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L. Certificate of Occupancy. The term "Certificate of Occupancy" as used in <br />this Agreement shall be defined as a document issued by the CITY's Building Official, <br />which authorizes the structure to be used for its intended purposes. <br />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 />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 />O. Recording of This Agreement. The DE'' " shall record this <br />Agreement in the office of the Anoka County Record' rTt.' ,es that the terms and <br />provisions of this Agreement shall ,run with the land I.. s:_e' oind the DEVELOPER, <br />its successor and assigns. <br />P. Violation of This Agreement. ,ELOPER fails to perform any <br />of the terms of this Agreement in the mar .;* rc ji ,;d by the CITY, the CITY shall be <br />entitled to recover, from the DEVELP- r'n c. de issuer of DEVELOPER'S financial <br />guarantee, the full amount of any and a._ `11.J' .'.gal guarantees. Breach of any of the terms <br />of this Development Agreement by t. v 'ELOPER shall also be grounds for denial of <br />Building Permits for buildings j r Pi: <br />Q. Agreemen' ^'n. _ra On Successors and Assigns. The DEVELOPER <br />agrees that this Devele Egreement shall be binding upon its successors and assigns. <br />26. Rectuirerr - Building and Occupancy Permits. No building permit for any <br />lot in the Plat shall be -!u until: (a) a Class 5 driving surface is installed to within 300 feet of <br />the structure; (b) : .. `i icate of Survey, including that survey information required by the <br />CITY has been supp.. d 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 />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 />Ramsey Town Center 2"d Addition <br />Development Contract <br />Page 10 of 13 Pages <br />