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Agenda - Economic Development Authority - 08/04/2016
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Agenda - Economic Development Authority - 08/04/2016
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3/17/2025 2:31:34 PM
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8/30/2016 11:44:28 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
08/04/2016
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any reason whatsoever, such illegality or invalidity shall not affect the legality or validity <br /> of the remainder of the Agreement. <br /> 27. CONSTRUCTION. The Parties acknowledge that this Agreement was initially <br /> prepared by Seller solely as a convenience and that all Parties and their counsel hereto <br /> have read and full negotiated all the language used in this Agreement. The Parties <br /> acknowledge that because all Parties and their counsel participated in negotiating and <br /> drafting this Agreement, no rule of construction shall apply to this Agreement to construe <br /> ambiguous or unclear language in favor of or against any Party. <br /> 28. COUNTERPARTS; DIGITAL COPIES. This Agreement may be executed in any <br /> number of counterparts and the signature pages of the separate counterparts combined <br /> into a single copy of this Agreement which will then constitute a fully executed version <br /> of this Agreement. A facsimile, .pdf file or digital copy of a signed counterpart or of an <br /> assemblage of counterparts of this Agreement shall be deemed to be an original thereof. <br /> 29. PLATTING&DEVELOPMENT AGREEMENT. <br /> a. Buyer must obtain an approved final plat and enter into a development <br /> agreement with the City of Ramsey for the development of a 5100 square <br /> foot building and related improvements on the Property before Closing <br /> (such development being referred to herein as the "Project"). Development <br /> Agreement and Site Plan must comply with all local zoning ordinances and <br /> design standards, including The COR Design Standards. The Development <br /> Agreement required for development of the Land shall include, as exhibits, <br /> the site design and the front, side and rear elevations of the proposed <br /> structure(s). Seller expressly reserves the right to approve the site design <br /> and elevations to be utilized on this Property, such approval not to be <br /> unreasonably withheld, conditioned or delayed as long as the site plan and <br /> elevations comply with applicable design standards and zoning ordinances. <br /> b. The Development Agreement shall, among other things, provide for the <br /> following: <br /> i. The Property shall have adequate access available through an <br /> existing curb cut on Sunwood Drive as shown on Exhibit A. Seller <br /> shall secure access rights and/or assist Buyer in obtaining access <br /> rights to the Property as required. <br /> ii. Buyer shall be responsible for design and construction of the <br /> extension of the existing access road that is located to the west of the <br /> existing Casey's General Store to the south. The extension will <br /> terminate at the south property line of the Property as shown on the <br /> Exhibit A attached hereto. <br />
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