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24. Reimbursement to the City. The PERMITTEE agrees to reimburse the CITY for all costs <br /> incurred by the CITY in defense or enforcement of this Agreement, or any portion thereof, <br /> including court costs and reasonable engineering and attorney's fees. <br /> 25. Invalidity of Any Section. If any portion, section, subsection, sentence, clause, paragraph or <br /> phrase of this Agreement is for any reason held to be invalid by a court of competent jurisdiction, <br /> such decision shall not affect or void any of the other provisions of this Agreement. <br /> 26. Proof of Authority. When the PERMITTEE is a corporation, the CITY requires proof of <br /> authority by the corporation to execute this Agreement. This proof of authority may be satisfied <br /> by providing the CITY with a certified copy of minutes of the corporate Board of Directors granting <br /> such authority. <br /> 27. Violation of This Permit. If the PERMITTEE fails to perform any of the terms of this <br /> Agreement in the manner required by the CITY, the CITY shall be entitled to recover, from the <br /> PERMITTEE or the issuer of PERMITTEE financial guarantee, the full amount of any and all <br /> financial guarantees. Breach of any of the terms of this Agreement by the PERMITTEE shall <br /> also be grounds for denial of Building Permit or issuance of Certificate of Occupancy. <br /> 28. Certificate of Occupancy. The term"Certificate of Occupancy"as used in this Agreement shall <br /> be defined as a document issued by the CITY's Building Official, which authorizes the structure <br /> to be used for its intended purposes. <br /> 29. Agreement Binding on Successors and Assigns. The PERMITTEE agrees that this Agreement <br /> shall be binding upon its successors and assigns. <br /> 30. Notices. Required notices shall be in writing, and shall be either hand delivered to the Parties, its <br /> employees or agents, or mailed to them by certified or registered mail at the following address: <br /> TO PERMITTEE: <br /> PSD, LLC <br /> Attn: Mathias Kuker <br /> 7533 Sunwood Drive NW, Suite 315 <br /> Ramsey, MN 55303 <br /> TO THE CITY: <br /> City of Ramsey <br /> Attn: Community Development Director <br /> 7550 Sunwood Drive NW <br /> Ramsey, MN 55303 <br /> PSD,LLC/Skyline on Sunwood <br /> Development Agreement <br /> Page 6 of 8 <br />