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A G R.EEM.ENT
<br /> CITY %qlDE GAP.AGE DOOR COMPANY, INC. AN~D
<br />CITY OF KAMSEY, ANOKA COUNTY, STATE OF MINNESOTA
<br />
<br />The City of Ramsev herebv a~ees m issue a temporan.' permit to Ivan G. Clauson, the PTesiden!
<br />of City ~Xide Garage Door Company, inc. (the "Perm]! Holder"/for the placement of a temporaU'
<br />offme structure al 6845 Hr.,`,. #10 N.\V. (the !'Subject Property"). This mmporaU' permit ~s
<br />aliowed for issuance on the uf~derstanding that Perrmt Holder will apply for and obi. ann an Interim
<br />Use perrmt for the placement of a temporary office so'ucture on the Subject Property dunng fire
<br />damage mpa.irs, it is herein a~eed that the application will be submm~ to Ciw Staff in a time
<br />frame that will accommo,iate presentation of me application to the Pianning Comrriission on July 5,
<br />I994 and the CIE,' Council on Ju}v 12, 199.4. In the event the application for the interim 0se
<br />Permit is denied by C~ti' Council, the Permit Holder ag'rees to have the temporary office structure
<br />removed from the Subject Proper'fy by July 19, 199~.
<br />
<br />It is also understood that this temporar,., per'mir for a temporary office structure at 6845 Highway
<br />#10 N.W. will not be issued until the City has received from the Permit Holder a financial
<br />guarantee in the amount of FJ`,,e Bund. red Dollars and 00/100 (5500.000) in a form acceptable to
<br />the City. Said gu~amee shall be maintained in an escrow account in the name of the Permit
<br />Holder. The pu~ose of the guarantee is to ensure tha~ the temporau' office structure will be
<br />removed from me Sui~ct Properb' by July 19. !99.4". if the City Council denies the application for
<br />an interim Use Permit. The CIE,' shall have the authority m C-a`,,,, upon the financial guarantee in
<br />the event the Permit Bolder fails to act in accordance with the terms of this a~eement. Failure to
<br />remove the tempora.u.' so-ucture bv Jul',, !9,199~ if the interim Use Permit is denied shall resuh in
<br />forfeiture of the fina_nciai guarantee in ~:avor of the Cir.','.
<br />
<br />Unon City Count. ii aooro',,a] of the Interim Use Petrols, the financial guarantee shall remain in
<br />effect a: the Cir.',, of Ramsev to guarantee Umelv removal of the temporaD, office structure in
<br />accordance with the te,wns o[~he interim Use Pe~,'-mi~ issued by th: City. Upon successfui removal
<br />of the tempora.D' off, ce somcture ir, accordance with Umeiines established in the interim Use
<br />Permit, me financia! gu~-antee shall m released Ox' the CID'.
<br />in wimess thereof, the pm-des have hereunto se~ their bands and seals, thqq the /(5 ~
<br /> .... da), of
<br /> :_ I¢~,J.~' . ! 994.
<br />
<br />CITY WDE GARA GE DOOR COM~AN%', IN C.:
<br />
<br />F'resiaen~
<br />
<br />STAT"'E OF ~,%"ESOTA )
<br /> ) SS,
<br />COUNT',,' OF ANOKA )
<br />
<br />The foregoing was acknowiedg~d before me this day of
<br />!99~ by. iv~ G. Ciausen, the ~esident of City Wide G~-age Door Company, inc., a co¢orafion
<br />under the laws of the Sm~e of Minnesota, on beh~f of ~e co~oranon. ~
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