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NEW BUSINESS - B III. AGREEMENT TO WORK WITH RAMSEY COUNTY SHERIFF'S DEPARTMENT; FUTURE TENANTS Both the TOWNSHIP and the CITY agree to work with the Ramsey County Sheriff's Department regarding the use of Heritage Hall as a police substation for the benefit of both parties. Should the Sheriff's Department cease their tenancy in Heritage Hall, the partiesshall consult andact ingood faith to jointly locate and reach agreement with a suitable replacement tenant or useby one of the parties. Revenue or budgetary credits from useagreements with the Sheriff's Department shall accrue to the CITY. IV. TERM OF AGREEMENT; ARBITRATION This Agreement shall .remain in full force and effect indefinitely following adoption. This Agreement may be terminated by mutual agreement without cost. If there is no other agreement between the parties at termination, the CITY shall purchase the lot on which Heritage Hall sits from the. TOWNSHIP at an appraised fair market. price. Any dispute about the market value of the lot shall be determined by an arbitrator selected by the parties. If one party alleges lack of performance by the other party, both parties agree that the issue will be settled through binding. arbitration. V. NOTICES Any and all notices and demands by or from the TOWNSHIP, or by or from the CITY, shall be in writing and shall be validly given or made if served either personally or if deposited in the United States mail, certified or registered, postage prepaid, return receipt requested. If such notice be served personally, service shall be conclusively deemed made at the time of such personal service. If such notice or demand be served by registered mail or certified mail in the manner herein provided, service shall be conclusively deemed made forty-eight (48) hours after the deposit thereof in the United States mail addressed to the party to whom such notice is to be given. 16