Agenda - Council - 06/13/2000 - Laserfiche WebLink

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Proof of Authority. When the DEVELOPER is a corporation, the CITY requires proof of author/ty by the corporation to execute tiffs Agreement. This proof of authority could be satisfied by providing the CITY with a certified copy of minutes of the corporate Board of Directors granting such authority. Recording of This Agreement. The DEVELOPER agrees that this Development Agreement shall be recorded in the office of the Anoka County Recorder and agrees that the terms and provisions of this Agreement shall run with the land and shall bind the DEVELOPER, its successor and assig~ns. Violation of This Agreement. If the DEVELOPER fails to perform any of the terms of this Agreement in the manner required by the CITY, the CITY shall be entitled to recover, from the DEVELOPER or ~e issuer of DEVELOPER'S financial guarantee, the full amount of any and all f'mancial guarantees. Breach of any of the terms of this Development Agreement by the DEVELOPER shall also be grounds for denial of Building Permits for buildings in the Plat Agreement Binding. The terms and provision hereof shall be binding upon, and inure to the benefit of the heirs, representatives, successors and assigns of the parties here to and shall be binding upon all future owners of all or any part of the PUD and shall be deemed covenants running with the land. Breach of any of the terms of this Development Agreement by the DEVELOPER shall be grounds for denial of building permits for buildings in the Plat. License - The DEVELOPER hereby grants the CITY, its agents, employees, officers and contractors a license to enter the PUD to perform all work and inspections deemed appropriate by the CITY in conjunction with the plat development. Incorporation by Reference. All plans, special provisions, proposals, specifications and contracts for the Improvements to be made pursuant to this Agreement shall be and hereby are made a part of this Agreement by reference as fully as if set forth herein in full. 15. NOTICES. Required notices to the DEVELOPER shall be in writing and shall either be hand delivered to the DEVELOPER, its employees or agents, or mailed to the DEVELOPER by certified or registered mail at the following address: Chris Bulow, PO Box 506, Elk River, MN 55330. Notices to the CITY shall be in whting and shall either be hand delivered to the City Administrator, or mailed by certified or registered mail to the following address: City of Ramsey, 15153 Nowthen Boulevard, Ramsey, MN 55303, with a copy to William Goodrich, Randall, Dehn and Goodrich, 2140 4c' Avenue, Anoka, ~vfN 55303 -246- I I I I I I I I I' I' I I I I I I I I I