Agenda - Council - 06/10/1997 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I PARK DEDICATION 8. Cash. The Plat is located in the Marble Park District. Park dedication requirements shall be satisfied by tax increment f'mancing funds generated by the development of the property. GENERAL 9. Construction Site Maintenance. The DEVELOPER shall adhere to all City ordinances relating to, but not limited to, dumping of garbage, site development, construction debris, open burning, crc. 10. Estimated Cost. It is understood and agreed that cost amounts set forth in this Agreement as stage I and Stage II Improvements, unless specified as fixed amounts, are estimated. The DEVELOPER agrees to pay the entire cost of said improvements, including interest, fiscal engineering and legal charges. 11. Plat Approval Expenses. The DEVELOPER agrees that it will pay to the CITY all CITY expenses incurred in the approval of the Plat, including, but not limited to, administration expenses, engineering and legal fees. Said expenses shall be paid within fifteen (15) days of billing by the CITY, and outstanding billings shall be paid prior to recording of the Final Plat. Any expenses incurred after recording of the Final Plat shall also be paid within said fifteen (15) day billing period. Failure to pay the CITY'S expenses within the fifteen (15) day billing period will permit the CITY to draw upon any of the escrows required by this contract for payment. 12. Recording of Plat. The DEVELOPER agrees that the plat associated with this Development Agreement shall be recorded in the office of the Anoka County Recorder in a timely manner. In the event recording of the associated plat is completed after July 1, any resulting property taxes for the succeeding year, on property conveyed to the CITY for exempt purposes, shall be paid by the DEVELOPER. 13. Reimbursement to the City. The DEVELOPER agrees to reimburse the CITY for all costs incurred by the CITY in defense or enforcement of this Agreement, or any portion thereof, including court costs and reasonable engineering and attorney's fees. 14. Marketable Title. Prior to recording of the Final Plat, the DEVELOPER shall provide the CITY proof of marketable title to the Plat either through a currently certified abstract, registered property abstract or title insurance. ' 15. Certificate of Occupancy. The term "Certificate of Occupancy" as used in this Agreement shall be defined as a document issued by the City Building Official which authorizes the structure to be used for its intended purposes. 16. Invalidity of Any Section. If any portion, section, subsection, sentence, clause, paragraph or phrase of this Agreement is for any reason held to be invalid by a court of 3