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4.5. SR 03-18-2019
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4.5. SR 03-18-2019
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3/15/2019 8:59:17 AM
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23. Assignment. The Operator shall not assign this agreement, or its rights, title or interest <br /> herein without the express prior written consent of the City. <br /> 24. Termination. The City shall have the right to terminate this agreement if: <br /> a. Operator is adjudged bankrupt or makes an assignment for the benefit of creditors; or <br /> b. A receiver or liquidator is appointed for Operator or for any of its property and is not <br /> dismissed within twenty (20) days after such appointment or the proceeding in <br /> connection therewith are not stayed on appeal within twenty (20) days; or Operator is <br /> guilty of a substantial violation of any provision in this contract. <br /> [Remainder of Page Intentionally Left Blank.] <br /> CITY OF ELK RIVER <br /> By: <br /> John J. Dietz, Mayor <br /> By: <br /> Tina Allard, City Clerk <br /> STATE OF MINNESOTA ) <br /> )ss. <br /> COUNTY OF SHERBURNE ) <br /> The foregoing instrument was acknowledged before me this day of <br /> 2019 by John J. Dietz and Tina Allard, respectively the Mayor and City Clerk of the City of Elle River, a <br /> Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by <br /> its City Council. <br /> Notary Public <br /> ELK RIVER COUNTRY CLUB, INC. <br /> d/b/a Elk River Golf Club <br /> By: <br /> Name: <br /> Title: <br /> 6 <br />
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