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04-12-2021 EDA
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04-12-2021 EDA
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Last modified
1/29/2025 9:15:12 AM
Creation date
4/8/2021 10:04:36 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
4/12/2021
Commission Doc Number (Ord & Res)
0
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Date
4/12/2021
EDA Document Type
Packets
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<br />8 <br />MU205\52\637644.v8 <br />This Agreement may be executed simultaneously in any number of counterparts, all of <br />which shall constitute one and the same instrument. <br />15. Governing Law. <br />This Agreement shall be governed by and construed in accordance with the laws of the <br />state of Minnesota. Any disputes, controversies, or claims arising out of this Agreement shall be <br />heard in the state or federal courts of Minnesota, and all parties to this Agreement waive any <br />objection to the jurisdiction of these courts, whether based on convenience or otherwise. <br />16. Additional Actions. <br />The parties hereto understand that additional and separate actions, for which no obligation <br />is created hereunder, will be required before either the EDA or Developer is obligated to take <br />various actions with respect to the Development. Those actions include, but are not limited to: <br />(a) Zoning, comprehensive plan, and subdivision approvals for any land use or <br />development proposed by Developer; and <br />(b) Review of any Tax Increment Financing arrangement, or other business <br />subsidy, as required by law. <br />17. Incorporation. <br />The Recitals set forth in the preamble to this Agreement and the Exhibits attached to this <br />Agreement are incorporated into this Agreement as if fully set forth herein. <br />[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br /> <br />
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