Agenda - Council - 06/24/1997 - 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 o o o Drainage and Utility Easements. The standard drainage and utility easements around the perimeter of each of the two lots shall be provided in a total width often (10) feet. II. PARK DEDICATION Park Dedication. Park dedication shall consist of a cash payment in the amount of One Thousand Five Hundred Sixty Five Dollars ($1,565.00) for the new lot created. III. GENERAL Reimbursement to 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. Said expenses shall be paid within fifteen (15) days of billing by the CITY and 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 Agreement for payment. Plat Expense Reimbursement. The DEVELOPER agrees that he/she will pay to the CITY out of any of the escrows required herein, all CITY expenses incurred in 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 fiCITY'Sfi expenses within the fifteen (15) day billing period will permit the CITY to draw upon any of the escrows required by tt'fis Agreement for payment. Marketable Title. Pr/or to recording of the final plat, the DEVELOPER shall provide to the CITY, proof of marketable title to the plat either through a currently certified abstract, registered property abstract or title insurance. Invalidity of Any One Section. If any portion, section, subsection, sentence, clause, Paragraph or phase of this Agreement is for any reason held to be invalid by a court of competent jurisdiction, such decision shall not effect or void any of the other provisions of this Agreement. Agreement Binding On Heirs, etc. The DEVELOPER agrees that this Development Agreement shall be binding upon his 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 THEREOF, the parties have hereunto set their hands and seals, this day of ,1997.