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BUILDING PERMITS. The Developer agrees that in compliance with the City Code, no <br />building permits for any lot in the plat shall be issued until the financial guarantees as <br />described above have been provided and that all grading and class five gravel has been <br />placed on the roads. <br /> <br />IN WITNESS WHEREOF, the parties have executed this instrument this <br />1989 <br /> <br />day of <br /> <br />DEVELOPERS: <br /> <br />CiTY OF RAMSEY: <br /> <br />By: By: <br /> <br />Its City Administrator <br /> <br />Its Mayor <br /> <br /> <br />