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10-25-01 6. DEVELOPMENT AGREEMENT
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2040 Wayzata Boulevard West - 34-118-23-21-0036 - (Orono HRA)
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2040 Wayzata Blvd Land Use - Dunbar
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Dunbar Sr. Hsg. - Finance Doc's - Mike Gaffron File Cabinet 1
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10-25-01 6. DEVELOPMENT AGREEMENT
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Last modified
8/22/2023 4:55:34 PM
Creation date
10/4/2021 10:21:27 AM
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x Address Old
House Number
2040
Street Name
Wayzata
Street Type
Boulevard
Street Direction
West
Address
2040 Wayzata Boulevard West
Document Type
Land Use
PIN
3411823210036
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(b) In order to facilitate the obtaining of financing for the acquisition and <br /> construction of the Development, the City agrees that it shall agree to any reasonable <br /> modification of this Article V or waiver of its rights hereunder to accommodate the interests <br /> of the Holder of the Mortgage, provided, however, that the City determines, in its reasonable <br /> judgment, that any such modification(s) will adequately protect the legitimate interests and <br /> security of the HRA and the City with respect to the Development. <br /> [The balance of this page intentionally left blank.] <br /> 16 <br />
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