2021-10-13 CC Packet - Laserfiche WebLink

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st and 21 Avenue North. At the time of Plat approved, the City approved development st plansDevelopment Plans for construction of this street from 21 Avenue North and ending in a cul-de-sac on Block 1, Lot 2. The parties hereto acknowledge that at the time of future sale and development of Outlots A or B, a determination shall be made regarding the necessity of extending th Michaud Way westerly as a thru street to 20 Avenue North, if such extension is supported by a traffic study. If a traffic study supports the need for the extension of Michaud Way, the extension, and all associated modifications to the county road shall be required at no cost to the City. B. TORRENS PROPERTY. The City approved the Preliminary Plat subject to a condition that the Final Plat would only contain land where Title was registered as Torrens property. At the time of Preliminary and Final Plat approval, Block 1, Lot 1, was registered as a Torrens parcel and Block 1, Lot 1A, was registered as an Abstract a parcel. In order to obtain approval of a Final Plat for these lands, the Developer was required to register Title to all lands on the Final Plat as Torrens property, and agreed that no development can occur on Block 1, Lot 1A, unless it is registered as Torrens. 26. MISCELLANEOUS. A. of this Agreement between the Parties and any subsequent amendments or codicils to same. B. Third parties shall have no recourse against the City under this Agreement. C. Upon a breach of this Agreement, and the breach has not been remedied within the applicable notice period, breach of the terms of this Agreement shall be grounds for denial of building permits, future phases of development, certification of occupancy, future planning or zoning applications, plats, or development contracts by or with Developer, assignees, owners of parcels within the Plat, or any party subject to this Agreement. Version 10/11/2021 Page 17