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CCP 04-08-2002
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CCP 04-08-2002
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<br />. <br /> <br />. <br /> <br />. <br /> <br />I/a 119 2 OJ 2 i 2 32PM <br /> <br />No,2730 P 5/20 <br /> <br />ARTICLE I <br /> <br />DEFINITIONS, EXHIBITS AND RULES OF INTERPRETATION <br /> <br />Section 1.1 Definitions. In this Agreement, unless a different meaning clearly appears <br />from the context: <br /> <br />"Act" means Minnesota Statutes Chapter 469. <br /> <br />"Agreement" means this Agreement, as the same may be from time to time modified, <br />amended, or supplemented. <br /> <br />. "City" means the City of New Brighton, Minnesota. <br /> <br />"Concept Plans" means the plans, drawings and narrative descriptions for the <br />improvements. <br /> <br />"County" means the County of Ramsey. <br /> <br />"Event of Default" means an action or failure to act by the parties listed in Section 9. I of <br />this Agreement. <br /> <br />"Minimum Redevelopment Property" means that portion of the Redevelopment Property <br />known as the Mengelkoch Property and the Mid-West Asphalt Property as shown on the attached <br />Exhibit A. <br /> <br />"Ryan" means Ryan Companies .uS, Inc. and its permitted successors and assigns. <br /> <br />"Redeveloper" means Ryan Companies US, Inc. and its permitted successors and assigns. <br /> <br />"Redevelopment Property" or "Property" means the real property described and shown <br />on attached Exhibit A. <br /> <br />"State" means the State of Minnesota. <br /> <br />"Unavoidable Delays" means any delay which is beyond the reasonable control of the <br />party claiming its occurrence, including without limitation those delays which are the direct <br />result of strikes, other labor troubles, labor shortages, unavailability or delay in receiving <br />materials, unusually severe or prolonged bad weather, Acts of God, fire or other casualty, <br />litigation commenced by third parties which, by injunction or other similar judicial action, <br />directly results in delays, or acts of any federal, state or local governmental unit which directly <br />result in delays. <br /> <br />Section 1.2 Exhibits. Exhibit A (Redevelopment Property Description/Site Plan) and <br />Exhibit B (Schedule of City Work) are attached to and made a part of this Agreement. <br /> <br />2 <br />
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