Agenda - Council - 10/22/1996 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I BUILDING FACADE. The Permittee agrees to consu-uct ail building faces with a combination of rock and smooth face concrete block with a decorative application of standing Seam metal in accordance with the Building Elevations prepared by Robert Baker and dated October 4, 1996. FINANCIAL ASSISTANCE. The City shall be responsible tO provide the financial assistance listed in Section 2.2 of the development agreement. The payment for the Site Improvements shall be made at the time a Certificate of Occupancy for the development property is issued. These payments will be made only if all property taxes, City fees and charges on the property are current. REQUIREMENTS FOR BUILDING PERMIT. No building permit for the Site will be issued until the Permittee has signed and returned this Development Permit. At the time of building permit issuance, all plan check fees, state surcharges, permit fees and sewer and water access charges shall be paid in full. No Certificate of Occupancy for occupancy of the structure will be issued until the Required Improvements are accepted by the City. 10. IMPROVEMENT CONSTRUCTION SCHEDULE. The Required Improvements shall be completed before July 30, 1997. 1 1. ESCROW. The City and Permittee herein agree that the standard forms of financial guarantee'to ensure the installation of the Required Improvements are hereby waived. The Permittee :herein agrees that the tax increment payments from the City to the Permittee described in Section 2.2 of the development agreement shall serve as financial guarantee that the Required Improvements will be installed in accordance with City specifications and in a timely manner. In the event the Permittee fails to construct and install the Required Improvements as required herein, the City may take the actions provided in the development agreement to cure the default. 12. RECOGNITION OF LOCATION. As a continuance of the economic development efforts ex~ended between the City and the Pen-nit-tee in conjunction with the development of this site, the Permittee herein agrees to recognize Ramsey as the City of location on all forms of ~vertising and business correspondence whenever reasonably prudent to do so. Sharp & Assodia res, hereby acknowledges receipt of this permit and 'that they have reviewed the conditions of and have agreed that they will comply with the terms of this permit. CITY OF RAMSEY, MINNESOTA SHARP & ASSOCIATES By By Its: Mayor Its: Partner By By Its: City Administrator Its: /07