Recital No Sample Clauses

Recital No. Subject to the terms of this Agreement, the City is willing to allow the Landowner Improvements to be placed within the City Easement if the following conditions are met:
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Recital No. 6 RECITAL NO. 7
Recital No. 1. HEDRA was created pursuant to Minn. Stat. §§469.090 to 469.1082, and was authorized to transact business and exercise its powers by a resolution of the City Council of the City of Hastings (“City”).
Recital No. 5. HEDRA believes that the sale and development of the Property pursuant to this Agreement and the fulfillment generally of this Agreement are in the vital and best interests of the City and the health, safety, and welfare of its residents.
Recital No. HEDRA is the owner of certain vacant real property located in Hastings, Dakota County, Minnesota, legally described on Exhibit A (the “Property”).
Recital No. 4. Developer desires to purchase the Property from HEDRA.
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Recital No. 2. The Developer will construct, own, operate, maintain and manage the Improvements on the Subject Land.
Recital No. 3. By this Agreement the parties seek to:
Recital No. 1: Seller and Purchaser have entered into a certain Real Estate Purchase and Sale Agreement (“Purchase and Sale Agreement”) concerning real property located in Holmes, Jackson, Wxxxxx and Washington Counties, State of Florida; and Geneva County, Alabama, pursuant to that Purchase and Sale Agreement dated March 18, 2005. Recital No. 2: Seller and Purchaser have requested Sxxxxxx Title Guaranty Company to receive funds to be held in escrow and applied in accordance with the terms and conditions of this Escrow Agreement.
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