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02-14-2022 EDA
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02-14-2022 EDA
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2/14/2022 9:53:26 AM
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MV EDA
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Packets
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2/14/2022
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Draft 2.10.2022 <br /> <br />8 <br />DOCSOPEN\MU205\57\776768.v5-1/28/22 <br />Amelia A. Sullivan <br /> 2817 Woodcrest Dr. <br />New Brighton, MN 55112-4469 <br /> <br /> IF TO THE BUYER: <br /> <br /> MOUNDS VIEW ECONMIC DEVELOPMENT AUTHORITY <br /> 2401 Mounds View Boulevard <br /> Mounds View, MN 55112-1429 <br /> Attn: City Administrator <br /> <br /> AND COPY TO: <br /> <br /> Scott J. Riggs <br /> KENNEDY & GRAVEN, CHARTERED <br /> Fifth Street Towers <br /> 150 South Fifth Street <br /> Minneapolis, MN 55402 <br /> <br /> Notices shall be deemed effective on the earlier of the date of receipt or the date of <br />deposit as aforesaid; provided, however, that if notice is given by deposit, that the time for the <br />response to any notice by the other party shall commence to run one (1) business day after <br />any such deposit. Any party may change its address for the service of notice by giving written <br />notice of such change to the other party, or in any manner above specified, ten (10) days prior <br />to the effective date of such change. <br /> <br /> The delivery of all papers and monies pursuant to this Agreement are to be made at <br />the offices of the City of Mounds View, 2401 Mounds View Boulevard, Mounds View, MN <br />55112-1429. <br /> <br />21. EXECUTION IN COUNTERPARTS: This Agreement may be executed in counterparts <br />by the parties hereto, each of which when so executed shall be deemed an original, but all of <br />which taken together shall constitute one and the same agreement. <br /> <br />22. ENTIRE AGREEMENT/MODIFICATION: This Agreement, any attached exhibits and <br />any addenda or amendments signed by the parties shall constitute the entire agreement <br />between Sellers and Buyer, and supersedes any other written or oral agreements between <br />Seller and Buyer. This Agreement can only be modified in writing signed by Sellers and <br />Buyer. <br /> <br />23. WAIVER OF RELOCATION BENEFITS: The Buyer has notified the Sellers that (a) <br />the Buyer only seeks to acquire the Property by voluntarily conveyance; (b) the parties <br />mutually initiated negotiations; and (c) if negotiations fail, the Buyer will not acquire or <br />undertake acquisition of the Property by eminent domain. Sellers represent and warrant <br />that no person will be displaced or otherwise entitled to relocation benefits as a result of <br />the sale of the Property, and that there are no tenants or other persons in possession of the
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