Laserfiche WebLink
12. <br /> <br />13. <br /> <br />14. <br /> <br />15. <br /> <br />16. <br /> <br />17. <br /> <br />18. <br /> <br />19. <br /> <br />20. <br /> <br />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) days billing <br />period. Failure to pay the CITY'S expenses with the fifteen (15) day billing <br />period will permit the CITY to draw upon any of the escrows required by this <br />contract for payment. <br /> <br />Reimbursement lo City. The DEVELOPER agrees to reimburse the CITY <br />for all costs incurred by the CITY in defense or enforcement of this Agreement, or <br />an3, portion thereof, including court costs and reasonable engineering and attorney's <br />fees. <br /> <br />Notification. The DEVELOPER agrees to notify the CITY of all sales of lots <br />within the Plat. <br /> <br />Certificate ~.~? Occu~an¢,,,, The term "Certificate of Occupancy" as used in this <br />Agreement shall be defined as a document issued by the Cit?s Building Official <br />which authorizes the structure to be used for its intended purposes. <br /> <br />Marketable Title. Prior to recording of the final plat, the DEVELOPER shall <br />provide to the CITY proof of marketable title to both the Plat either through a <br />currently certified abstract, registered property abstract or title insurance. <br /> <br />Proof of AIJl:hority. When the DEVELOPER is a corporation, the CITY <br />requires proof of authority by the corporation to execute this Agreement. This <br />proof of authority could be satisfied by providing the CITY with a certified copy of <br />minutes of the corporate Board of Directors granting such authority. <br /> <br />!ri_validity of An~' One Section. If any portion, section, subsection, sentence, <br />clause, paragraph or phase of this Agreement is for any reason held to be invalid by <br />a court of competent jurisdiction, such decision shall not effect or void any of the <br />other provisions of this Agreement. <br /> <br />Recordin~ of Development Agreement. The DEVELOPER agrees that this <br />Development Agreement shall be recorded in the office of the Anoka County <br />Recorder and agrees that the terms and provisions of this Agreement shall be a <br />covenant on any and all deeds relative to the property included in the Plat. <br /> <br />Violation of this Agreement. The DEVELOPER agrees that the terms of the <br />financial guarantee shall be deemed to have been violated if the DEVELOPER <br />fails to perform any of the terms of this Agreement in the manner required by the <br />CITY and the CITY shall be entitled to recover from the DEVELOPER or the <br />issuer of DEVELOPERS' letter of credit, the full amount of the letter of credit. <br /> <br />Agreemen~ Bin0ing On Heirs, etc. The DEVELOPER agrees that this <br />Development Agreement shall be binding upon their successors and assigns. <br />Breach of any of the terms of this Development Agreement by the DEVELOPER <br />shall be grounds for denial of Building Permits for buildings in the Plat. <br /> <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />