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<br />Improvemets at the tJme 01 the raqueat=d reduction. The <br />amount of reducdon wm be dOlerrnmlQ by the City II1d such <br />reclommondatlon will be S1lbmitted to the Ci~ COuncu for <br />lotiOn. <br /> <br />C. RECORDING AND llBLRASB. The Developal' asras that the terms of this DaV(llopJ;nl11t <br />Contract shall be a covenant 011 this II1tire project a1to. The Oewlopor agrees that the City sball <br />hive the right to record a copy of this Dewlopment Contraot with the Anaka County <br />Record8l'~ar to give notIeo to fb1urc purcbssera and owners. <br /> <br />D. REIMB~MENT OF COS11. The Devet01*' agrees. to fully relmbW'St the City for all costs <br />Incurred by the City mc1udJ.D& but not limlted to, the actual costs 'of ccmstmcdon of said <br />Improvements, ens{neerins fees, legal fees, hlapllotion fees. Interest OOlts. Gom of acquisition of <br />neoeasary asemenra, if any, and any other coats IIlcurred by tbe City relatfng to this Development <br />Contract II1d the lneea.\Jation and flDlmcina of the aforementioned Improvsmems. <br /> <br />E. QWNBRSRIP Ol!.JMPROVR~, Upon completion ofthc,; work tmd conmctlon required <br />by this CODtraat IU\d acceptance by the Ci\)', the Improvements 1)'1ns within the publIc easement$ <br />shall become City property without fUrther notlce or actJClll, <br /> <br />F. MISCELLANlIDUS PROVISlem.a. <br /> <br />1. Reimbursement of Coltll for Defense. The Dlveloper asrees to relmbme the <br />City for 411 COit& Incurred b)' the Clty In dofcmsa of 811forcement oflhis Contract, <br />or my portion thereof; laaluding court costa and re8$Onable eqlneer1Dg and <br />attorney's fees; <br /> <br />2. Vallcllt)'. If' any portion, seotlon, subsection, sentenoe, clause, psrqraph, or <br />phrase In this Contract Is for any reason held to be InvaUcl by I court af <br />competent jurl4diotion. such decision shall not affeot or void any of the other <br />provlslcms of the Development Colltraot. <br /> <br />3. Waiver. The action or 1m=ion of the City sheD DIll; con&titutc a waiver or <br />amendment to the provlaiolll of this.Asreamll1t. To be bln_ amel1dmeate or <br />waivers shall. be In writln& sJsned by the pertlea, and approved by wrlft$t1 <br />resolution oUte City CO\lI1Cil. The City's mil\U'o to promptly take legal action <br />to enforce this Asreemem shall not be a waiver Of release. <br /> <br />4. Binding Bffeot. The terms and provisions heroof' W1l be bindiq upon 8Ild Inure <br />to the benefit of the heirs, I'Ipmentatlv~ auocetsors, IUld iSSigns of the parties <br />hereto md shall be blndlng upon all future OWDers of all or any part of tlte <br />SubcUvtslCln 8!l.d shall be deemed coveD.8ftts I'DMinI with the land. <br /> <br />S. Notioc, Whenever In this Contract It shall be required or pemrltted that notIce or <br />demand be given 0.1' served by either" party to this Contract to or on tho other <br />party, such nodee or demand &.hall be deIlvered personalty or mailed by United <br />States mall to the addreslI8s set forth below by csrrlfied maf1 (return receipt <br />requested). Such notice or domed shall be deemed timely given whon delivered <br />persoD8.lly or when deposited in the maU in aooordance with the above. The <br />addrcssoa of' the parties hereto are l1li set forth below until cbansed by notloe <br />given liS per above: <br /> <br />Developer: <br /> <br />r (I....J';'..1I ~_i'1 JO.c:.k~ ~M~C'A"',l.L.c. <br />4886 H1ch'WIY 61. Suite 202 <br />White Bear Like, MN 5S 11 0 <br /> <br />900" d [81# v[ :60 SOOZlOY01 <br /> <br />V099 zgL 199 <br /> <br />dnmID A~OOl.NOW 3Hl:WOJ:I <br />