Agenda - Council - 06/11/1992 - Laserfiche WebLink

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Lower Rum River Water Management Organization. The grading plan shall be subject to the approval of the City Engineer. 29. Recordi.ng of Devqlgpmqnt Agreement. The DEVELOPER agrees that this Development Agreement shall be recorded in the office of the Anoka County Recorder and agrees that the terms and provisions of this Agreement shall run with the land and shall bind the DEVELOPER, its successor and assigns. 30. yiolalion of This Agreemenl. If the DEVELOPER fails to perform any of the terms of this Agreement in the manner required by the CITY, the CITY shall be entitled to recover, from the DEVELOPER or the issuer of DEVELOPER'S financial guarantee, the full amount of any and all financial guarantees. Breach of any of the terms of this Development Agreement by the DEVELOPER shall also be grounds for denial of Building Permits for buildings in the Plat. IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this of , 1992. day NORTH SUBURBAN DEVELOPMENT, INC. CITY OF RAMSEY: By: Its Mayor ATTEST: City Administrator STATE OF MINNESOTA ) ) SS. COUNTY OF ANOKA On the day of 1992, before me a Notary Public personally appeared James Gilbertson and Ryan Schroeder, to me personally known, who, being each by me duly sworn did say that they are respectively the Mayor and City Administrator of the City of Ramsey, the municipal corporation named in the foregoing instrument, and seal affixed to said insn'ument is the corporate seal of said municipal corporation, and the said instrument was signed and sealed on behalf of said municipal corporation by authority of its City Council and said James Gilbertson and Ryan Schroeder acknowledge said instrument to be the free act and deed of said municipal corporation.