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Agenda - Council - 07/09/2019
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Agenda - Council - 07/09/2019
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3/17/2025 2:31:02 PM
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8/29/2019 2:03:11 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/09/2019
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any costs or expenses the CITY incurs, including costs and expenses for <br />CITY staff time, to perform the work within 30 days after the CITY notifies <br />the DEVELOPER, in writing, of the costs and expenses the CITY incurred <br />to perform the work. If the DEVELOPER does not reimburse the CITY <br />within said 30 day period, the CITY may pursue any remedies available to <br />the CITY either at law or in equity or, in the alternative, the CITY may <br />draw on the financial guaranty the DEVELOPER has provided to the <br />CITY pursuant to this Agreement to reimburse itself for the expenses the <br />CITY incurs to perform the work. This Agreement is a license for the <br />CITY to act, and it shall not be necessary for the CITY to seek a Court <br />Order for permission to enter the DEVELOPER'S Property. As an <br />alternative to seeking recovery from the DEVELOPER or the financial <br />guaranty, the CITY may levy special assessments against the <br />DEVELOPER Property in accordance with Minnesota Statutes Section <br />429, and the DEVELOPER, for itself and its successors in title, hereby <br />expressly waives any and all substantive and procedural objections or <br />defenses the DEVELOPER may have to such special assessments; <br />b. The CITY may commence an action in Anoka County District Court to <br />pursue any remedy available to the CITY at law or in equity including, but <br />not limited to, injunctive relief; <br />c. The CITY may refuse to grant building permits for improvements to be <br />constructed on any lots within the Plat until the DEVELOPER has cured <br />all of its defaults; and <br />d. The CITY may draw upon all or any portion of the financial guaranty the <br />DEVELOPER has provided to the CITY pursuant to Section 4 and (i) use <br />all or any portion of the proceeds from the financial guaranty to reimburse <br />the CITY pursuant to subsection (a) above; (ii) use all or any portion of the <br />proceeds from the financial guaranty to satisfy any judgment the CITY <br />obtains against the DEVELOPER pursuant to subsection (b) above; (iii) <br />use all or any portion of the proceeds to reimburse the CITY pursuant to <br />Section 9 (h) below; and (iv) hold all or any portion of the proceeds for a <br />reasonable time for the future application as described in subsections (i), (ii) <br />and (iii) of this Section 8(d). <br />9. Miscellaneous. <br />a. Invalidity of Any Section. If any portion, section, subsection, sentence, <br />clause, paragraphs or phrase of this Agreement is for any reason invalid, <br />such decision shall not affect the validity of the remaining portion of this <br />Agreement. <br />
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