2. SR 05-14-2007 - Laserfiche WebLink

Home Browse Search

Section 4.02. Certain Defined Terms. Unless the context hereof clearly requires otherwise, capitalized terms used in this Ground Lease and defined in the Lease are used herein with the same meanings as set forth in the Lease. Section 403. Severabllitv. ill the event any provision of this Ground Lease shall be held invalid or unenforceable by any court or competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof. Section 4.04. Amendments. Chan"es. and Modifications. This Ground Lease may be amended or any of its terms modified only by written amendment authorized and executed by the City and the Authority. Section 4.05. Further Assurances and Corrective illstruments. The Authority and the City agree that they will, if necessary, execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, such supplements hereto and such further instruments as may reasonably be required for correcting any inadequate or incorrect description of the Site and the Facilities or for carrying out the expressed intention of this Ground Lease. Section 4.06. ExeCUTIon ill Countemarts. This Ground Lease may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. Section 4.07. Aoohcable Law. This Lease shall be governed by and construed in accordance with the laws of the State of Minnesota Section 4.08. Authorized Officers. Whenever under the provisions of this Ground Lease the approval of the Authority or the City is required, or the Authority or the City is required to take some action at the request of the other, such approval of such request shall be given for the Authority or for the City by an Authorized Authority Representative or Authorized City Representative, as the case may be, any party hereto shall be authorized to rely upon any such approval or request. The term "Authorized Authority Representative" means the Executive Director of the Authority or such other person at any time designated to act on behalf of the Authority by written certificate furnished to the City, containing the specimen signature of such person and signed on behalf of the Authority by the Executive Director; and the term "Authorized City Representative" means the City Administrator of the City or such other person at any time designated to act on behalf of the City by written certificate furnished to the Authority, containing the specimen signature of such person and signed on behalf of the City by the City Administrator. ill each case, such certificate may designate an alternate or alternates. Section 4.09. Caotions. The captions or headings in this Ground Lease are for convenience only and in no way define, limit or describe the scope or intent of any provisions or Sections of this Ground Lease. Section 4.10. Notices. All notices, certificates, requests or other communications hereunder shall be sufficiently given and shall be deemed given when delivered personally or mailed by first class mail or mailed by certified or registered mail, return receipt requested, postage prepaid, addressed to the City or Authority (as the case may be) as follows City of Elk River/Elk River EDA 13065 Orono Parkway Elk River, Minnesota 55330 4