Laserfiche WebLink
<br />,. <br />. <br /> <br />D. RECORDING AND RELEASE. The Developer agrees that the terms of this <br />Development Contract shall be a covenant on any and all property included in the <br />Subdivision. The Developer agrees that the City shallllave the right to record a copy of <br />this Development Contract with the Anoka County Recorder/Registrar to give notice to <br />. nlture purchasers and owners. <br /> <br />E. REIMBURSEMENT OF COSTS. Except as limited by Minnesota Statute 462.353 I, the <br />Developer agrees to fully reimburse the City for all eosts incurred by the City including, <br />but not limited to, the actual costs of construction of said improvements, engineering <br />fees, Icgal tees, inspection fees, interest costs, costs of acquisition of necessary <br />easements, if any, and any other costs incurred by the City relating to this Development <br />Contract and the installation and tinancing of the aforementioned improvements. <br /> <br />1". OCCUP A TION OF PREMISES. Thc Developer further agrees that It will not causc to <br />be occupied any premises upon the plat or any propcrty within the plat until the <br />completion of the gas, electric, telephone, cable television, watcr, and sewer <br />improvements required by this Development Contract havc been installed, unless the City <br />has agrecd in writing to waive this requiremcnt as to a specific premises. Furthermorc, <br />Developer shall be granted no certificates of occupancy for homes within the plat prior to <br />substantial completion of all Private and Street and Utility Improvements described in <br />this Contract, and as detailed in paragraph B.2(b). Building Permits shall be issued only <br />within the constraints as set forth previously ht:rein. <br /> <br />G. OWNERSIIIP OF IMPROVEMENTS. Upon completion ot'the work amI construction <br />required by this Contract and acceptance by the City, tht: improvemcnts lying within the <br />public easements shall become City propt:rty without further notice or action. <br /> <br />H. INDEJ'vINIFICATlON AND HOLD HARMLESS. The Developt:r shall hold the City and <br />its oftieers and employees harmless from claims made by itself and third parties for <br />damages sustained or costs incmred resulting from subdivision plat approval and <br />developmt:nt. The Developer shall indemnify the City illld its officers and employees tor <br />all costs, damages, or expenses which the City may payor incur in consequence of such <br />claims, including reasonable attomt:ys tees. Provided that nothing herein shall require <br />Developer to indemnify the City, its officers or employees from any violation oflaw or <br />from the consequences of their own negligence. <br /> <br />r. PROHIBITIONS AGAINST ASSIGNMENT OF AGREEMENT. Dt:vcloper rt:prest:nts <br />and agrees that prior to the completion of the Developer improvements as certificd by the <br />City: <br /> <br />I. Except by way of security tor, and only for the purpose of obtaining financing <br />necessary to enable the Developer to perform its obligations with respect to the <br />construction of the improvements under this Agreement and any other purpose <br />authorized by this Agreement, the Developer (except as so authorized) wiII not <br />make or create, or sufler to be made or created, any total or partial sale, <br />assignment, conveyance, or transter in any other mode or torm, with respect to <br /> <br />6 <br />