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J <br /> • instituted: in ,g.00d.:faith, -. in whi"ch •case the Board of <br /> Arbitration . may . assess the .-costs of `arbitraton against either <br /> party as it determines : to be fair-- to the parties : Arbitration <br /> shall be- conducted -in accordance with the :Unifo.rm 'Arbitration " <br /> Act, Chapter' 572 of the Minnesota Statutes, :except' as herein <br /> otherwise expressly provided. <br /> Section 10 . 10 Letter -of Credit . The Letter of Credit <br /> shall be for no. less than one year and shall be replaced by <br /> Redeveloper prior to its expiration with a new' Letter of <br /> Credit . If the Letter of Credit is not replaced on or before-a <br /> date 10 days prior to its expiration, it may be, drawn upon by <br /> the HRA without notice to Redeveloper . Upon filing of the <br /> Certificate of Completion, the HRA shall return the Letter of <br /> Credit to Redeveloper . <br /> Section 10 . 11 Reasonable Consent of Parties . Except <br /> for consents or approvals of the HRA under Article VIII hereof , <br /> whenever in this Agreement the consent or approval of either <br /> party is required such consent shall not be unreasonably <br /> withheld or . delayed . <br /> IN WITNESS WHEREOF, the parties have caused this <br /> Agreement to be duly executed as of the date first above <br /> written. <br /> HOUSING AND REDEVELOPMENT AUTHORITY <br /> OF ST. ANTHONY, MINNESOTA <br /> By <br /> Its Chairman <br /> By <br /> Its Secretary <br /> STATE OF MINNESOTA ) <br /> SS <br /> COUNTY OF HENNEPIN ) <br /> ..The . foregoing. instrument - was acknowledged before me <br /> . this day of 1987, by <br /> Chairman and - , . Secretary of the Housing <br /> and Redevelopment Authority of St . Anthony, Minnesota . <br /> • Notary Public <br /> -27- <br />