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• <br /> ARTICLE I <br /> Definitions <br /> Section 1.1. Definitions. In this Agreement, unless a different meaning clearly appears <br /> from the context: <br /> "Act" means Minnesota Statutes. Sections 116J.991. <br /> "Agreement" means this Agreement, as the same may be from time to time modified, <br /> amended, or supplemented. <br /> "Authority" means the Economic Development Authority In and For the City of Elk River, <br /> or any successor or assign. <br /> "City" means the City of Elk River. <br /> "Contract" means the Contract for Private Redevelopment between the Authority and the <br /> Redeveloper dated as of , 1998. <br /> "Development Property" means the real property described as such in the Contract <br /> "Improvements" means the construction by the Redeveloper of an <br /> office\warehouse\trucking facility of at least 45,000 square feet pursuant to the Contract. <br /> "Permanent Full-Time Employment Position" means the employment of a person who is <br /> eligible to receive any health, pension or other benefits provided according to the personnel or <br /> employment policies of the his/her employer, or through a collective bargaining agreement with <br /> the Redeveloper or its tenants, and whose wages as the term is defined are based upon the <br /> employee working approximately thirty (30) hours a week. <br /> "Redeveloper" means, collectively, Morrell & Morrell, Inc., or their representatives, <br /> executors and assigns, or any future owners of the Development Property. <br /> "State" means the State of Minnesota. <br /> ARTICLE II <br /> Job and Wage Goals <br /> Section 2.1. Employment Requirements. The Redeveloper agrees that it will employ at <br /> least persons in Permanent Full-Time Employment Positions in the Improvements and <br /> that it will cause to be created by itself or its tenants with respect to the Development Property <br /> C-3 <br />