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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 />28. CONSTRUCTION DEADLINE. Buyer shall obtain a certificate of occupancy from the <br />City of Ramsey for the construction of a minimum 5,000 SF building compliant with <br />COR Zoning requirements to be further defined by an approved Site Plan a year after <br />closing. At Closing, a "Right of Re -Entry Agreement" must be executed and recorded to <br />the Property providing that, in the event the above deadline is not met. Seller has the right <br />to reclaim title to the parcel(s) for which a certificate of occupancy was not obtained. <br />29. TIME PERIODS. The time for performance of any obligation or taking any action <br />under this Agreement shall be deemed to expire at 5:00 p.m. Pacific Time on the last day <br />of the applicable time period provided for in this Agreement. If the time for the <br />performance of any obligation or taking any action under this Agreement expires on a <br />Saturday, Sunday or legal holiday, the time for performance or taking such action shall be <br />extended to the next succeeding day which is not a Saturday, Sunday or legal holiday. <br />30. PLATTING & DEVELOPMENT AGREEMENT. Buyer must be in the process of <br />obtaining an approved final plat, development agreement, and building exterior visual <br />renderings with the City of Ramsey for its intended project before Closing. The <br />Development Agreement and Site Plan must comply with all local zoning ordinances and <br />design standards, including The COR Design Standards. City of Ramsey will reimburse <br />Buyer up to $3500 for re -platting expense. The reimbursement will only take place upon <br />a successful closing and City of Ramsey is not responsible for any cost reimbursement if <br />Buyer does not close on subject property. Buyer to provide written documentation of <br />platting costs for reimbursement. <br />SELL ' : rTe City o ey, a Minnesota municipal corporation <br />By: <br />J <br />Kurt U rich, City Administrator <br />Dated: I l - r Z - ,2019 <br />Dated: <br />Page l0 of 13 <br />,2019 <br />