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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 /> I /VII <br /> Its May• <br /> By ?Ifi.C2„Q____ <br /> ItsrCity Administrator <br /> kc�►'r� <br /> ELK RIVER ECONOMIC D VELOPMENT <br /> AUTTY <br /> • Byad463/\ <br /> Its President <br /> ) I <br /> Its S•cretar • • <br /> • <br /> 1218143.1 2 <br />