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CCP 04-08-2002
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CCP 04-08-2002
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<br />I:'a r 19 2002 I 2 34 PM <br /> <br />No 2730 P 14/20 <br /> <br />Section 9.4 Limitation 01) Redeveloper Remedies on Default. Whenever any Event . <br />of Default occurs by the City, the Redeveloper may suspend its performance under this <br />Agreement and/or take whatever action allaw or in equity may appear necessary or desirable to <br />the Redeveloper to enforce performance and observance of any obligation, agreement, or <br />covenant of the City under thIs Agreement. <br /> <br />Nothing in this Agreement shall entitle the Redeveloper to make any claim against the <br />City for any damages or other legal relief whatsoever or to seek or obtain any equitable remedy <br />including but not limited to specific performance or injunctive relief, and the Redeveloper's <br />remedies are strictly limited to the foregoing. <br /> <br />ARTICLE X <br /> <br />ADDITIONAL PROVISIONS <br /> <br />Section 10.1 Conflict of Interests; Authority Representatives Not Individuallv <br />Liable. No council member, board member, official, or employee of the City shall have any <br />personal interest, direct or indirect, in the Agreement, nor shall any such member, official or <br />employee participate in any decision relating to the Agreement which affects his or her personal <br />interests or the interests of any corporation, partnership, or association in which he is, directly or <br />indirectly, interested. No council member, board member, official, or employee oftbe City shall <br />be personally liable to the Redeveloper, or any successor in interest, in the event of any default <br />or breach by the City or for any amount which may become due to the Redeveloper or successor . <br />or on any obligations under the terms of the Agreement. <br /> <br />Section 10.2 Annrovals. Wherever in this Agreement the consent, satisfaction, or <br />approval of the Redeveloper or the City is required, necessary, or requested, such consent, <br />satisfaction, or approval shall not be unreasonably withheld or unduly delayed and will be <br />provided in writing unless the Agreement provides to the contrary. <br /> <br />Section 10.3 Notices and 'Demands. Except as otherwise 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 it if is dispatched by registered or certified mail, <br />postage prepaid, return receipt requested, or delivered personally: <br /> <br />As to the City: <br /> <br />City of New Brighton <br />803 Old Highway 8 NW <br />New Brighton, MN 55112-2792 <br />Attention: City Manager <br /> <br />with a copy to: <br /> <br />Krass Monroe, P.A. <br />Suite 1100 Southpoint Office Center <br />1650 West 82nd Street <br />Minneapolis, MN 55431-1447 <br />Attention: James R. Casserly, Esq. <br /> <br />. <br /> <br />11 <br />
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