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• 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 /> B ]k1!..L A ' ' ►.al��.Vr► <br /> Its Ma or <br /> By <br /> Its,City Administrator <br /> ELK RIVER ECONOMIC DEVELOPMENT <br /> AUTHO Y <br /> By CAj•-• —•\ <br /> Its President <br /> I' A <br /> By.. <br /> It- Secrt,ry <br /> • <br /> 1217682.1 <br />