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satisfied by providing the CITY with a certified copy of minutes of the corporate Board of <br />Directors granting such authority. <br />22. Recording of This Agreement, The DEVELOPER. shall record this Agreement in the <br />office of the Anoka County Recorder and agrees that the terms and provisions of this <br />Agreement shall run with the land and shall bind the DEVELOPER, its successor and <br />assigns. <br />23. Violation of This Agreement. If the DEVELOPER fails to perform any of the terms of this <br />Agreement in the manner required. by the CITY, the CITY shall be entitled to recover, from <br />the. DEVELOPER or the issuer of DEVELOPER'S financial guarantee, the full amount of <br />any and all financial guarantees. Breach of any of the terms of this Development Agreement <br />by the DEVELOPER shall also be grounds for denial of Building Permits for buildings in <br />the Plat. <br />24. Removal of Structures. The DEVELOPER is responsible for removing all structures on <br />Outlot A of the Plat upon sale of property. <br />25, Agreement Binding On Successors and Assigns. The DEVELOPER agrees that this <br />Development Agreement shall be binding upon its successors and assigns. <br />IN WITNESS THEREOF,the parties have hereunto set their hands and seals, this <br />the day of , 2008, <br />JEANNIE MICHELS <br />STATE OF MINNESOTA ) <br />)ss. <br />COUNTY OF ANOKA ) <br />The foregoing was acknowledged before me this — day of , 2008, by Jeannie <br />Michels, a single person, <br />Notary Public <br />Ebony Woods <br />Development Agreement <br />June 2008 <br />—310— Page 7 of 8 <br />