7.3. HRSR 08-03-2020 - Laserfiche WebLink

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RELEASE 420 Main Street NW, Elk River, Minnesota We, the undersigned are the former owners of the property located at 420 Main Street NW in the City of Elk River, Minnesota (the "Property"). We entered into a purchase agreement with the Housing and Redevelopment Authority of the City of Elk River (the "HRA") on August 5, 2019 to sell the Property to the HRA. The HRA is now the owner of the Property. The HRA agreed in the Purchase Agreement as part of its purchase of the Property that we could remove the stained-glass window from the building on the Property. Removal was to be completed after the closing on the Property prior to demolition. The stained-glass window was subsequently stolen from the Property. In consideration for releasing any claims that we may have against the HRA or the City of Elk River relating to the Property or the stained-glass window, the HRA has agreed to pay us $526.00. We hereby acknowledge receipt of this payment from the HRA. In exchange for this payment, we hereby fully and completely release, acquit, and forever discharge the HRA and the City of Elk River from any and all liability for any and all damages, actions, or claims, regardless of whether they are known or unknown, direct or indirect, asserted or unasserted, that are related to the stained glass window on the Property or the Property. This release is binding on all of our heirs, successors, and assigns. 1-2 am