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I <br /> <br />:1 <br /> I <br /> I <br /> I <br /> I <br /> I <br /> ! <br /> I <br /> ! <br /> I <br /> I <br />'i I <br /> I <br /> ! <br /> I <br /> i <br /> I <br /> <br />terms a~d provisions of this Agreement shall run with the land and shall bind the <br />DEVEI. iOPER, its successor and assigns. <br /> <br />26. ViQlatio? of This Agreement. If the DEVELOPER falls 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, ifrom 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 als° be grounds for denial of <br /> Building Permits for buildings in the Plat. <br /> <br />27. <br /> <br />Agree,merit Binding On Heirs. etc. The DEVELOPER agrees that this <br />Development Agreement shall be binding upon their successors and assigns. Breach of <br />any of the terms of this Development Agreement by the DEVELOPER shall be grounds <br />for denial of Building permit's for-buitdings, inthe Plat. <br /> <br />IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this <br />of ,~ , I995. <br /> <br />day <br /> <br />J.A. MENKVELD '& ASSOCIATES, INC. <br /> <br />CITY OF RAMSEY: <br /> <br />BY: <br /> <br />IT'S: <br /> <br />J.A. Menkveld <br /> <br /> Mayor <br />ATTEST: <br /> <br />STATE OF MINNESOTA ) <br /> ) SSo <br />COUNTY OF ANOKA ) <br /> <br />City Adi'ninistrator <br /> <br />On the ~ day of 19945 before me a Notary Public <br />personally ~appcared Glen D. Hardin and Ryan R. Schroeder, to me personally known, who, <br />being eacli by me duly sworn did say that they are respectively the Mayor and City <br />Administrator of the City of Ramsey, the municipal corporation named in the foregoing <br />instrument, and seal affixed to said instrument is the corporate seal of said municipal <br />corporatio,n, and the said instrument was signed and sealed on behalf of said municipal <br />corporatio¢ by authority of its City Council and said Glen D. Hardin and Ryan R. Schroeder <br />acknowledge said instrument to be the free act and deed of said municipal corporation. <br /> <br />Notary Public <br /> <br /> <br />