Agenda - Council - 03/28/2023 - Laserfiche WebLink

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niav be satisfied bN= proN idin the CITY W' Ith a certified copy of the minutes of the (overrrrn board of PERNMITTEE. o. F ecordini of This Contract. See Section 16 d above. P. Violation of This Contract. If PERMITTEE fail to perform n\- of the terms of this Contract. the CITE' shall be entitled to recover. from PERNMITTEE or the issuer of its financial guarantee. the full amount of an\7 and all financial .,guarantees or w-ithhold the Certificate of occupancy as defined in Section 16 m abo !e. Breach of anN, of the terms of this Contract b\, PERMITTEE shall b ,Trounds for denial of a building err -nit for anv portion of the Property., still ow-n d bN7 PERMI TTE , q. Contract Bindi ) On Successors and Assions. This Contract shall be bindrlic, upon the parties, and their respective successors and assi ns. r. Letters of Credit. All letters of credit presented as a financial Guarantee. if required prior to issuance of a Certificate of Occupancv, shall be first approved as to form and content prior to acceptance b F the CITE'. 17. lie urrer rents for Burldi,w Permit and Certificate of occu ancv. . No buddirI�� perinit for any lot in the flat shall be issued until: a) a Class . dm,ima surface is installed to within goo feet of the proposed structure: b) a Certificate of Surve�% including the survey information required b-N, the CITY- has been supplied to the CITY Burldrna official: c all the financial guarantees required b,\: the CITE' have been satisfied: (d_) a permit f rain the Lower Rum River Watershed ManacTeinent Orfaanization has been obtained: e) a permit from Anoka oust-v Soil onserN atlon District has been obtained(if necessary+): and f this Contract has been signed and received by the CITY. �. F b. No Certificate of occupancx, for any lot in the Plat shall be issued until: a '%.ehicular access to the lot is provided. ir'cludin- installation of at least one leer of bitumMous Surfacing- b all utilities are in place. operational and accepted by the CITE' in accordance vvith this Agreement: c for lots that have a slope of less than 2%. a certificate of grading, prepared b ° a licensed (State of Minnesota) professional lard surveyor. is proN ided to the CITE' documentina that the flattest c rade on the lot is 1 % or greater: and d) boulevard sod and landscape tree. or escrolk' for same. ha%,,e been r N,ided. C. .All im r x'ements included in the Perr ittee Plans. includincy amendment required of the City staff Review Letter elated .lure ` . 1 l . J eA ,r . � . , 01 r completed. or financial guarantee in the amount of 1 % the Cite En(Tineer` estimate of the cost of said improvements is secured in the form of cash esc:row, or letter of credit for- the parkinparkincy lot and related items. Development Confract page 7 (?f 7