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CC PACKET 10131987
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CC PACKET 10131987
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Last modified
12/30/2015 4:25:06 PM
Creation date
12/30/2015 4:24:27 PM
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SP Box #
18
SP Folder Name
CC PACKETS 1987-1989
SP Name
CC PACKET 10131987
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rental ,or.:-in ,the. use or -occupancy, of the Redevelopment Property <br /> or. any, ,improvements erected. or ,to be erected thereon, '-or .any <br /> part thereof . <br /> Section 10 . 4 Provisions Not Merged With Deed . . None <br /> of- the ,provisions of this -Agreement are intended to or shall be <br /> merged by reason ,of the Deed. and the Deed shall not be deemed <br /> to affect or impair;.the. provisions and- covenants - of this <br /> Agreement . <br /> . Section 10 . 5 Titles of Articles and Sections . Any <br /> titles- of the several parts , Articles , and Sections of this <br /> Agreement are inserted for convenience- of reference only and - <br /> shall be disregarded in construing -or interpreting any of its <br /> provisions . <br /> Section 10 . 6 Notices . and Demands . Except as <br /> otherwise -:expressly provided in this Agreement, a notice, <br /> demand, or other communication under this Agreement by either <br /> party to the other shall be sufficiently-given or delivered if <br /> it is dispatched . by registered' or certified mail , postage <br /> prepaid, return receipt requested, or delivered personally; and <br /> (a), in the case of Redeveloper, addressed to or <br /> delivered personally to Redeveloper c/o The Gaughan Companies , <br /> • 299 Coon Rapids Boulevard, Suite 210 , Coon Rapids , Minnesota <br /> 55433 . <br /> (b) in the case of the HRA, addre'ssed or delivered <br /> personal-ly to the HRA' s Executive Director, 3301 Silver Lake, <br /> Road, St . Ant-'bony, Mi-nnesota 55418 , or at . such other address <br /> with respect to either such party as that party may, from 'time - <br /> to time, designate in writing and forward to the other as <br /> provided in this Section. <br /> Section 10 . 7 . . Counterparts . This Agreement is <br /> executed in. any number of counterparts , each of which shall <br /> constitute one and the same instrument . <br /> Section 10 . 8 . Termination . This Agreement. may- be. <br /> terminated by either Redeveloper or the HRA upon' the 'occurrence <br /> of any- of the following : <br /> (.a) If Redeveloper does not submit to the HRA proof. <br /> that- the Redeveloper .has completed the Refunding, which -is <br /> acceptable to the HRA, by a date 120 days after the date hereof . <br /> (b) If the HRA does not acquire- title to the <br /> Redevelopment , Property pursuant to the Time Table. <br /> -25- <br />
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