Purpose and Term. 1.1 The Parties agree to mutually carry out the actions necessary to fulfill the terms of this JPA to establish the Property as a multi-use park, known as Oak-Land Neighborhood Park and jointly used by Lake Elmo and the District as provided herein. 1.2 This JPA shall remain in place until terminated in accordance with the terms herein or as mutually agreed upon in writing by the Parties. 1.3 To the fullest extent permitted by law, the Parties intend to enter into this Agreement and operate under Minnesota Statutes, Section 471.59, authorizing the combination of powers of two or more governmental units. Unless amended in writing by the Parties, this JPA does not form a board within the meaning of Section 471.59 subd. 2.
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Sources: Joint Powers Agreement, Joint Powers Agreement