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satisfied by providing the CITY with a certified copy of minutes of the corporate Board of <br />Directors granting such authority. • <br />31. Recording of This Agreement. The DEVELOPER shall record this Agreement in the <br />office of the Anoka County Recorder and agrees that the terms and provisions of this <br />Agreement shall run - Mth the land and shall bind the DEVELOPER, its successor and <br />assigns. <br />32. Violation of This Agreement. If the DEVELOPER 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 <br />the DEVELOPER or the issuer of DEVELOPER'S financial guarantee, the full amount of <br />any and all financial guarantees. Breach of any of the terms of this Development Agreement <br />by the DEVELOPER shall also be grounds for denial of Building Permits for buildings in <br />the Plat. <br />33. Agreement Binding On Successors and Assigns. The DEVELOPER agrees that this <br />Development Agreement shall be binding upon its successors and assigns. <br />IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this <br />day of 5 2007. <br />OAKWOOD LAND DEVELOPMENT, INC. • <br />By: <br />Its: <br />STATE OF MINNESOTA ) <br />)ss. <br />COUNTY OF ANOKA ) <br />The foregoing was acknowledged before me this day of , 2007, <br />b the of Oakwood Land Development, Inc., a <br />corporation under the laws of the State of Mim iesota, on behalf of the corporation, <br />Notary Public <br />CITY OF RAMSEY: <br />ATTEST: <br />Brookfield Tldrd Addition <br />Development Agreement <br />Page 10 of 11 <br />• <br />-106- <br />