no such terminationshall 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 110 <br /> By <br /> President <br /> By <br /> Executive Director <br /> BRIDGES LEASING COMPANY, LLC <br /> By <br /> Its <br /> By <br /> Its <br /> [Execution page of Development Assistance Agreement with the Mounds <br /> View Economic Development Authority. ] <br /> 411 <br /> 298106.1 7-1 <br />
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