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• 2. An executed copy of this Agreement shall be filed in the office of the Sherburne <br /> County Auditor, as required by Minnesota Statutes, Section 469.178, Subdivision 2. <br /> 3. This Agreement shall become effective upon the actual issuance and delivery of the <br /> Bonds. <br /> IN WITNESS WHEREOF, the City and the EDA have caused this Agreement to be duly <br /> approved and executed as of the day and year first above written. <br /> CITY OF ELK RIVER, MINNESOTA <br /> By <br /> Its Mayor <br /> By <br /> Its City Administrator <br /> ELK RIVER ECONOMIC DEVELOPMENT <br /> AUTHORITY <br /> • By <br /> Its President <br /> By <br /> Its Secretary <br /> • <br /> 1218143.1 2 <br />