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07-12-21-R
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07-12-21-R
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7/13/2021 12:53:55 PM
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7/13/2021 12:42:15 PM
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<br />2021-07-12 Final Version 21 <br /> L. The Developer will pay in full all invoices submitted to it by the City for <br />amounts payable under this Agreement within sixty (60) days after receipt which reasonably <br />evidence those costs incurred in the drafting, enforcement and supervision of this Agreement, <br />including reasonable engineering, planning, and attorney's fees. If the invoices are not paid on <br />time, the City may halt all development work until the invoices are paid in full. Invoices not <br />paid within sixty (60) days shall be subject to an eight percent (8%) per annum interest charge. <br /> M Developer shall be responsible for all snow removal from sidewalks on <br />vacant lots to the extent that City Ordinance requires snow removal from sidewalks on <br />constructed homes. Developer shall be responsible for ensuring that all vacant lots comply with <br />the City’s Code regarding nuisances. <br /> N Retaining walls that require a building permit shall be constructed in <br />accordance with plans and specifications prepared by a structural or geotechnical engineer <br />licensed by the State of Minnesota. Following construction, a certification signed by the design <br />engineer shall be filed with the City Engineer evidencing that the retaining wall was constructed <br />in accordance with the approved plans and specifications. All retaining walls the development <br />plans, or special conditions referred to in this Agreement required to be constructed shall be <br />constructed before any Certificate of Occupancy is issued for a lot on which a retaining wall is <br />required to be built. <br /> 34. SUCCESSORS AND ASSIGNS. The Developer may not assign this Agreement <br />without the written permission of the City Council until such time as the Development is <br />completed as required hereunder. Upon completion of the Development and satisfaction of all of <br />Developer’s obligations hereunder, the City shall, upon request from the Developer, record a <br />termination of this Agreement, following which this Agreement shall be null and void and the
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