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<br />~. ~y December 31.1991. neveloper ~il comp ete t e rout tT6 Db <br />tbe extension of 153rd Ave. and deed tbe right-cf-",ay to tile City <br />for 5.id roadway. <br /> <br />5. Beginning in 1988 and lasting until tbe final closure of tbe <br />landfill. tbe Developer will sponsor at no cost to tbe City. one <br />day per year of free landfill service afforded to eacb resident of <br />Ramsey. <br /> <br />However. if the previous conditions are met ",itb the exception of any <br />of tbe following. <br /> <br />An operational ski bill recreational facility located on tbe <br />slopes of tbe landfill is approved. <br /> <br />Ihe ski bill facility can be operated ,at least <br />five years. <br /> <br />montbs out of <br /> <br />Ihe Developer can obtain insurance at a reasonable cost to operate <br />a ski bill facility. <br /> <br />!be Developer is able to enter into an agreement ",itb an operator <br />for the ski hill facility at reasonable costs. <br /> <br />Tbe City enters into an agreement ~ith the Developer to subsidi:e <br />the operation of the ski hill facility if the revenues do not <br />exceed tbe operating expenses. <br /> <br />tbe Developer ",ill: <br /> <br />..... ..__0.'_.' _ _. _ .. <br /> <br />2. <br /> <br />:. Deve20per ~i2l escro~ $ to be usee to acquire develop <br />and cpe=ete an ~lte=~a:e =ec=ea=icn~l facility in tbe C-i:y of <br />Ra=sey. <br /> <br />\-111. Even~s 0: De:~ult. <br /> <br />A. Ey the Developer: <br /> <br />1. If ~ny representation. contract. or ~~rraDty by Developer is untrue <br />~~ any ~a:e=ial respect ~hen maQe. <br /> <br />2. railure to co:::pl)" ;,,-ith tbeterms 0: tbe agree:::ent. <br /> <br />3. Bank=~?t:y. <br /> <br />E. Ey City: <br /> <br />":, <br />. <br /> <br />1. railure to comply ~itb the agreecent. <br /> <br />, C\~ <br />