Agenda - Council - 12/13/2005 - Laserfiche WebLink

Home

provisions of this COntract shall run with the land and shall bind the DEVELOPER, its successor and assigns. R. Violation of This Contract. If the DEVELOPER fails to perform any of the terms of this Contract in the mariner required by the CITY, the CITY shall be entitled to recover, from the DEVELOPER or the issuer of DEVELOPER'S financial guarantee, the fttlI amount of any and all financial guarantees. Breach of any of the terms of this Development Contract by the DEVELOPER shall also be grounds for denial of Building Permits for buildings in the Plat .... ~ .... S. Contract Bindin~ On Successors and Assi~n's'i''~' The DEVEL'OPER agrees' that this Development Contract shall be binding upon its~ sU~d~ssors and assigns. 26. Requirements for Buildin~ and Occucancv Permits. :NO ~Uilding p~.it/'or any lot in the Plat shall be issued until: (a) a Class. 5 driving surface i~ installed to Wi'thin 300 feet of the structure; (b) a Certificate of Survey, includkn~ that durvey informati6~?i'J~equired by O~e CITY has been supplied to the CITY Buildin~ :0fficial; and(c) all the finaheial:"guarantees 'required by the CITY have been satisfied. (d) this' Devet6pment Contract has been signed and received by the CITY, (e)' The Plat has b~n:::recorded wifl~ Anoka County, (f) Marketable Title has been determined: on the Plat. · ': :'"" No occupancy permit for anY lot in the:'Pl'at: Shall be issued until::: (a) vehicular access to the lot is provided including the installation'of at ieas~i?ne layer of'bltuminous surfacing; (b) all utilities are in place, operational and accepted CY"the :CITy;. (c) for lots that have. a slope of less than 2%, a certificate :of grading, Prepared byiila licensed (State of Minnesota), professional land surveyor, must be provided':m the CITY documenting that the flattest grade on th.is lot is 1% °i' greater will require certificates of grading; and (d) boulevard sod and landscape tree, or es~roTM for same, have been provided. . 27. Parkland' and:Trail Dedication. The'SUbject property is located in the Greenland Hills Distric~i In accordance with the Park and Trail Dedication-Contract dated April 12, 2005, t~ere..!s a park paym'entl 9bligat!ondue'to the CITY in amount of Five-Thousand Dollars and no centS.($5,000.00) (1 acres x $5'O00/acre). It is noted that the CITY has already received $6.4 mill:i:0...n?rom RAMSEy TOWN 'CENTER, LLC in land and cash for for park and trail improvements within the Town Center project area, as outlined in the Master DeveloPment Agreement. ; 28. Sidewalk Construction. The DEVELOPER shall construct and pave, in accordance with CITY standards, concrete sidewalk with pedestrian ramps in locations prescribed by the CITY as shown on the final plat submittal dated December 5, 2005 and as amended by City Staff Review, at a grade not to exceed 5%. 29. Notices. Required notices to the DEVELOPER shall be in writing, and shall be either hand delivered to the DEVELOPER, its employees or agents, or mailed to the DEVELOPER by certified or registered mail at the following address: -442- Ramsey Town Center llth Addition Development Contract Page 9 ofll Pages