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06/04/97 15:01 FAX 7855699 NSC 2 007/016 <br /> a <br /> • <br /> • <br /> THIS FIRST AME,NT)MXNT TO MASTER AGREEMENT shall be <br /> effective as of the first day of June. 1997.and is made and entered into by and <br /> between the State of 11+sinnesoia acting by and trout&the M1nnesota Amateur <br /> Spens Commissinn referred to as"MASC"),the City of Motmds <br /> View,Minnesota,apulitical subdivision of the State of Minnesota(hereinafter <br /> refected to as "Mounds View"),the City of Arden Thus.Minnesota.a political <br /> snbdivisinn of the State of/Amesora(hereinafter rcfcacd to as 'Arden Blue),the <br /> City of New Brighton.Mtnmesota,a palitir t subdivision of the State of Nftnnesota <br /> (hereinafter referral to as"New Brighton"),the City of Shoreview,Minnesota, a <br /> political subdivision of the State of ilnnesota(hesinaft er referred to•as <br /> "SLetacview"). (Mounds View,Arden Hills,New Brighton and Shoreview <br /> refected to hack collectively as"SAMN").Ramsey County,a political subdivision <br /> of the Stare of Minnesota(hereinafter referred to as"Ramsey County"),the City of <br /> Blaine.brumesota. a political subdivision of the Stare of Minnesota(hereinafter <br /> zcfened to as 'Blaine"),azul the City of Coon Rapids.Minnesota, a political <br /> subdivision of the State of Minnesota(hereinafter referred to as 'CuunRapids") <br /> (each of the parties hereto*other than MASC and Ramsey County collectively <br /> refcercd to herein as the"Subdivikons'). <br /> w1TNESSETB: <br /> WHEREAS,the parties hereto ente re4 into,thar certain Master Agement <br /> effective January 1,1997,in cvuuation with the consauetion and operation of a • <br /> four sheet ice arena at the National Sparta Center(the'TacUiry");and <br /> WHEREAS,pursuant to the Master Agement MASC entered into a Financing <br /> Agreement dated May 13,1997 with the Anoka County Housing and <br /> Redevelopment Authorityand Antra County pursuant to which nds are being <br /> issued and the proceeds loaned to MASC far the consRuttion of the Facility;and <br /> WHEREAS.Article VIT of the.Master Agreement provides in part that"Ic is <br /> understood that Anoka County may require pledges of revenues received purtimmnt <br /> to the Master Agreement and coveaant9 in connection with the financing of the <br /> Facility. Such covenants,to the extent inconsistent with this Master Agreement <br /> take precedence over.this Master Agreement"and <br /> WHEREAS,the parties hereto wish to amend the Master Agreement in certain <br /> respects to make it c insistent with the covenants and=maims in the trinandng <br /> Agreement <br /> NOW THEREFORE.the patties hereto hereby agree that the Master Agreement <br /> is hereby amended as follows: • <br /> 1. Paragraph U is amended by the addition of a paragraph at he end thereof to read <br /> as follows: <br /> _23:iximics_heretimkaggjalguDauteitherit (runts►nor the <br /> bnolca C'.ounty 1oeisin�and Rede vdopmeii Au(leuiity strati ave any <br /> nhlioati tcludingissuing bon or,,, ding <br /> fur t.hcgsbwmementt ofproceeds of rh& dc-if i meet_and Met County • <br /> First nrnenenern to Mutat'Agreement Juno 4,1997 Veeaion <br />