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1997-12-22 - CC Packet
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1997-12-22 - CC Packet
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Lakeland Hills ENGINEER'S Copy <br /> Develonment Agreement Revised October 15, 1997 <br /> 197 Pro nd substantive objections to the installation of the public ' ments <br /> and the special as ts, including but not limited t requirements and <br /> any claim that the assessment e e o the property. In the event the <br /> total of all City Installed Irn his is less finally estimated by the City <br /> Engineer in hi _ Ltty report, Developer waives any a hts otherwise <br /> pursuant to MSA 429.081. <br /> — 4 v T ents of Snecial Assessments h; Developer Dev errs. <br /> successors, or assts ees that n issuance of certificate of <br /> occupancy, to pay cli at impro assessed or to be assessed <br /> gicement against such property. <br /> ,r a certificate of occupancy is issued before the special assessments hav r <br /> levie., evcloper, its heirs, successors, or assigns shall pay the sum of <br /> �a�97 cash equal to oineer's estimate of the s assessments for such <br /> improvements that would be agains' roperty. Upon such payment, the <br /> City shall issue a certifica'° ow e assessments are paid Ln full. <br /> Notwithstand ng the ' ce of said certificate, t e Loper shall be liable to the <br /> City for eiici =ncy and the City shall pay the Develope Surplus arisin7 <br /> the payment based upon such estimate. <br /> r <br /> Accelerati Upon De;al _lt In the event the Developer violates any of ` <br /> ovetta U, eDndibons, or agreements herein contained to be performed b thv <br /> D Loper, viola es any ordutattce, rule, or ree lation of the City, mty of <br /> Anoka, tate of Minnesota, or other governmental entity having ju iction over i <br /> the plat, 0, ails to nay any installment of any special assessme evied pursuant j <br /> hereto, or any ' Merest thereon, when the same is to be pai ursuant hereto, the <br /> City, at its option, i addition to its rights and remedies reunder, after ten (10) <br /> days' written notice the Developer, may decla all of the unpaid special <br /> assessments which are the stimated or levied pu ant to this Agreement due and 1 <br /> payable in fill, with interes . The City y seek recovery of such special <br /> assessments duc and payable fro e se ity provided in paragraph (B) hereof. <br /> In the event that such security is insu tent to pay the outstanding amount of such <br /> special assessments plus accrued • serest, e City may certify such outstauding i <br /> special assessment in full i the County ditor pursuant to MS 429.061, <br /> Subdivision 3, for collet = n the following year. The City, at its option, may <br /> commence legal actin! gainst the Developer to collet e entire unpaid balance of <br /> the special assess ms then estimated or levied pursua bereto, with interest, <br /> including real able attorney's fees and Developer shall be It e for such special <br /> assessmen and, if more than one, such liability shall be joint and eral. Also, if <br /> ;fu se e De ,oper violates any term or condition of this agreement, or if an avment is <br /> ' ade by Developer pursuant [o this agreement, the City, at its opts may <br /> to issue building permits to any of the property within the plat on whit e <br /> assessments have not been paid. <br /> 260 /081 - 19:14. Feb Page 8 <br />
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