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18. Reimbursement to the City. The PERMITTEE agrees to reimburse the CITY for all costs incurred <br />by the CITY in defense or enforcement of this Agreement, or any portion thereof; including court costs <br />and reasonable engineering and attorney's fees. <br />19. Invalidity of Any Section. If any portion, section, subsection, sentence, clause, paragraph or phase of <br />this Agreement is for any reason held to be invalid by a court of competent jurisdiction, such decision <br />shall not effect or void any of the other provisions of this Agreement. <br />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. Tho WM/1frwtlffif :his Sits Plow. it' u/kingoni up ua. a u«<p'tion of tho <br />onr.. of ♦he COD TWO plat The City Council ., ed .. Development A g en♦ by ..nd <br />roq,,..m-re orR�--o �--�v��o�r-c�pp"^ grew aorrcz� <br />between tho City of Ramsey and tilt az.d Rodovol pmont Auth rity in and f r tho City f <br />Ramsey. Before any development can occur on the Subject Property, the terms of said Development <br />Agreement must be satisfied and include, but aro n t limited t , Stag' I Imprrra'monts, DQriJuY .eni <br />Fc:,c, fattn';u. .turotios, and engineering inspocti n foosStaae I Imnrovements and Stage II <br />Imnrovements reauired for the comnletion of the COR TWO nlat have been comnleted by the Housing <br />and Redevelonment Authority in and for the City of Ramsey. . <br />23. Stormwater Treatment System. A legal instrument tt'li we {IL oasomont or right 6' as K, teal_ be <br />pr vidod t tho CITY t ensure tho st rmwator treatment systom'uw. Ltiu'tdod and repaired, upon <br />proper notification to the PERMfF'TL, nenew•e. noododAn agreement between the owners of Lots <br />1-3. Block 1. COR TWO is being nrenared to outline ongoing maintenance resnonsibilities for the <br />shared utilities. It is anticinated that this agreement shall be recorded as part of the real estate transaction <br />between the PERMITTEE and the HRA. This agreement shall be recorded nrior to commencing <br />Iconstructiont, <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 />lts: Mayor <br />lts: ATTEST <br />By: <br />McDonald's <br />Development Permit <br />Page 5of6 <br />{ Formatted: Font: Bold <br />Formatted: Font: Bold <br />Commented [TG1]: Admittedly, this paragraph needs revision <br />per legal format. <br />