Agenda - Council - 02/28/1995 - Laserfiche WebLink

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Covenants shall be recorded in the office of the Anoka County Recorder and agrees that the terms and provisions of these documents shall be a covenant on any and all deeds relative to the property included in the Plat. Further, the DEVELOPERS shall file a copy of the Homeowners Covenants with the CITY. Violation of this Agreement. The DEVELOPERS agree that the terms of the financial guarantee shall be deemed to have been violated if the DEVELOPERS fail to perform any of the terms of this Agreement in the manner required by the CITY and the CITY shall be entitled to recover from the DEVELOPERS or the issuer of DEVELOPERS' letter of credit, the full amount of the letter of credit. i IN WITNESS ~ day of CITY OF RAMSEY: Agreement Binding On Heirs. etc. The DEVELOPERS agree that this Development Agreement shall be binding upon their successors and assigns. Breach of any of the terms of this Development Agreement by the DEVELOPERS shall be grounds for denial of Building Permits for buildings in the Plat, THEREOF, the parties have hereunto set their hands and seals, this _. , 1995. Glen D. Hardin, Mayor STATE OF MINNESOTA ! COUNTY OF ANOKA Ryan R. Schroeder, City Administrator O~the . day of ,. 1994, 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 Ramsey, the municipal corporation named in the foregoing instrument, and seal affixed to sa~d instrument 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 off, aid municipal corporation. (choy SEAL) ? ~ILBUR F. DORN, JR. ? THOMAS W. ANDERSON Notary Public JACQUELINE A. DORN PAULA B. ANDERSON GORHAM BUILDERS, INC.