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Agenda - Council - 09/22/2015
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Agenda - Council - 09/22/2015
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3/17/2025 4:11:07 PM
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9/23/2015 11:21:25 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/22/2015
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determination of satisfaction and termination of the agreements and covenants in <br />this Agreement with respect to the obligations of the Developer_ and its <br />successors and assigns, to construct the Minimum Improvements, and the dates <br />for the beginning and completion thereof. Issuance of the Certificate of <br />Completion and such determination shall not constitute evidence of compliance <br />with, or satisfaction of, any obligation of the Developer to any Holder of a <br />Mort+gage, or any insurer of a Mortgage, securing money loaned to finance the <br />Minimum Improvements. or any part thereof. <br />(h) The Certificate of Completion shall be in such form as will enable it to be <br />recorded in the Anoka County Recorder's Office. If the City refuses or fails to <br />provide any Certificate of Completion in accordance with the provisions of this <br />Section, the City shall, within fifteen (15) days after written request by Developer, <br />provide the Developer with a written statement, indicating, in adequate detail, in <br />what respects the City believes that the Developer has failed to complete the <br />Minimum Improvements in accordance with the provisions of this Agreement, or <br />is otherwise in default, and what measures or acts will be necessary, for the <br />Developer to take or perform in order to obtain a Certificate of Completion. <br />(c) The construction of the Minimum Improvements shall be deemed to be <br />substantially completed when the Developer has received a Certificate of <br />Occupancy from the City. <br />13 <br />
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