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

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competent jurisdiction, such decision shall not affect or void any of the other provisions of this Agreement. 17. Proof of Authority. The CITY does require proof of authority by the partnership to execute this Agreement. This proof of authority may be satisfied by providing the CITY with a certified copy of minutes of a partnership meeting granting such authority. 18. 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 nm with the land and shall bind the DEVELOPER, its successors and assigns. 19. 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 the issuer of DEVELOPER'S financial guarantee, the futl amount of any and all financial 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. 20. Agreement Binding on Heirs, etc. The DEVELOPER agrees that this Development Agreement shall be binding upon their successors and assigns. 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. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals this ., 1997. day of ANOKA ELECTRIC COOPERATIVE CITY OF RAMSEY: By: By: Richard D. Newland Thomas G. Gamec As: General Manager As: Mayor ATTEST: Ryan R. Schroeder, City Administrator 4 I I I I I I I ! I I I' I I I I I