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<br /><. Mail to the addresses hereinafter set forth by certified mail <br /> (return receipt requested) . Such notice or demand shall be <br /> deemed timely given when delivered personally or when deposited <br /> in the mail in accordance with the above. The addresses of the <br /> parties hereto are as follows until changed by notice given <br /> above: <br /> If to the City: <br /> Ms. Charlotte McNiesh <br /> Clerk-Administrator <br /> City of Arden Hills <br /> City Hall <br /> l450 West Highway 96 <br /> Arden Hills, Minnesota 55112. <br /> If to the Developer: <br /> (1) Mr. Thomas M. Burke <br />. Opus Corporation <br /> 9900 Bren Road East <br /> P. O. Box 150 <br /> Minneapolis, Minnesota 55440 <br /> (2) Mr. and Mrs. George J. Reiling <br /> 66l Heinel Drive <br /> Roseville, Minnesota 55113 <br /> 12. Binding Effect; Recordation of Agreement. The terms <br /> and provisions of this Agreement shall be binding upon and shall <br /> inure to the benefit of the parties hereto and their representa- <br /> tives, successors and assigns, and it shall also be binding upon <br /> and inure to the benefit of all present and future owners of all <br /> or any part of the Subdivision and sha 11 be deemed to be cove- <br /> nants running with the land. This Agreement, at the option of <br /> the City, may be placed of record so as to give notice hereof to <br />. all subsequent purchasers and encumbrancers of all or any part of <br /> the Subdivision, and all recording fees, if any, shall be paid by <br /> Developer. <br /> ---- <br />