Laserfiche WebLink
CONSENT AND ACKNOWLEDGMENT OF <br />THE CITY OF HUGO <br />The City of Hugo, Minnesota (the "City"), by its undersigned designated <br />representatives, hereby expressly consents to the assignment of the Development <br />Agreement to 4L, LLC pursuant to the terms and conditions of the foregoing Assignment <br />and Assumption of Rights and Obligations. Upon the effective date of the Assignment, <br />the Assignor shall be released from all of its duties, obligations and responsibilities under <br />the Development Agreement and the Assignor and James A. Taglia, Thor J. Larson, <br />Robert E. Larson and Stephen P. Palmquist are released from that certain Guaranty dated <br />and delivered to the City in connection with the Development <br />Agreement. To the knowledge of the undersigned, the Assignor is not in default under <br />the terms and conditions of the Development Agreement. <br />CITY OF HUGO, MINNESOTA <br />21226210 <br />