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WHEREAS, Grantee is renter at a certain Property located at 4016 Central Ave NE in the
City of Columbia Heights (the "City"), Anoka County, Minnesota, and legally described in
Exhibit A hereto (the "Property");
WHEREAS, the EDA, in cooperation with the City and its police department, has
existing store fronts, increasing business vitality and economic performance, and decreasing
criminal activity;
WHEREAS, Grantee desires to participate in the Program, k terms and conditioisetforthbelow.
O in consideration of the premises and of the agreements hereinafter
contained, the parties agree as follows:
1. Prorsay lm2r—ovements: Grantee agrees to complete the improvements at the
Property that are identified on Exhibit B attached hereto (the "Improvements"),
subject to the following terms and conditions:
a. If requested by the EDA, Grantee shall provide plans and specifications to the
EDA, detailing the Improvements to be constructed (the "Plans"). If Grantee
wishes to revise the Plans, Grantee must submit the revised Plans to the EDA
at the address provided herein. The EDA shall give written notice of its
approval or disapproval ofthe revisions to the Plans, and if the EDA does not
give such written approval or disapproval within ten (10) business days after
receipt of Grantee's revised Plans, the EDA shall be deemed to have approved
the revisions to the Plans.
b. The Improvement shall 4e constructed consistently with the Plans, as the sarr,
may be revised pursuant to Section I (a) herein. The cost to complete I
c. Grantee agrees to commence the Improvements within sixty (60) days
following the Effective Date, and to complete the Improvements within six (6)
months following the issuance ofall necessary building permits, but in no
event later than eight (8) months following the Effective Date.
2. Payment of Grant Funds: Grantee shall be responsible for making initial payment to
all contractors involved in the construction of the Improvements. Upon final
completion ofthe Improvements, Grantee shall make a written request to the EDA for
reimbursement ofone-half (1/2) of the actual Improvement Costs incurred by
Grantee, but in no event shall the reimbursement exceed Five Thousand Dollars
5,000.00). The written request shall include:
Following Grantee's written request for reimbursement, Grantee shall cooperate with
the EDA in delivering to the EDA such follow-up information as is reasonably
requested by the EDA in order to review the Improvements and Improvement Costs
reimbursement request. Within twenty-one (2I) days following receipt of'Grantee's
written request for reimbursement of Improvement Costs, the EDA shall: (i) make
payment ofthe reimbursement (ii) send Grantee written explanation of such other
items of information as are needed by the EDA to evaluate the reimbursement
request, or (iii) send Grantee written explanation of the FDA's reasons for denial of
repayment of any of Grantee's requested reimbursement.
3. Liability for ImRrovements: Neither the City nor the EDA shall in any event be liable
to the Grantee, nor to any of its agents, employees, guests or invitees at the Property
for, and the Grantee shall indemnify, save, defend, and hold harmless the City and the
EDA from, any claims or causes of action, including attorney's fees incurred by the
City or the EDA, arising from defect or claimed defect of any of the Improvements,
Columbia Heights EDA Rapid Graphics & Mailing, Inc.
Community Development Department Attn: Warren Kaspner
590 40th Avenue N.E. 4016 Central Ave NE
Columbia Heights, MN 55421 Columbia Heights, MN 55421
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