Agenda - Council - 11/12/2013 - Laserfiche WebLink

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J. Reimbursement to the City. The Secondary Developer agrees to reimburse the City for all costs incurred by the City in defense or enforcement of this Development Contract, or any portion thereof, including court costs and reasonable engineering and attorney's fees. k, Insurable Title. Prior to recording of the Plat, the Secondary Developer shall provide the City with proof of insurable title to the Plat either through a currently certified abstract, registered property abstract or title commitment. The title commitment shall name the City as a proposed insured and shall show proposed insurance in the amount of $50,000.00. 1. Certificate of Occupancy. The term "Certificate of Occupancy" as used in this Development 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. m. Invalidity of Any Section. If any portion, section, subsection, sentence, clause, paragraph or phase of this Development Contract is for any reason held to be invalid by a court of competent jurisdiction, such decision shall not effect or void any of the other provisions of this Development Contract. n, Proof of Authority. When the Secondary Developer is a corporation, the City requires proof of authority by the corporation to execute this Development Contract. This proof of authority may be satisfied by providing the City with a certified copy of minutes of the corporate Board of Directors granting such authority. o. Recording of This Development Contract. The Secondary Developer shall record this Development Contract against the Subject Property in the office of the Anoka County Recorder and agrees that the terms and provisions of this Development Contract shall run with the land and shall bind the Secondary Developer and its successor and assigns. p. Incorporation Of All City Code Requirements. That the recitals above and the applicable provisions of the City Charter, Subdivision Code, Zoning Code and Public Improvement Code of the City, as amended to date hereof, are incorporated herein by reference. q. State Building Code Compliance. The buildings shall be constructed in accordance with the requirements of the Building Code. r. Fire Lanes. Fire lanes shall be maintained on the Subject Property. The exact locations of these items on the Subject Property shall be as directed by the Fire Chief. The Secondary Developer herein agrees to post "No Parking" signs along private streets in accordance with City Code requirements and in conjunction with the instructions of the Fire Chief. s. Building Facade. The Secondary Developer agrees to construct the Ramsey Town Center 3rd Addition Development Contract Page 14 of 17 Pages