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M. Invalidity of Any Section. If any portion, section, subsection, sentence, <br />clause, paragraph or phase of this Agreement is for any reason held. to be invalid by a <br />court of competent jurisdiction, such decision shall not effect or void any of the other <br />provisions of this Agreement. <br /> <br /> N. Proof of Authority. When the DEVELOPER is a corporation, the CITY <br />requires proof of authority by the corporation to execute this Agreement. This proof of <br />authority may be satisfied by providing the CITY with a certified copy of minutes of the <br />corporate Board of Directors granting such authority. <br /> <br /> O. Recording of This A~eement. The DEVELOPER shall record this <br />Agreement in the office of the Anoka County Recorder and agrees that the terms and' <br />provisions of this Agreement shall run with the land and shall bind the DEVELOPER, <br />its successor and assigns. <br /> <br /> P. Violation of This Agreement. If the DEVELOPER fails to perform any <br />of the terms of this Agreement in the manner required by the CITY, the CITY shall be <br />entitled to recover, from the DEVELOPER or the issuer of DEVELOPER'S financial <br />guarantee, the full amount of any and all financial guarantees. Breach of any of the terms <br />of this Development Agreement by the DEVELOPER shall also be grounds for denial of <br />Building Permits for buildings in the Plat. <br /> <br /> Q. Agreement Binding On Successors and Assigns. The DEVELOPER <br />agrees that this Development Agreement shall be binding upon its successors and assigns. <br /> <br /> 26. Requirements for Building and Occupancy Permits. No building permit for any <br />lot in the Plat shall be issued until: (a) a Class 5 driving surface is installed to within 300 feet of <br />the structure; (b) a Certificate of Survey, including that survey information required by the <br />CITY has been supplied to the CITY Building Official; and (c) all the financial guarantees <br />required by the CITY have been satisfied. All foundation approvals will require a certificate of <br />elevation verifying that the actual elevation is in compliance with the approved grading and <br />drainage plan. (d) Permit from the Lower Rum River Watershed Management Organization has <br />been obtained (e) Permit from Anoka County Soil Conservation District has been obtained (f) <br />this Development Agreement has been signed and received by the CITY. A footings and <br />foundation permit for two structures will be released to the DEVELOPER prior to the plat being <br />recorded as long as the rest of the requirements of this section are met. <br /> <br /> No occupancy permit for any lot in the Plat shall be issued until: (a) vehicular access to <br />the lot is provided including the installation of at least one layer of bituminous surfacing; (b) all <br />utilities are in place, operational and accePted by the CITY; (c) for lots that have a slope of less <br />than 2%, a certificate of grading, prepared by a licensed (State of Minnesota), professional land <br />surveyor, must be provided to the CITY documenting that the flattest grade on this lot is 1% or <br />greater will require certificates of grading; and (d) boulevard sod and landscape tree, or escrow <br />for same, have been provided. <br /> <br />Ramsey Town Center 2~d Addition <br />Development Contract <br /> Page 10 of 14 Pages <br /> <br /> <br />