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-102- <br /> <br />12. <br /> <br />13. <br /> <br />14. <br /> <br />15. <br /> <br />the CITY'S expenses within the fifteen (15) day billing period will permit the CITY to <br />draw upon any of the escrows required by this Agreement for payment. <br /> <br />Plat Expense Reimbursement. The DEVELOPER agree that they will pay to the <br />CITY out of any of the escrows required herein, all CITY expenses incurred in approval <br />of the Plat, including, but not limited to administration expenses, engineering and legal <br />fees. Said expenses shall be paid within fifteen (15) days of billing by the CITY and <br />outstanding billings shall be paid prior to recording of the Final Plat. Any expenses <br />incurred after recording of the Final Plat shall also be paid within said fifteen (15) day <br />billing period. Failure to pay the CITY'S expenses within the fifteen (15) day billing <br />period will permit the CITY to draw upon any of the escrows required by this Agreement <br />for payment. <br /> <br />Marketable Title. Prior to recording of the Final Plat, the DEVELOPER shall provide <br />to the CITY, proof of marketable title to the Plat either through a currently certified <br />abstract, registered property abstract or title insurance. <br /> <br />Invalidity of Any One Section. If any portion, section, subsection, sentence, clause, <br />Paragraph or phase of this Agreement is for any reason held to be invalid by a court of <br />competent jurisdiction, such decision shalI not effect or void any of the other provisions <br />of this Agreement. <br /> <br />Agreement Binding On Heirs, etc. The DEVELOPER agrees that this Development <br />Agreement shall be binding upon his successors and assigns. Breach of any of the terms <br />of this Development Agreement by the DEVELOPER shah be. grounds for denii~t of <br />Building Permits for buildings in the Plat. <br /> <br /> IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this <br />__ day of . ,2002. <br /> <br />DEVELOPER: <br /> <br />Ronald M. Canner, Jr. <br /> <br />Marilyn Canner <br /> <br />STATE OF MINNESOTA ) <br /> ) SS. <br />COUNTY OF' ANOKA ) <br /> <br />On this day of . . , 2002, before me a Notary Public, personally <br />appeared Ronald M. Canner, Jr., and Marilyn Canner, husband and wife, to me known to be. the <br />persons described herein and who executed the foregoing instrument and acknowledged that they <br />executed the same as their free act and deed. <br /> <br />I <br /> <br />I <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />i <br /> <br />I <br /> <br /> <br />