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2014-09-30_HRA_Agenda_Packet
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2014-09-30_HRA_Agenda_Packet
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10/1/2014 8:29:46 AM
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Commission/Committee
Commission/Authority Name
Housing Redevelopment Authority
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
9/30/2014
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Attachment A <br />. The Property and the Improvements to be constructed thereon according <br />Development <br />to the Construction Plans approved by the Authority. <br />. Event of Default has the meaning given such term in Section 8.1. <br />Event of Default <br />. The Roseville Lot/Sale Replacement Program Overview, approved May 21, <br />Guidelines <br />2013 and as it may be amended, attached as Exhibit B. <br />. Each and all of the structures and site improvements constructed on the <br /> Improvements <br />Property by the Buyer, as specified in the Construction Plans to be approved by the Authority. <br />. The Letter of Credit or cash escrow required to be provided by the <br />Letter of Credit <br />Buyer at closing on the Property, pursuant to Section 5.1. <br />. $400,000, which is the minimum market value for the <br />Minimum Market Value <br />Property and Improvements as confirmed by the Ramsey County Assessor. <br />. The real property legally described as: <br />Property <br />NW ¼ of SE ¼ of Section 15, Town 29, Range 23 <br /> <br />having a street address of: <br /> <br />1840 Hamline Avenue, Roseville, MN 55113 <br /> <br /> <br /> <br /> . Delays which are the direct result of strikes, labor troubles, fire or <br />Unavoidable Delays <br />other casualty to the Improvements, litigation commenced by third parties which results in delays <br />or acts of any federal, state or local government, except those contemplated by this Agreement, <br />which are beyond the control of the Buyer. <br />. The following Exhibits are attached to and by reference made a <br />Section 1.2. Exhibits <br />part of this Agreement: <br /> A. Form of Certificate of Completion <br /> B. Guidelines <br /> C. Form of Quit Claim Deed <br />D. Well Disclosure <br />This Agreement shall be interpreted in accordance with <br />Section 1.3. Rules of Interpretation. <br />and governed by the laws of the State of Minnesota. <br />441549v2 MNI RS275-1 <br />2 <br /> <br />
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