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I <br />I <br />I <br />I <br /> <br />I <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 /> I <br /> I <br /> <br />14. RECOGNITION OF LOCATION. The Permittee herein agrees to recognize Ramsey as <br /> the City of location for the development on all forms of advertising and business <br /> correspondence. <br /> <br />15. <br /> <br />AGREEMENT BllhrDI2~'G ON [Hi;IRS, ETC. The DEVELOPER agrees that this <br />Development Agreement shall be binding upon their successors and assigns. Breach of any of <br />the terms of this Development Agreement by the DEVELOPER shall be grounds for denial <br />of building permits for buildings in the Plat. <br /> <br />Royal Oaks Realty, Inc., hereby acknowledges receipt of this Permit and that they have reviewed <br />the conditions of this permit and have agreed that they will comply wkh the terms of this Permit. <br /> <br />Royal Oaks Realty <br /> <br />By: <br /> <br />Its: <br /> <br />STATE OF MINNESOTA ) <br /> ) ss <br />COUNTY OF ) <br /> <br />The Ponds Townhome Development Permit <br /> Page 4 of 5 <br /> <br />-249- <br /> <br /> <br />