CCP 07-21-1997 - Laserfiche WebLink

Home Browse Search

I I ARTICLE X .. Additional Provisions Section 10.1. Representatives Not Individually Liable. No member, official, or cmployee I of the Authority shall be personally liable to the Redeveloper, or any successor in intcrcst, in the evcnt of any default or breach or for any amount which may become due to the Redeveloper or successor or on any obligations under the terms of the Agreement. I Section IO.2. Restrictions on Use. The Redeveloper agrees for itself, and its successors I and assigns, and every succcssor in interest to the Redevelopment Property, or any part thereof, that the Redeveloper, and such successors and assigns, shall devote the Redevelopment Property to, and only to and in accordance with, the uses specified in this Agreement and shall use such I property solely for the uses specified in this Agreement. Section 10.3. Provisions Not Merged With Deed. None of the provisions of this I Agreement are intended to or shall be merged by reason of any deed transferring any interest in the Redevelopment Property and any such deed shall not be deemed to affect or impair the provisions and covenants of this Agreement and all such provisions shall run with the land and I be binding upon and inure to thc benefit of the parties hcreto and their successors and assigns. Section IOA. Titles of Articles and Sections. Any titles of the several parts, Articles, and .. Sections of the Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions. Section 10.5. Notices and Demands. Except as otherwise expressly provided in this I Agreement, a notice, demand, or other communication under the Agreement by either party to I the other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, postage prepaid, return receipt requested, or delivered personally; and (a) in the case of the Redeveloper, is addressed to or delivered personally to the I Redeveloper at ; and (b) in the case of the Authority, is addressed to or delivered personally to the I Authority at 1450 West Highway 96, Arden Hills, Minnesota 55112, Attn: City Administrator; or at such other address with respect to either such party as that party may, from time to time, I designate in writing and forward to the other as provided in this Section. Section 10.6. Disclaimer of Relationships. The Redeveloper acknowledges that nothing I contained in this Agreement nor any act by the Authority or the Redeveloper shall be deemed or I construed by the Redeveloper or by any third person to create any relationship of third-party beneficiary, principal and agent, limited or general partner, or joint venture between the Authority, the Redeveloper or any third party. .. 25 I