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09-14-1998 EDA
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09-14-1998 EDA
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Last modified
1/29/2025 9:16:14 AM
Creation date
6/15/2018 6:54:29 AM
Metadata
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Template:
MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
9/14/1998
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
9/14/1998
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 upon payment of the EDA Note in accordance lith 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 /> r Executive Director <br /> MICHAEL <br /> INVESTMENTS,, LTD. <br /> By <br /> Its President <br /> By <br /> Its Chairman of the Board <br /> [Execution page of Development Assistance Agreement with the Mounds <br /> View Economic Development Authority. ] <br /> 334455.RFS 7 r <br /> v5 to v4 9/10/98 <br /> bZ d 21)78) IPGR 'QUI/Iq :pfl iR/If: l Rfi 11 n(m) mimunw rnnrua wnw <br />
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