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Agenda - Council - 04/27/1993
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Agenda - Council - 04/27/1993
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/27/1993
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this Agreemertt. <br /> <br />33. Proof of Aulhorilv. When the DEVELOPERS are a corporation, the CITY requires <br /> proof of authority by the corporation lo execute this Agreement. This proof of authority <br /> could be satisfied by providing the CITY with a certified cop)' of minutes of the corporate <br /> Board of Directors granting such attthority. <br /> <br />34.Recordin~ of This Agreemenl. The DEVELOPERS agree that this Development <br /> Agreement shall be recorded in the office of the Anoka County Recorder and a~ees that the <br /> terms and provisions of this Agreement shall run with the land and shall bind the <br /> DEVELOPERS, its successor and assigns. <br /> <br />35. Violalion of This A,,.l, reen~enl. If the DEVELOPERS fail to perform any of the <br /> tem'~s of this Agreement in tim manner required by the CITY, the CITY shall be entitled to <br /> recover, fi'om the DEVELOPERS or the issuer of DEVELOPER'S financial guarantee, <br /> the full amount of any and ali financial guarantees. Breach of any of the terms of this <br /> Development Agreement by the DEVELOPERS shall also be grounds for denial of <br /> Building Permits for buildings in the Plat. <br /> <br />36. Agreement Binding On Heirs, e~c. The DEVELOPERS agree that this <br /> Development Agreement shall be binding upon thelr successors and assigns. Breach of <br /> any of the tem'~s of this Development Agreement by the DEVELOPERS shall be ~ounds <br /> for denial of Building permits for buildings in the Plat. <br /> <br />IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this ~ day <br /> <br />of , 1993. <br /> <br />Got-em, LLC <br /> <br />CITY OF RAMSEY: <br /> <br />BY: <br /> <br />IT'S: <br /> <br />Mayor <br /> <br />ATTEST: <br /> <br />City Administrator <br /> <br /> <br />
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