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15. Estimated Cost. It is understood and agreed that cost amounts set forth in this Agreement as <br />Required Improvements, unless specified as fixed amounts, are estimated. The Permittee agrees <br />to pay the entire cost of said improvements including interest, engineering and legal charges. <br />16. Site Plan Approval Expenses. The Permittee agrees that it will pay to the City all CITY <br />expenses incurred in the approval of the Site Plan, including, but not limited to administration <br />expenses, engineering and legal fees. Said expenses shall be paid within fifteen (15) days of <br />billing by the City and outstanding billings shall be paid prior to issuance of the building permit. <br />Any expenses incurred after the release of the building permit shall. also be paid within said <br />fifteen (15) day billing period. Failure to pay the City's expenses wi$jn the fifteen (15) day <br />billing period will permit the City to draw upon any of the es „ .ws required by this contract for <br />payment. <br />17. Reimbursement to the City. The Permittee agrees ei curse th- for all costs incurred <br />by the City in defense or enforcement of this Agr- e •f the City prin such action, or <br />any portion thereof, including court costs and reable engineering and a 's fees. <br />18. Invalidity of Any Section. If any portion, section, subsectiak clau ,, paragraph or <br />phase of this Development Permit is for any reason held to be i valid by a court of competent <br />jurisdiction, such decision shall not effect or void any of the other provisions of this <br />Development Permit. <br />19. Proof of Authority. When the Perm <br />by the corporation to execute this Devel <br />20. Violation of This <br />the manner req <br />issuer of Pe <br />Breach of any of <br />for denial of Buildin <br />21. A <br />ement <br />ermit shall be bi <br />22. Pay <br />Contr.. <br />fees mu <br />the Propert <br />of <br />by th <br />financi <br />s <br />1 <br />e , , <br />the Permit <br />, the City s <br />uarantee, the <br />this Developme <br />it or issuance <br />On <br />upon i <br />Developm <br />and betwe <br />aid at ti <br />all <br />IN WITNESS THE <br />, • <br />F <br />oration, they requires proof of authority <br />ors and Assigns. The Permittee agrees that this Development <br />sors and assigns. <br />ees. accordance with Items #19 through #23 of the Development <br />he City of Ramsey and First Phoenix Ramsey. LLC. all development <br />of execution of this Permit. No Building Permit will be approved for <br />ments and obligations of the Development Contract are satisfied. <br />the parties have hereunto set their hands and seals, this <br />day of ,2011. <br />FIRST PHOENIX RAMSEY, LLC <br />By: <br />Its: <br />CITY OF RAMSEY <br />By: <br />Its: <br />Stoney River <br />Development Permit <br />Page 5 of 6 <br />Mayor <br />ails to per any of the terms of this Permit in <br />1 be entitled to recover, from the Permittee or the <br />11 ount of any and all financial guarantees. <br />ermit by the Permittee shall also be grounds <br />ificate of Occupancy. <br />