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20. Proof of Authority. When the PERMITTEE is a corporation, the CITY requires proof of authority <br />by the corporation to execute this Agreement. This proof of authority may be satisfied by providing <br />the CITY with a certified copy of minutes of the corporate Board of Directors granting such authority. <br />21. Violation of This Permit. If the PERMITTEE fails to perform any of the terms of this Development <br />Permit in the manner required by the CITY, the CITY shall be entitled to recover, from the <br />PERMITTEE or the issuer of PERMITTEE financial guarantee, the full amount of any and all <br />financial guarantees. Breach of any of the terms of this Development Permit by the PERMITTEE <br />shall also be grounds for denial of Building Permit or issuance of Certificate of Occupancy. <br />22. Relationship to COR TWO Plat. The approval of this Site Plan is contingent upon completion of the <br />requirements of the COR TWO plat. The City Council approved a Development Agreement by and <br />between the City of Ramsey and the Housing and Redevelopment Authority in and for the City of <br />Ramsey. Before any development can occur on the Subject Property, the terms of said Development <br />Agreement must be satisfied and include, but are not limited to, Stage I Improvements, Development <br />Fees, financial sureties, and engineering inspection fees. <br />23. Stormwater Treatment System. A legal instrument, such as an easement or right -of -access, shall be <br />provided to the CITY to ensure the stormwater treatment system can be accessed and repaired, upon <br />proper notification to the PERMITTEE, whenever needed. <br />23. Agreement Binding On Successors and Assigns. The PERMITTEE agrees that this Development <br />Permit shall be binding upon its successors and assigns. <br />IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this <br />day of , 2013. <br />MCDONALD'S USA LLC CITY OF RAMSEY <br />By: <br />By: <br />Its: Mayor <br />Its: ATTEST <br />STATE OF MINNESOTA <br />ss. <br />COUNTY OF ANOKA ) <br />By: <br />Its: City Clerk <br />On this day of , 2013, before me a Notary Public personally appeared Sarah <br />Strommen and Jo Thieling, to me personally known, being each by me duly sworn did say that they are <br />respectively the Mayor and City Clerk of the City of Ramsey, the municipal corporation named in the <br />foregoing instrument, and seal affixed to said instrument is the corporate seal of said municipal corporation, <br />and the said instrument was signed and sealed on behalf of said municipal corporation by authority of its <br />City Council and said Sarah Strommen and Jo Thieling acknowledge said instrument to be the free act and <br />deed of said municipal corporation. <br />McDonald's <br />Development Permit <br />Page 5 of 6 <br />