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Attachment B • <br /> Section 3. Nothing contained in this agreement shall in any way obligate either party to <br /> proceed with the redevelopment of the Property or otherwise enter into a Development <br /> Agreement. <br /> IN WITNESS WHEREOF,the parties have executed this Agreement as of the day and <br /> year first above written. <br /> MOUNDS VIEW ECONOMIC <br /> DEVELOPMENT AUTHORITY <br /> BY: <br /> DUANE MCCARTY <br /> ITS PRESIDENT <br /> • <br /> BY: <br /> CATHY BENNETT <br /> ITS EXECUTIVE DIRECTOR <br /> STATE OF MINNESOTA ) <br /> ) SS <br /> COUNTY OF ) <br /> The foregoing instrument was acknowledged before me on this day of <br /> , 1997, by Duane McCarty and Cathy Bennett, the President and Executive Director <br /> respectively of the Mounds View Economic Development Authority named in the foregoing <br /> instrument. <br /> Notary Public <br /> • <br />