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Agenda - Council - 04/09/1991
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Agenda - Council - 04/09/1991
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12/10/2003 7:52:05 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/09/1991
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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />i 47 <br /> <br />DEVELOPMENT AGREEMENT - ECHO RIDGE ADDITION <br /> <br />o <br /> <br />10. <br /> <br />this Agreement, or any portion thereof, including court costs and reasonable engineering <br />and attorney's fees. ' <br />Plat Expense Reimbursement: The DEVELOPER agrees that they will pay to the CITY <br />out of any of the escrows required herein, all CITY expenses incurred in approval of the <br />Plat, including, but not limited to administration expenses, engineering and legal fees. Said <br />expenses shall be paid within fifteen (15) days of billing by the CITY and outstanding <br />billings shall be paid prior to recording of the Final Plat. Any expenses incurred after <br />recording of the Final Plat shall also be paid within said fifteen (15) day billing period. <br />Failure to pay the CITY'S expenses within the fifteen (15) day billing period wili permit <br />the CITY to draw upon any of the escrows required by this Agreement for payment. <br /> <br />M~rketable Title: Prior to recording of the Final Plat the DEVELOPER shall provide to <br />the CITY proof of marketable title to the plat either through a currently certified abstract, <br />registered property abstract or rifle insurance. <br />Invalidity of Any One Section: If any portion, section, subsection, sentence, clause, <br />paragraph or phrase of this Agreement is for any reason held to be invalid by a court of <br />competent jurisdiction, such decision shall not effect or void any of the other provisions of <br />this Agreement. <br /> <br />Agreement Binding On Heirs~ etc.: The DEVELOPER agrees that this Development <br />Agreement shall be binding upon their successors and assigns. Breach of any of the terms <br />of this Development Agreement by the DEVELOPER shall be grounds for denial of <br />Building Permits for buildings in the Plat. <br /> <br /> <br />
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