Laserfiche WebLink
26. 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 /> 27. 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 /> 28. CONSTRUCTION DEADLINE. Within one year from the Closing Date, Buyer <br /> shall construct and obtain a certificate of occupancy from the City of Ramsey for a <br /> minimum 1,800 SF oil change building and construction of 20 space parking lot on <br /> Northstar Marketplace site and connection to oil change development(Concept Plan on <br /> attached Exhibit B) and compliant with COR Zoning requirements to be further defined <br /> by an approved Site Plan. At Closing, a"Right of Re-Entry Agreement" shall be <br /> executed and recorded against the Property providing that, in the event the above <br /> deadline is not met, Seller has the right to reclaim title to the parcel(s) for which a <br /> 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. Central 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 (if needed), development agreement, and building <br /> exterior visual renderings with the City of Ramsey for its intended project before Closing. <br /> The Development Agreement and Site Plan must comply with all local zoning ordinances <br /> and design standards, including The COR Design Standards. <br /> SELLER: The City of Ramsey, a Minnesota municipal corporation <br /> By: Dated: 12024 <br /> Mark Kuzma, Mayor <br /> By: Dated: , 2024 <br /> Brian Hagen, City Administrator <br /> Page 10 of 13 <br />