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07-26-21-R
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07-26-21-R
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7/26/2021 8:02:19 AM
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<br />216111v1 <br />coverage prior to the City signing this Agreement or issuing any permits. The certificate shall provide that <br />the City must be given advance written notice of the cancellation of the insurance. <br /> J. If building permits are issued prior to the acceptance of public improvements, the <br />Developer assumes all liability and costs resulting in delays in completion of public improvements and <br />damage to public improvements caused by the, Developer, its contractors, subcontractors, material men, <br />employees, agents, or third parties. <br /> K. Each right, power or remedy herein conferred upon the City is cumulative and in <br />addition to every other right, power or remedy, express or implied, now or hereafter arising, available to <br />City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein <br />set forth or otherwise so existing may be exercised from time to time as often and in such order as may be <br />deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any <br />other right, power or remedy. <br /> L. The Developer will pay in full all invoices submitted to it by the City within sixty <br />(60) days after receipt which reasonably evidence those costs incurred in the drafting, enforcement and <br />supervision of this Agreement, including reasonable engineering, planning, and attorney's fees. If the <br />invoices are not paid on time, the City may halt all development work until the invoices are paid in full. <br />Invoices not paid within sixty (60) days shall be subject to an eight percent (8%) per annum interest <br />charge. <br /> M Not applicable. <br /> N Retaining walls that require a building permit shall be constructed in accordance <br />with plans and specifications prepared by a structural or geotechnical engineer licensed by the State of <br />Minnesota. Following construction, a certification signed by the design engineer shall be filed with the City <br />Engineer evidencing that the retaining wall was constructed in accordance with the approved plans and <br />specifications. All retaining walls the development plans, or special conditions referred to in this Agreement
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