CC PACKET 07271993 - Laserfiche WebLink

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each floor; (5) elevations on all sides; (6) landscape plan; (7) grading plan; and (8) utility plan. "Event of Default" means as set forth in Section 9.01 hereof. "HRA" means the Housing and Redevelopment Authority of St. Anthony, Minnesota, a public body corporate and politic under the laws of the State of Minnesota. "Improvements" means the buildings or other improvements located on the Redevelopment Property. "Mortgage" means any mortgage made by Redeveloper which covers, in whole or in- part, the Redevelopment Property. "Mortgagee" means the owner or holder of a Mortgage. "Net Proceeds" means any proceeds paid by an insurer to Redeveloper and the HRA under a policy or policies of insurance required under Article 5 and remaining after deducting all expenses (including fees and disbursements of counsel) incurred in the collection of the proceeds. "Project" means the acquisition and clearing of the Redevelopment Property and the construction thereon of a professional building with an approximately 8,300 square foot main level and an approximately 7,100 square foot basement level with partial window exposure, and the construction of site improvements and other improvements of a public nature, all as further described in Schedule B attached to this Agreement. "Project Area" means the area designated for redevelopment by the HRA pursuant to the Redevelopment Plan and the Act. "Plans" means Redeveloper's plans dated , 1993 for the Project as submitted to the BRA, with any subsequent amendments-approved by the HRA. "Redeveloper" means R.A. Hellickson, a Minnesota resident. "Redevelopment Plan" means the Redevelopment Plan approved by the City on August 25, 1992, as amended by an amendment thereto dated March 23, 1993. "Redevelopment Property" means the portion of the Project Area described on Schedule A attached hereto. -3- F