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Agenda - Economic Development Authority - 08/08/2019
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Agenda - Economic Development Authority - 08/08/2019
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3/17/2025 2:21:51 PM
Creation date
8/7/2019 3:25:33 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
08/08/2019
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penalty has been certified to Anoka County under Paragraph 3 Upon request, <br />Seller shall execute a termination of this Agreement in recordable form and deliver <br />it to Buyer. <br />6. Buyer's obligation to obtain a certificate of occupancy by December 31, 2020, and <br />Seller's right to pursue its remedies under Paragraphs 3 and 4, shall be extended in <br />the event of any failure or delay caused by or resulting from acts beyond Buyer's <br />control, including, without limitation: acts of God; flood, fire, earthquake, tornado <br />or explosion; war, invasion, hostilities (whether war is declared or not), terroristic <br />threats or acts, riot, or other civil unrest; government order or law; actions, <br />embargoes, or blockades; action by any governmental authority; and strikes or <br />labor stoppages or slowdowns. If a force majeure event listed above occurs and <br />results in a failure or delay, Buyer shall give notice to Seller within 60 days, <br />stating the period of time that the occurrence is expected to continue and shall use <br />diligent efforts to end the failure or delay and ensure that the effects of such force <br />majeure event are minimized <br />7. This document constitutes the entire Right of Re-entry Agreement between the <br />parties. Any modifications or amendments to this Agreement must be in writing <br />and signed by both parties. <br />Deleted: 4 <br />
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