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Agenda - Economic Development Authority - 10/09/2025
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Agenda - Economic Development Authority - 10/09/2025
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11/6/2025 3:14:30 PM
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10/2/2025 3:46:22 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
10/09/2025
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ARTICLE VI <br />ADDITIONAL PROVISIONS <br />Section 6.1 Restrictions on Use. The Developer agrees for itself, its successors and <br />assigns and every successor in interest to the Development Property, or any part thereof, that <br />during the term of this Agreement the Developer and such successors and assigns shall operate, or <br />cause to be operated, the Project in accordance with, the uses specified in this Agreement. <br />Section 6.2 Conflicts of Interest. No member of the governing body or other official of <br />the City shall have any financial interest, direct or indirect, in this Agreement, the Development <br />Property or the Project, or any contract, agreement or other transaction contemplated to occur or <br />be undertaken thereunder or with respect thereto, nor shall any such member of the governing body <br />or other official participate in any decision relating to the Agreement which affects his or her <br />personal interests or the interests of any corporation, partnership or association in which he or she <br />is directly or indirectly interested. No member, official or employee of the City shall be personally <br />liable to the City in the event of any default or breach by the Developer or successor or on any <br />obligations under the terms of this Agreement. <br />Section 6.3 Titles of Articles and Sections. Any titles of the several parts, articles and <br />sections of the Agreement are inserted for convenience of reference only and shall be disregarded <br />in construing or interpreting any of its provisions. <br />Section 6.4 Notices and Demands. Except as otherwise expressly provided in this <br />Agreement, a notice, demand or other communication under this Agreement by any party to any <br />other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, <br />postage prepaid, return receipt requested, or delivered personally, and <br />(1) in the case of the Developer is addressed to or delivered personally to: <br />Zero Zone Refrigeration, LLC <br />110 N Oakridge Dr. <br />North Prairie, WI 53153 <br />(2) in the case of the City is addressed to or delivered personally to the City at: <br />City of Ramsey <br />7550 Sunwood Dr NW <br />Ramsey, MN 55303 <br />14 <br />176531970v1 <br />
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