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<br /> <br /> <br /> <br /> <br /> <br />PURCHASE AGREEMENT <br /> <br />by and between <br /> <br />THE MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br /> <br />and <br /> <br />CHO INVESTMENTS <br /> <br />Regarding the property located at <br /> <br /> <br />2390 COUNTY ROAD 10 <br />MOUNDS VIEW, MINNESOTA <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />The Purchase Agreement is being drafted by Kennedy & Graven and <br />will contain the terms and conditions as articulated in the February <br />14, 2006 letter of Intent. The agreement however was not available <br />in time for inclusion with the packet Thursday afternoon. Staff will <br />hand deliver the Purchase Agreement as soon as it is available, <br />which will likely be Friday, February 24, 2006.