5.0. 6.0. 7.0. EDSR 07-12-1999 - Laserfiche WebLink

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FROM GRAY PLANT MOOTY MOOTY & BENNETT (#3) (FRI) 7. 9' 99 9:32/ST. 9:28/NO, 4261218754 P 10 "Tax Official"means any City or County assessor, County auditor, City, County or State board of equalization, the commissioner of revenue of the State, or any State or federal district court,the tax court of the State,or the State Supreme Court. "Term" means the period beginning on the date of this Agreement and ending on the termination date described in Article XI of this Agreement. "Unavoidable Delays"means delays which are the result of acts of God, adverse weather conditions, strikes, other labor troubles, delays in obtaining construction materials, machinery and/or equipment, fire or other casualty to the Minimum Improvements, litigation commenced by third parties which, by injunction or other similar judicial action, results in delays, or acts of any federal, state or local governmental unit (other than the Authority in enforcing its rights under this Agreement) which result in delays. Delays in obtaining financing and delays caused by general market conditions shall not constitute Unavoidable Delays. Upon the occurrence of an Unavoidable Delay,the party seeking to be excused as a result thereof shall be excused for the period of the delay if such party gives the other party written notice of the cause of the delay or interruption within thirty (30)days after its occurrence. ARTICLE II. Representations Section 2.1 Represent ations by the Authority. The Authority makes the following • representations as the basis for the undertaking on its part herein contained: (a) The Authority is au economic development authority organized and existing under the laws of Minnesota. Under the laws of the State, the Authority has thc power to enter into this Agreement and to perform its obligations hereunder. (b) The Project is a"Development District"and was created,adopted and approved in accordance with the laws of the State. (c) The Redevelopment Property is in a redevelopment "tax increment financing district",which was created, adopted, certified and approved pursuant to the Tax Increment Act. (d) The Authority will, at no cost to the Authority, cooperate with the Redeveloper with respect to any litigation commenced with respect to the Development Program, Project, or Initial Improvements. (e) The Authority has received no notice or communication from any local, state or federal official that the activities of the Redeveloper or the Authority in the Project Area may be or will be in violation of any environmental law or regulation or any other local, state or federal laws or regulations. The Authority is aware of no facts the existence of which would cause it to be in violation of any local, state or federal environmental law,regulation or review procedure. • -6-