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CCP 08-18-1997
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CCP 08-18-1997
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<br /> e <br /> ARTICLE X <br /> Additional Provisions <br /> Section 10.1. Rt4'resentatives Not Tndividually Liable. No member, official, or employcc <br /> of the Authority shall be personally liable to the Redeveloper, or any successor in interest, in the <br /> event of any default or brcach or for any amount which may become due to the Redeveloper or <br /> successor or. on any obligations under the terms of the Agrcement. <br /> Section 10.2. Restrictions on Hse The Redeveloper agrees for itself, and its successors <br /> and assigns, and every successor in interest to the Redevelopment Property, or any part thereof, <br /> that the Redeveloper, and such successors and assigns, shall devote the Redevelopment Property <br /> to, and only to and in accordance 'with, the uses specified in this Agreement and shall use such <br /> property solely for the uses specified in this Agreement. <br /> Section 10.3. Provisions Not Merged With Deed. None of the provisions of this <br /> Agreement are intended to or shall be merged by reason of any deed transferring any interest in <br /> the Redevelopment Property and any such deed shall not be deemed to affect or impair the <br /> provisions and covenants of this Agrc=cnt and all such provisions shall run with the land and <br /> be binding upon and inure to the benefit of the parties hereto and their successors and assigns. <br /> Section 10.4. Titles of Articles and Sections. Any titlcs ofthc scveral parts, Articles, and . <br /> Sections of the Agreement are inserted for convenience of reference only and shall be <br /> disregarded in construing or interpreting any of its provisions. <br /> Scction 10.5. Notices and Demands. Exccpt as othelWise expressly provided in this <br /> Agreement, a notice, demand, or other communication under the Agreement by either party to <br /> the other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, - <br /> postage prepaid, retum receipt requested, or delivered personally; and - <br /> (a) in the case of the Redeveloper, is addressed to or delivered personally to the . - <br /> Redeveloper at ; and - <br /> (b) in the case of thc Authority, is addressed to or delivered personally to the - <br /> Authority at 1450 West Highway 96, Arden HiBs, Minnesota 55112, Attn: City Administrator; I <br /> or at such other address with respect to either such party as that party may, from time to time, <br /> designate in writing and forward to the otber as provided in this Section. . <br /> Section 10.6. Disclaimer of Relationships. The Redeveloper acknowledges that nothing <br /> containcd in this Agreement nor any act by the Authority or the Redeveloper shall be deemed or . <br /> construed by the Redeveloper or by any third person to create any relationship of third-party <br /> benenciary, principal and agent, limited or general partner, or joint venture between the -. <br /> Authority, the Redeveloper or any third party. <br /> 30 <br /> . <br /> 60/80'd 6to0~ 6(;6 G~9 '~'d '3~13a ~ ^3la~~ l:S:9~ ~66~-n-m~ <br />
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