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41. <br /> <br />42. <br /> <br />EXCHANGE. The CITY and GM Agree, at GM'S request, that it is the intent of <br />GM hat this transaction qualify as an exchange under Section 1031 of the Internal <br />Revenue Code. <br /> <br />SURVIVAL OF TERMS. The parties' obligations under this Agreement and the <br />representations and warranties that the parties have recited in this Agreement shall <br />be tree now and on the Date of Closing and shall survive the delivery of deeds <br />and the closing contemplated herein. <br /> <br />CITY OF RAMSEY, <br />a Minnesota Municipal Corporation <br /> <br />GM LAND COMPANY, INC. <br />a Minnesota Corporation <br /> <br />By: <br /> <br />Thomas G. Gamec, Its Mayor <br /> <br />By; <br /> <br />Its. <br /> <br />ATTEST: <br /> <br />James E. Norman, City Administrator <br /> <br />DATE OF FINAL ACCEPTANCE: <br /> <br />'254- <br /> <br />13 <br /> <br /> <br />