Laserfiche WebLink
execute the Assignment Agreement and any Loan Documents to which the Authority is a party on <br />behalf of the Authority and to carry out, on behalf of the Authority, the Authority's obligations <br />thereunder. <br />(b) The approval hereby given to the Loan Documents includes approval of such <br />additional details therein as may be necessary and appropriate and such modifications thereof, <br />deletions therefrom and additions thereto as may be necessary and appropriate and approved by <br />legal counsel to the Authority and by the President and Executive Director prior to executing said <br />documents; and said officers are hereby authorized to approve said changes on behalf of the <br />Authority. The execution of any instrument by the President and Executive Director shall be <br />conclusive evidence of the approval of such document in accordance with the terms hereof. In the <br />event of absence or disability of said officers, any of the documents authorized by this Resolution to <br />be executed may be executed without further act or authorization of the Board by any duly <br />designated acting official, or by such other officer or officers of the Board as, in the opinion of the <br />City Attorney, may act in their behalf. <br />Approved by the Board of Commissioners of the Economic Development Authority of the <br />City of Elk River, Minnesota this 17th day of October, 2022. <br />President <br />ATTEST. <br />i <br />,��a 'A <br />Executive Director <br />