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County means Sherburne County, Minnesota; <br /> Developer means Scott Morrell, LLC, a Minnesota limited liability company, its <br /> successors and assigns; <br /> Event of Default means any of the events described in Section 4.1; <br /> Project means the construction of an approximate 13,824 square foot manufacturing <br /> facility to be located within the 2nd phase of the City's Nature's Edge Business Center located in <br /> the City; <br /> Morrell Oversize, Inc. means Morrell Oversize, Inc., a Minnesota corporation, its <br /> successors and assigns; <br /> State means the State of Minnesota; <br /> Tax Abatement Act means Minnesota Statutes, Sections 469.1812 through 469.1815; <br /> Tax Abatement Program means the actions by the City pursuant to Minnesota Statutes, <br /> Section 469.1812 through 469.1815, as amended, and undertaken in support of the Project; <br /> Tax Abatement Property means all and any portion of the real property currently <br /> identified as Lot 1, Block 2, Natures Edge Business Center, Parcel ID # 75-820-0205, located in <br /> the City; <br /> Tax Abatements means the City's share of annual real estate taxes on the Tax Abatement <br /> Property, abated in accordance with the Tax Abatement Program. <br /> 464427v2 JSB EL185-33 <br />