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<br /> 7.02. Bindinl!' Effect This Agreement shall inure to the benefit of and shall be binding <br /> . upon the City and the Parmership and their respective successors and assigns. <br /> 7.03. Severability. In the event any provision of this Agreement shall be held invalid or <br /> unenforceable by any court of competCllt jurisdiction. such holding shall not invalidate or render <br /> unenforceable any other provision hereof. <br /> 7.04. Amendments. Chanl!'es and Modificarion~. 111is Agreement may be amended or any <br /> of its terms modified only by written amendment authorized and execured by the City and the <br /> Parmership. except as otherwise specifically provided hemn as to Exhibit D hereto. <br /> 7.05. FUrTher A~surances and r.~ve Instt'Uments. The City and the Partnership agree <br /> that they will. from time to time. execute, acknowledge and deliver. or cause to be executed. <br /> acknowledged and delivered. such supplements hereto and such funher instruments as may <br /> reasonably be required for correcting any inadequate or incorrect description of the Property or the <br /> Public Development Activities or for carrying out the expressed intention of this Agreement <br /> 7.06. Execution Connternans. This Agreement may be simultaneously executed in several ;. <br /> couoletpans. each of which shall be an original and all of which shall constitute but one and the <br /> same instrument <br /> 7.07. Annlicable Law. This Agreement shall be governed by and constt'Ued in accordance <br /> with the laws of the State of Minnesota. <br /> 7.08. C:~tions. The captions or headings in this Agreement are for convenience only and <br /> in no way define. limit or describe the scope of intent of any provisions or Sections of this <br /> Agreement. <br /> . IN WITNESS WHEREOF. the parties hereto have caused this Agreement to be execured as <br /> of the date first above written. <br /> CITY OF ARDEN HILLS. MINNESOTA <br /> (SEAL) By <br /> Mayor <br /> Attest: <br /> City Adminisrrator <br /> COTIAGE VllLAS OF ARDEN HILLS <br /> LIMITED PARTNERSHIP <br /> By CILE CO. <br /> Its general parmer <br /> By <br /> Its <br /> . -12- <br /> . <br />