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<br />7.0 Remedies. Upon the occurrence of an event of default the City, in its sole <br />discretion, and in addition to any other remedy which may be available to it may refuse <br />to execute the final plat and/or issue building permits for the lots contained within the <br />plat. <br /> <br />IN WITNESS WHEREOF, the City and Developer have caused this Agreement to be <br />executed as of the date and year first above written. <br /> <br />Pursuant to Authorization of the City Council <br />on the 25th day of February, 2008. <br /> <br />CITY OF ARDEN HILLS, <br />a Minnesota statutory city <br /> <br />By <br />Stan Harpstead <br />Mayor <br /> <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF ) <br /> <br />On this _ day of , 2008, before me, a notary public within and <br />for said county, personally appeared Stan Harpstead, to me known to be respectively <br />the Mayor of the City of Arden Hills, and he executed the foregoing instrument and <br />acknowledged that he executed the same by authority of and on behalf of City of Arden <br />Hills. <br /> <br />Notary Public <br /> <br />3 <br />