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04-14-1997 EDA
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04-14-1997 EDA
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Last modified
1/29/2025 9:15:13 AM
Creation date
6/15/2018 6:13:22 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
4/14/1997
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
4/14/1997
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, 2005, 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 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 /> Kenmark Partnership, LLP <br /> By <br /> Its <br /> By <br /> Its <br /> [Execution page of Development Assistance Agreement with the Mounds <br /> View Economic Development Authority. ] <br /> 410 <br /> 346932.2 - 7-1 <br />
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