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Agenda - Council - 06/10/1997
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Agenda - Council - 06/10/1997
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/10/1997
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I <br />I <br />I <br />! <br />I <br />I <br />i <br />I <br />I <br />I <br /> <br /> 19. <br /> <br />20. <br /> <br />21. <br /> <br />22. <br /> <br />23. <br /> <br />24. <br /> <br />25. <br /> <br />26. <br /> <br />The DEVELOPER agrees to pay the entire cost of said improvements, including interest, <br />fiscal engineering and legal charges. <br /> <br />Plat Approval Expenses. The DEVELOPER agrees that it will pay to the CITY all <br />CITY expenses incurred in the approval of the Plat, including, but not limited to, <br />administration expenses, engineering and legal fees. Said expenses shall be paid within <br />fifteen (15) days of billing by the CITY, and outstanding billings shall be paid prior to <br />recording of the Final Plat. Any expenses incurred after recording of the Final Plat shall <br />also be paid witl-dn said fifteen (15) day billing period. Failure to pay the CITY'S <br />expenses within the fifteen (15) day billing period will permit the CITY to draw upon any <br />of the escrows required by this contract for payment. <br /> <br />Recording of Plat. The DEVELOPER agrees that the plat associated with this <br />Development Agreement shall be recorded in the office of the Anoka County Recorder in a <br />timely manner. In the event recording of the associated plat is completed after July 1, any <br />resulting property taxes for the succeeding year, on property conveyed to the CITY for <br />exempt purposes, shall be paid by the DEVELOPER. <br /> <br />Reimbursement to the City. The DEVELOPER agrees to reimburse the CITY for all <br />costs incurred by the CITY in defense or enforcement of this Agreement, or any portion <br />thereof, including court costs and reasonable engineering and attorney's fees. <br /> <br />Marketable TitIe. Prior to recording of the Final Plat, the DEVELOPER shall provide <br />the CITY proof of marketable title to the Plat either through a currently certified abstract, <br />registered property abstract or title insurance. <br /> <br />Certificate of Occupancy. The term "Certificate of Occupancy" as used in this Agreement <br />shall be defined as a document issued by the City Building Official wkieh authorizes the <br />structure to be used for its intended purposes. <br /> <br />Invalidity of Any Section. If any portion, section, subsection, sentence, clause, paragraph <br />or phrase of this Agreement is for any reason held to be invalid by a court of competent <br />jurisdiction, such decision shall not affect or void any of the other provisions of this <br />Agreement. <br /> <br />Proof of Authority. The CITY does require proof of authority by the partnership to <br />execute this Agreement. This proof of authority may be satisfied by providing the CITY <br />with a certified copy of minutes of a partnershil~ meeting granting such authority. <br /> <br />Recording of this Agreement. The DEVELOPER agrees that this Development <br />Agreement shall be recorded in the office of the Anoka County Recorder and agrees that <br />the terms and provisions of this Agreement shall nm with the land and shall bind the <br />DEVELOPER, its successors and assigns. <br /> <br />27. Violation of this Agreement. If the DEVELOPER fails to perform any of the terms of <br /> <br />6 <br /> <br /> <br />
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