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Agenda - Council - 04/22/2025
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Agenda - Council - 04/22/2025
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4/21/2025 3:41:34 PM
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4/21/2025 10:38:46 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/22/2025
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in such other manner as the party being notified shall have requested by written notice to the other <br />party): <br />If to Governmental Entity: <br />City of Ramsey, Minnesota <br />Ramsey Municipal Center <br />7550 Sun wood Drive <br />Ramsey, MN 55303 <br />Attention: City Administrator <br />If to Lender: <br />Lument Real Estate Capital, LLC <br />2001 Ross Avenue, Suite 1900 <br />Dallas, Texas 75201 <br />Email: LumentLoanAdmin@lument.com <br />If to Borrower: <br />Residence at the COR Apartments LLC <br />9757 NE Juanita Drive, Suite 300 <br />Kirkland, Washington 98034 <br />Attention: Ben Katon <br />12. Further Instruments. Each of the parties hereto will, whenever and as often as they <br />shall be requested to do so by the other, execute, acknowledge and deliver, or cause to be executed, <br />acknowledged or delivered, any and all such further instruments and documents as may be <br />reasonably necessary to carry out the intent and purpose of this Agreement, and to do any and all <br />further acts reasonably necessary to carry out the intent and purpose of this Agreement. <br />13. Valid Authorization. Each person executing this Agreement on behalf of a party <br />hereto represents and warrants that such person is duly and validly authorized to do so on behalf <br />of such party with full right and authority to execute this Agreement and to bind such party with <br />respect to all of its obligations hereunder. <br />14. Counterparts. This Agreement may be executed in counterparts each of which shall <br />be deemed an original and all of which when taken together constitute one and the same <br />instrument, binding on all of the parties. The signature of any party to any counterpart shall be <br />deemed a signature to, and may be appended to, any other counterpart. <br />[The Parties Signatures Follow on Separate Pages] <br />NG-58S8J20W #4922-7387-4484 v3 4 <br />
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