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Agenda - Council - 10/11/1994
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Agenda - Council - 10/11/1994
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
10/11/1994
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assist[race payment. This amount of Six Thousand Six Hundred Dollars ($6,600) <br /> will ~en be deducted from the final assistance payment. <br />12. REQ,[J. IREMENTS FOR BUILDING PERMIT. No building permit for the <br /> Site will be issued until the permittee has signed and returned this Development <br /> Permit. No Certificate of Occupancy for occupancy of the structure will be issued <br /> until t~e Required Improvements are accepted by the City. <br /> <br />13. IMP~.OVEMENT CONSTRUCTION SCHEDULE. The Required · Improyements shall be completed before January 2, 1996. <br /> <br />14. ESC14OW. The City and Permittee herein agree that the standard forms of <br /> financial guarantee to ensure the installation of the Required Improvements are <br /> herebylwaived. The Permittee herein agrees that the tax increment payments from <br /> the Cit~, to the Perminee described in Paragraph 10 of this Permit shall serve as <br /> £manci,td guarantee that the Required Improvements will be installed in accordance <br /> with Ci~ty specifications and in a timely manner. In the event the Permittee fails to <br /> construct and install the Required Improvements as required herein, the City may <br /> comple!e the Required Improvements with City day labor and/or by letting corm'acts <br /> for saidlcompletion and deduct the cost of same from the payment to the Permittee <br /> describe? in Paragraphs 10 and 11 of this Agreement. <br /> <br />15. RECOCNITION OF LOCATION. As a continuance of the economic <br /> development efforts expended between the City and the Permittee in conjunction <br /> with the{development of this site, the Permittee herein agrees to recognize Ramsey <br /> as the ci!y of location on all forms of advertising and business correspondence. <br />Bison Propertie~, LLC., hereby acknowledges receipt of this permit and that they have <br />reviewed the coSditions of this permit and have agreed that they will comply with the terms <br />of this permit. : <br /> <br />BISON PROPERTIES, LLC. <br /> <br />By: ~ By: <br /> R~chard A. Nelson Gary L. Omundson <br /> <br />Its: Mk:mber Its: Mernb~r <br /> <br />STATE OF M~NESOTA <br /> <br />COUNTY OF_} <br /> <br />SS. <br /> <br />On this da~of , 1994, before' me a Notary Public, <br />personally appear~.d Richard A. Nelson, a Member, and Gary L. Omundson, a Member, <br />of Bison Properties, LLC., a limited liability company., under the laws of the State of <br />Minnesota, on beh~alf of the Company. ... <br /> <br /> <br />
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