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CC PACKET 08222000
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CC PACKET 08222000
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12/30/2015 4:17:27 PM
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12/30/2015 4:16:32 PM
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SP Box #
17
SP Folder Name
CC PACKETS 1999-2001
SP Name
CC PACKET 08222000
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53 <br /> • resolved by using union labor), fire or other casualty, or lack of materials; provided that within 10 days <br /> after a party impaired by the delay has knowledge of the delay it shall give the other party notice.of the <br /> delay and the estimated length of the delay,and shall give the other party notice of the actual length of <br /> the delay within 10 days after the cause of the delay has ceased to exist. The parties shall pursue with <br /> reasonable diligence the avoidance and.removal of any such delay. Unavoidable Delay shall not extend <br /> performance of any'obligation unless the notices required in this definition are given as herein required. <br /> ARTICLE 2 <br /> Representations and Warranties <br /> Section 2.1. By HRA. HRA makes the following representations to Redeveloper: <br /> (a) HRA is a housing and redevelopment authority duly organized and existing under <br /> the laws of Minnesota. Under the provisions of the Act, HRA has the power to enter into this <br /> Agreement and carry out its obligations hereunder. <br /> (b) The Redevelopment Project is a "redevelopment project" within the meaning of the <br /> Act and was created, adopted and approved in accordance with the terms of the Act. <br /> (c) The Tax Increment District is a "tax increment district" within the meaning of the <br /> Tax Increment Act and was created,adopted and approved in accordance with the terms of the Tax <br /> Increment Act. <br /> Section 2.2. By Redeveloper. Redeveloper represents and warrants that: <br /> (a) Redeveloper is a Minnesota limited partnership duly organized and existing under <br /> the laws of the State of Minnesota, has power to enter into this Agreement and has duly authorized the <br /> execution and delivery of this Agreement. <br /> (b) Redeveloper will, subject to Unavoidable Delays, complete the Project in <br /> accordance with the terms of this Agreement, and all local, state and federal laws and regulations. <br /> (c) Redeveloper has received no notice or communication from any local, state or <br /> federal official that the activities of Redeveloper, the City or HRA with respect to the Redevelopment <br /> Property may be or will be in violation of any environmental law or regulation. Redeveloper is aware of <br /> no facts the existence of which would cause it to be in violation of any local, state or federal <br /> environmental law, regulation or review procedure with respect to the Redevelopment Property. <br /> (d) Neither the execution or delivery of this Agreement, the consummation of the <br /> transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions of <br /> • <br /> -5- <br />
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