2018 05-15 CC PACKET - Laserfiche WebLink

Home

Section 15.5. Clerical Revisions. a the event that any technical or. clerical revisions are needed in this document or if for any reason the County Recorder deems this Agreement un- recordable, the Developer shall cooperate with the City in the execution or amendment of any revised development agreement. Section 15.6. Binding Effect, The terms and provisions hereof shall be binding upon and inure to the.benefit ofthe heirs; representatives, successors and assigns of the parties hereto and shall be binding upon all future owners of all or any part ofthe Subdivision and shall be deemed covenants running with the land. Notwithstanding the foregoing; individual homeowners shall.not be obligated to perfonn Developer's obligations hereunder. Section 15.7, Counterparts. This Agreement may be executed in. any number of counterparts, each of which. shall constitute one and the same instrument. Section 15..8. Law Geyeming. This . Agreement will be governed and. construed. in accordance with the laws ofthe State of Minnesota. Section 15.9. Time of Performance. The Developer shall install all required improvements in accordance. with the timetables set forth in this Development Agreement. The Developer: may, however, request in writing .an extension of time from the City. If an extension is granted, it shall be conditioned upon updating the security posted by the Developer to reflect cost increases; if any, and the extended completion date. IN WITNESS WHEREOF, the City has caused this Agreement to be duly executed in its name and behalf and the Developerhas caused this Agreement to be duly executed in its name acid behalf on or as ofthe date first above written. LANDMARK OF ANOK.A, LLC By: Its: 13r Its: 21.