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CC PACKET 11242020
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CC PACKET 11242020
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12/1/2020 1:49:00 PM
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5 <br />or failure to act shall not preclude the exercise or enforcement of any of the <br />Lender’s rights or remedies hereunder. All rights and remedies of the parties <br />hereunder shall be cumulative and shall be exercised singularly or concurrently, at <br />such party’s option, and any exercise or enforcement of any one such right or <br />remedy shall neither be a condition to nor bar the exercise or enforcement of any <br />other. <br />13. No provision of this Agreement shall be deemed or construed to alter, amend or <br />modify, in any way, the rights and obligations of the Authority and the City with <br />respect to the Redeveloper and the Phase I Land Owner, as applicable, with respect <br />to the Development Agreement. Nothing herein shall be construed to limit the <br />Authority’s or the City’s remedies under Section 9.2 of the Development <br />Agreement upon the occurrence and during the continuance of an Event of Default <br />under the Development Agreement. <br />14. Any notice, request, demand or other communication hereunder shall be deemed <br />duly given if delivered or postage prepaid, certified or registered, addressed to the <br />party as set forth below: <br />If to the Authority: <br /> <br />Housing and Redevelopment Authority of St. Anthony, Minnesota <br />3301 Silver Lake Road <br />St. Anthony Village, Minnesota 55418 <br />Attention: Executive Direct <br /> <br />If to the City: <br /> <br />City of St. Anthony Village <br />3301 Silver Lake Road <br />St. Anthony Village, Minnesota 55418 <br />Attention: City Manager <br /> <br />If to the Redeveloper: <br /> <br />Doran SLV, LLC <br />7803 Glenroy Road, Suite 200 <br />Bloomington, Minnesota 55439 <br />Attention: Kelly J. Doran and Evan Doran <br /> <br />Doran SLV, LLC <br />7803 Glenroy Road, Suite 100 <br />Bloomington, Minnesota 55439 <br />Attention: General Counsel <br /> <br />If to the Phase I Land Owner: <br /> <br />35
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