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CC_Minutes_2010_1108
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12/14/2010 2:04:27 PM
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Roseville City Council
Document Type
Council Minutes
Meeting Date
11/8/2010
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ARTICLE V <br /> ADDITIONAL PROVISIONS <br /> Section 5.1. Restrictions on Use. Until termination of this Agreement, the Developer <br /> agrees for itself, its successors and assigns and every successor in interest to the Development <br /> Property, or any part thereof, that the Developer and such successors and assigns shall operate, or <br /> cause to be operated, the Project as a housing project and shall devote the Development Property <br /> to, and in accordance with, the uses specified in this Agreement. <br /> Section 5.2. Conflicts of Interest. No member of the governing body or other official <br /> of the City shall have any financial interest, direct or indirect, in this Agreement, the <br /> Development Property or the Project, or any contract, agreement or other transaction <br /> contemplated to occur or be undertaken thereunder or with respect thereto, nor shall any such <br /> member of the governing body or other official participate in any decision relating to the <br /> Agreement which affects his or her personal interests or the interests of any corporation, <br /> partnership or association in which he or she is directly or indirectly interested. No member, <br /> official or employee of the City shall be personally liable to the City in the event of any default <br /> or breach by the Developer or successor or on any obligations under the terms of this Agreement. <br /> Section 5.3. Titles of Articles and Sections. Any titles of the several 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 /> Section 5.4. Notices and Demands. Except as otherwise expressly provided in this <br /> Agreement, a notice, demand or other communication under this Agreement by any party to any <br /> other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, <br /> postage prepaid, return receipt requested, or delivered personally, and <br /> (1) in the case of the Developer is addressed to or delivered personally to: <br /> United Properties Residential LLC <br /> 3500 American Boulevard West, #200 <br /> Bloomington, MN 55431 <br /> Attn: Alex Hall and Brian Carey <br /> (2) in the case of the City is addressed to or delivered personally to the City <br /> at: <br /> City of Roseville, Minnesota <br /> Roseville City Hall <br /> 2680 Civic Center Drive <br /> Roseville, MN 55113 -1815 <br /> or at such other address with respect to any such party as that party may, from time to time, <br /> designate in writing and forward to the other, as provided in this Section. <br /> 11 <br /> 275345206 <br />
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