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Agenda - Council - 03/26/1996
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Agenda - Council - 03/26/1996
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/26/1996
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I <br />could be satisfied by providing the CITY with a certified copy of minutes of the corporate <br />' Board of Directors granting such authority. <br />28. 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 the <br />' terms and provisions of this Agreement shall run with the land and shall bind the <br />DEVELOPER, its successor and assigns. <br />29. Vi latign of This Agreement. If the DEVELOPER fails to perform any of the terms <br />of this Agreement in the manner required by the CITY, the CITY shall be entitled to <br />recover, from the DEVELOPER or the issuer of DEVELOPER'S financial guarantee, <br />the full amount of any and all financial guarantees. Breach of any of the terms of this <br />Development Agreement by the DEVELOPER shall also be grounds for denial of <br />Building Permits for buildings in the Plat. <br />' 30. Ag.reement Binding On Heirs. etc. The DEVELOPER agrees that this <br />Development Agreement shall be binning upon their successors and assigns. Breach of <br />t any of the terms of this Development Agreement by the DEVELOPER shall be grounds <br />for denial of Building permits for buildings in the Plat. <br />IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this day <br />of , 1996. <br />1 EDSON INVESTMENT FAMILY LIMITED PARTNERSHIP: <br />' By: B <br />Blaine Edmundson Louis Edmundson <br />Its: Its: <br />General Partner General Partner <br />' STATE OF MINNESOTA ) <br />ss. <br />COUNTY OF ) <br />' The foregoing was acknowledged before me this day of , <br />1996, by Blaine Edmundson, General Partner, and Louis Edmundson, General Partner of Edson <br />Investment Family Limited Partnership, a Minnesota Limited Partnership, on behalf of the <br />� I <br />Notary Public <br />L <br />
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