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11/15/11 Special
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11/15/11 Special
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Last modified
7/18/2025 11:07:46 AM
Creation date
11/10/2011 4:55:41 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority - Special
Document Date
11/15/2011
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8. Miscellaneous. <br />8.1 Binding Effect. The Parking Easement and the Access Easement shall run <br />with title to the RPC Property, and this Agreement shall be binding upon and inure to the benefit <br />of the parties hereto, and their respective successors and assigns. <br />8.2 No Rights in Public, No Implied Easements. Nothing in this Agreement <br />may be construed as creating any rights in the general public or as dedicating for public use any <br />portion of any of the HRA Property, including without limitation the Existing Improvements, <br />Access Easement and the Parking Easement. <br />8.3 Remedies and Enforcement. In the event of a breach of any term of this <br />Agreement, the non -breaching party shall have the right to exercise any and all remedies <br />afforded under law and at equity. <br />8.4 Amendment. Except as described in Sections 2 and 3, this Agreement may <br />be modified or amended, in whole or in part, only by the written consent of the parties hereto, <br />evidenced by a document that has been fully executed and acknowledged by the duly authorized <br />representatives of each party hereto. <br />8.5 No Waiver. No waiver of any default of any obligation by any party hereto <br />shall be implied from any omission by the other party to take any action with respect to such <br />default. <br />8.6 Severability. If any covenant, condition, provision, or term of this <br />Agreement is, to any extent, held invalid or unenforceable, the remaining portion thereof and all <br />other covenants, conditions, provisions, terms of this Agreement, will not be affected by such <br />holding, and will remain valid and in force to the fullest extent permitted by law. <br />8.7 Entire Agreement. This Agreement contains the complete understanding <br />and agreement of the parties hereto with respect to all matters referred to herein, and all prior <br />representations, negotiations, and understandings are merged into and superseded by this <br />Agreement. <br />8.8 Governing Law. The laws of the State of Minnesota shall govern the <br />interpretation, validity, performance, and enforcement of this Agreement. <br />8.9 Authority. The parties and each individual signing this Agreement on <br />behalf of the parties, represent and warrant that they are duly authorized to sign on behalf of and <br />to bind such party and that this Agreement is a duly authorized, binding and enforceable <br />obligation of such party. <br />8.10 Recordin. Either party may record this Agreement at its sole cost and <br />expense. <br />8.11 Counterpart. Each party may execute a separate copy of this Agreement. <br />This Agreement will be enforceable when each party has executed and acknowledged a copy of <br />5 <br />4012615v9 <br />
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