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CCP 06-15-1992
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CCP 06-15-1992
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5/8/2007 1:09:07 PM
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<br /> L ARTICLE 1 <br /> . <br /> DEFINITIONS <br /> Section 1.1. Definitions. All capitalized terms used and <br /> not otherwise defined herein shall have the following meanings <br /> unless a different meaning clearly appears from the context: <br /> Aqreement means this Agreement, as the same may be from time <br /> to time modified, amended or supplemented; <br /> Business Day means any day except a Saturday, Sunday or a <br /> legal holiday or a day on which banking institutions in the City <br /> are authorized by law or executive order to close; <br /> Qity means the city of Cottage Grove; Minnesota; <br /> Compliance Certificate means the Compliance Certificate in <br /> substantially the form attached hereto as Exhibit E; <br /> County means Washington County, Minnesota; . <br /> Developer means Cottages of Cottage Grove Limited <br /> Partnership its successors and assigns; <br /> .Developer's Fee means the Developer's Fee the Developer is . <br /> "-.~- required to pay the City under Section 3.3 hereof; <br /> Development District means the real property described in <br /> the Development Program; <br /> Development Proqram means the development program approved <br /> in connection with the Development District; <br /> Development Propertv means the real property legally <br /> described in Exhibit B attached to this Agreement; <br /> Event of Default means any of the events described in <br /> Section 4.1 hereof; <br /> Leqal and Administrative Expenses means the fees and <br /> expenses incurred in connection with the adoption of the Tax <br /> Increment Financing Plan, the preparation of this Development <br /> Agreement, and the issuance of the Tax Increment Note; <br /> Note Payment Date means August 1, 1993, and each February 1 <br /> and August 1 of each year thereafter to and including February 1, <br /> 2005; provided, that if any such Note Payment Date should not be <br /> ( . <br /> 18499 <br /> 2 <br />
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