Agenda - Council - 01/23/1996 - Laserfiche WebLink

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17. Reeordinff of Develooment A~reement. 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 successor and assigns. 18. Violation of This A~eement. 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 full amount of any and all f'mancial 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. IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this ,, 1996. day of Edwin J. Juskiewicz Natalie T. Juskiewicz STATE OF MINNESOTA ) COUNTY OF ANOKA ) The foregoing instrument was acknowledge before me this ~ day of. 1996 Edwin J. Juskiewicz and Natalie T. Jusldewicz, husband and wife, CITY OF RAMSEY: Notary Public Mayor City Administrator STATE OF MINNESOTA ) COUNTY OF ANOKA ) On the day of ,1996, before me a Notary Public personally appeared Glen D. Hardin and Ryan R. Schroeder, to me personally known, who, being each by me duly sworn did say that they are respectively the Mayor and City Administrator of the City of Ram~ey, the municipal corporation n~med in the foregoing instrument, and seal affixed to said instnmgnt is.the corporate seal of said municipal corporation, and the said instrument was signed and sealed on behalf of said municipal corporation by authority of its City Council and said Glen D. Hardin and Ryan R. Schroeder acknowledge said instrument to be the free act and deed of said municipal corporation. This Instm_ ment was Drafted By: City of Ramsey 15153 Nowthcn Blvd. N.W. Ramscy, Mn 55303 Notary Public I I I I I' I I I I I