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6.1. & 6.2. SR 03-08-1999
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6.1. & 6.2. SR 03-08-1999
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1/21/2008 8:34:12 AM
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SR
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3/8/1999
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<br />,v <br /> <br />contingencies would stig give to the purchaser ~e r~ght to resc=i:!!~!. the <br />. p~rcha~e ag:e, ement,:, T,_ h"i~-S, <l,l11A..le.a.:,y.~fu_ HQh, t~1l~...iI},.i':,_,E~"!~~I_R!:~ar.t9~.~..,.. <br />s~tua~;-o~h_j;.h~_:j..r~.YJ.:~~.Q.L~.x~.!l~~!!:W~ and no assurance that <br />~ppropr~a~e Governmental agencies would authorize ~opening or-the then <br />closed park. ----- <br />-.-............-- <br /> <br />An "addition.~~ ~j~<::onsideration' is the"burdeE the purchase a8, reement ~mpos.e,~f;- <br />on the HohIens to iocate the park and ride site to the West side of United <br />States Highway No. 169. Hohlens have no control over thi~ite. It is the <br />p::~perty ?f the Minnesota Department onransportation:- -. ,,~ " ' - <br /> <br />If the concerns of the Hohlens could be satisfied by moditi.c.~n in the <br />-pr;posed purchase agreement, they woYi4_~1llJJ:coinsider-p~oc~edi~with the <br />sale of the property. However, they are under' no need at this time to ,proceed <br />with the sale under conditions they believe, not to be in their best [nte?'est': <br />~ - ", ..>.llt.........t:.J;,......:;,.'"''''.'''..,\;.',.(.''"'..,,,,,.;--.;.~2!~ih:;."~i">""'('>Xt~';J;.""~~;.1!'i''':~~'''''''''''''''' <br /> <br />The Hohlens .~q~~ that the Associated Developers of the Twin Cities. <br />Inc. has in~.t;st;~~LcQ~ll~~!e time ~ money in, testing ~ other si te <br />preparations ~ evaluations. In the.~~e~ that the part~es are ~nable to <br />reach an agreement in this matter, theH~lens ~ould neverthp]~~~~~e.~.~lti~ <br />to as~t the Associated Developers of the Twin Cities, Inc. in recou in ' <br />part or al~ of their investment expenses from4~~ale to~~me ot er ~l~~l~ <br />buyer, insofar" ~~ it may be consis.t.ent with ~c..~.. f~t.Y.t.e ~$X~~,~.n.~' <br /> <br />I would want you to know that as the Hohlen's lawyer, I remain wi~l~n$ to <br />meet at any time with you or any of the representatives or the purchaser to <br />. reso~ the issues that are ~barriers to the culmination of an agreement <br />between our respective c1ients. ' <br /> <br /> <br />. <br /> <br /> <br />trul~ ~ <br /> <br />Gibbon <br /> <br />JEM/bv . <br /> <br />" <br /> <br />. <br />
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