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CCP 06-15-1992
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CCP 06-15-1992
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<br /> ~ ARTICLE VI <br /> ADDITIONAL PROVISIONS . <br /> Section 6.1. Restrictions on Use. The Developer agrees for <br /> itself, its successors and assigns and every successor in <br /> interest to the Development Property, or any part thereof, that <br /> the Developer and such successors and assigns shall operate, or <br /> cause to be operated, the Project as a multifamily housing <br /> facility for the elderly and shall devote the Development <br /> Property to, and in accordance with, the uses specified in this <br /> Agreement. <br /> Section 6.2. Conflicts of Interest. No member of the <br /> governing body or other official of the city shall have any <br /> financial interest, direct or indirect, in this Agreement, the <br /> Development Property or the Project, or any contract, agreement <br /> or other transaction contemplated to occur or be undertaken <br /> thereunder or with respect thereto, nor shall any such member of <br /> the governing body or other official participate in any decision <br /> relating to the Agreement which affects his or her personal <br /> interests or the interests of any corporation, partnership or <br /> association in which he or she is directly or indirectly <br /> interested. No member, official or employee of the city shall be <br /> personally liable to the City in the event of any default or <br /> breach by the Developer or successor or on any obligations under . <br /> the terms of this Agreement. <br /> Section 6.3. Titles of Articles and Sections. Any titles <br /> of the several parts, articles and sections of the Agreement are <br /> inserted for convenience of reference only and shall be <br /> disregarded in construing or interpreting any of its provisions. <br /> Section 6.4. Notices and Demands. Except as otherwise <br /> expressly provided in this Agreement, a notice, demand or other <br /> communication under this Agreement by any party to any other <br /> shall be sufficiently given or delivered if it is dispatched by <br /> registered or certified mail, postage prepaid, return receipt <br /> requested, or delivered personally, and <br /> (a) in the case of the Developer is addressed to or <br /> delivered personally to: - <br /> Cottages of Cottage Grove Limited Partnership <br /> 10812 Nesbitt Avenue <br /> Bloomington, Minnesota 55437 <br /> C . <br /> 18499 <br /> 14 <br />
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