5.1. SR 10-17-2005 - Laserfiche WebLink

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ARTICLE X ADDITIONAL PROVISIONS Section 10.1 Conflicts of Interest. No member ofthe City Councilor other official of the City shall have any financial interest, direct or indirect, in this Agreement, the Development Property or the Minimum Improvements, or any contract, agreement or other transaction contemplated to occur or be undertaken thereunder or with respect thereto, nor shall any such member of the governing body or other official participate in any decision relating to the Agreement which affects his or her personal interests or the interests of any corporation, partnership or association in which he or she is directly or indirectly interested. No member, official or employee of the City shall be personally liable to the City in the event of any default or breach by Developer or successor or on any obligations under the terms of this Agreement. Section 10.2 Titles of Articles and Sections. Any titles of the several parts, articles and Sections of the Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions. Section 10.3 Notices and Demands. Except as otherwise expressly provided in this Agreement, a notice, demand or other communication under this Agreement by any party to any other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, postage prepaid, return receipt requested, or delivered personally, and I 824344vRED V2 to VI; 10/12/05 49 (a) in the case of Developer, is addressed to or delivered personally to Developer at in the case of the Developer is addressed to or delivered personally to: MetroPlains Development, LLC 1600 University Avenue, Suite 212 St. Paul, MN 55104-3825 Attn: President (b) in the case of the City is addressed to or delivered personally to the City at: City of Elk River, Minnesota Elk River City Hall 13065 Orono Parkway Elk River, MN 55330-5600 Attn: Administrator or at such other address with respect to any such party as that party may, from time to time, designate in writing and forward to the other, as provided in this Section. Section 10.4 Counteroarts. This Agreement may be executed III any number of counterparts, each of which shall constitute one and the same instrument. Section 10.5 Law Governin!!. This Agreement will be governed and construed in accordance with the laws of the State of Minnesota.