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-92- <br /> <br />eo <br /> <br />Any well certificate required by M.S. §1011.235. <br /> <br />The Assessment Agreement. <br /> <br />The Lien Agreement. <br /> <br />The Agreement to Pay Deficiencies. <br /> <br />If requested, a subordination agreement, subordinating the Lien Agreement to a <br />First Mortgage granted against the Development Property by Developer. <br /> <br />At the closing, Developer shall execute, where appropriate, and deliver to the City: <br /> <br />a. The Developer Permit in the form attached. <br /> <br />b. The Assessment Agreement. <br /> <br />c. The Lien Agreement. <br /> <br />d. The Agreement to Pay Deficiencies. <br /> <br /> Section 2.7 Real Estate Taxes. Spe. cial Assessrnents, Utility Bills. Real estate taxes due <br />and payable in all years prior to that in which closing occurs, including any amounts otherwise <br />payable in such years which may have been deferred pursuant to the Minnesota Statutes or other <br />applicable law, shall be paid by City. Real estate taxes due and payable in the year in which <br />closing occurs, including any amount otherwise payable in such year which may have been <br />deferred pursuant to the Mi~mesota Statutes or other applicable Iaw, shall be prorated as of the <br />Closing Date based upon the parties' respective periods of ownership of the Developrnent <br />Property in the calendar year of closing. <br /> <br /> On or prior to the Closing Date, City shall pay all special assessmentk, whether or not <br />then due, then levied against the Development Property or pending for improvements with <br />respect to which, as of the date of this Agreement, the letting of contracts has been duly <br />authorized by appropriate goven'unental action. <br /> <br /> Section 2.8 Possession. City shall deliver possession of the Development .Property to <br />Developer on the Closing Date. <br /> <br /> Section 2.9 Developer's Contino, encies. Developer's obligation to close under this <br />Agreement is expressly conditioned upon each of the following contingencies being satisfied or <br />waived on o1' before the closing date: <br /> <br />The Environmental Audit and Developer's inspections and investigations of the <br />Development Property shall have disclosed no unsatisfactory conditions or <br />defects, including no unsatisfactory environmental conditions. <br /> <br />10 <br /> <br />I <br />I <br />t <br />i <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 /> <br /> <br />