Agenda - Council - 02/12/2013 - Laserfiche WebLink

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k. Certificate of Occupancy. The term "Certificate of Occupancy" as used in this Contract shall be defined as a document issued by the CITY'S Building Official, which authorizes the structure to be used for its intended purposes. 1. Estoppel Certificates and Certificate of Completion. Within ten (10) days after a written request from the PERMIT I LE, the CITY will provide the PERMITTEE and any third party who is purchasing all or any portion of the PERMITTEE Property or to whom the PERMITTEE is granting a mortgage on all or any portion of the PERMITTEE Property with a written estoppel certificate stating: (i) that this Contract remains in full force and effect or that this Contract has been terminated; (ii) that this Contract has not been modified or amended or, if this Contract has been modified or amended, identifying such modifications or amendments; (iii) the type and amount of any security the CITY is holding to secure the performance of the PERMITTEE'S obligations under this Contract; (iv) that, to the best of the CITY'S actual knowledge, the PERMITTEE is not in default in the performance of the PERMITTEE'S obligations under this Contract or, if the CITY has knowledge of PERMITTEE defaults, describing those defaults; and (v) that, to the best of the CITY'S actual knowledge, the CITY is not in default in the performance of the CITY' S obligations under this Contract or, if the CITY has knowledge of CITY defaults, describing those defaults. At any time that the PERMIT ILE believes it has fully performed its obligations under this Contract, the PERIVH'I"IEL may so notify the CITY and the CITY shall promptly inspect the Subject Property to determine if the PERMITTEE has full performed its obligations under this Contract. Within ten (10) days after the CITY'S inspection the CITY must provide the FLiNirfTEE with either a detailed written description of the PERMITTEE obligations which the CITY determines the PERMITTEE has not fully performed or a recordable instrument executed by the CITY'S mayor and CITY administrator evidencing the termination and satisfaction of this Contract. m. Notices. Required notices shall be in writing, and shall be either hand delivered to the Parties, its employees or agents, or mailed to them by certified or registered mail at the following address: TO PERMIT I I:I:: The Seasons of Ramsey Limited Partnership Attn: Mike Podawiltz 3601 18th Street South, Suite 117 St. Cloud, MN 56301 TO THE CITY: City of Ramsey Attn: City Administrator 9 4988262v4