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23. <br /> <br />24. <br /> <br />25. <br /> <br />26. <br /> <br />27. <br /> <br />28. <br /> <br />29. <br /> <br />portion thereof, including court costs and reasonable engineering and attorney's <br />fees. <br /> <br />Marketable Title. Prior to recording of the Final Plat, the DEVELOPER shall <br />provide the CITY proof of marketable title to the Plat either through, a currently <br />certified abstract, reg4stered property abstract or title insurance. <br /> <br />Certificate of Occupancy. The term "Certificate of Occupancy" as used in <br />this.Agreement shall be def'med as a document issued by the City's Building <br />Official which authorizes the structure to be used for its intended purposes. <br /> <br />Invalidity of Any Section. If any portion, section, subsection, sentence, clause, <br />paragraph or phase of this Agreement is for any reason held to be invalid by a court <br />of competent jurisdiction, such decision shall not effect or void any of the other <br />provisions of this Agreement. <br /> <br />Proof of Authority. When the DEVELOPER is a corporation, the CITY requires <br />proof of authority by the corporation to execute this Agreement. This proof of <br />authority could be satisfied ~by providing the CITY with a certified copy of minutes <br />ofthe corporate Board of Directors 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 <br />that the terms and provisions of this Agreement shall run with the land and shall <br />bind the DEVELOPER, its successor and assigns. <br /> <br />Violation of This Agreement. If the DEVELOPER fails to perform any of the <br />terms of this Agreement in the manner required by the CITY, the CITY shall be <br />entitled to recover, from the DEVELOPER or the issuer of DEVELOPER'S <br />financial guarantee, the full amount of any and all financial guarantees. Breach of <br />any of the terms of this Development Agreement by the DEVELOPER shall also <br />be grounds for denial of Building Permits for buildings in the Plat <br /> <br />Agreement Binding On Heirs, etc.: The DEVELOPER agrees that this <br />Development Agreement shall be binding upon their successors and assigns. <br />Breach of any of the terms of this Development Agreement by the DEVELOPER <br />shall be grounds for denial of Building permits for buildings in the Plat. <br /> <br />IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this <br /> day of ,1996. <br /> <br />GOOD VALUE HOMES, INC. <br /> <br />By: <br /> <br />CITY OF RAMSEY: <br />By: <br /> <br /> David I. Segal Mayor <br />As: President <br /> <br />ATTEST: <br /> <br /> I <br /> !' <br /> I <br />I <br />I <br />I <br />I <br />I <br /> I <br /> <br />I <br />I <br />I <br />I <br />i <br />I <br />! <br />I <br />I <br /> <br /> <br />