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of such failure for a period of thirty (30) days after written notice thereof from the City shall constitute a DEVELOPED default hereunder. within the sixty (60) day period after notice is given, a request may be made for a hearing (by either party) to be held before the City Council to determine if a default has occurred. Upon the occurrence of DEVELOPER default and failure to care, the City may withhold any certificate of occupancy for improvements proposed to he constructed. 10.2 Notwithstanding anything herein to the contrary* the DEVELOPER may convey a parcel or parcels of land within the PUD to a third party, and the conveyed parcels shall remain subject to all of the terms of the PUD specifically relating to said parcels. In that case} the parties agree as follows: 1. A default by the DEVELOPER, or its successors in interest, in the performance of the obligations hereunder, will not constitute a default with regard to the conveyed parcel and will not entitle the CITY to exercise any of its rights and remedies hereunder with respect to such conveyed parcel, so long as the owner of the conveyed parcel otherwise complies with applicable provisions of the PUD. A default with regard to a conveyed parcel will not constitute a default with regard to the parcels retained by the DEVELOPER or other conveyed parcels, so long as such retained or other conveyed parcels otherwise comply with applicable provisions of this Agreement. I � This Agreement shall be binding upon the parties, their heirs} successors} tenants, or assigns, as the case may be. 1.2 Breach of any material term of this Agreement by the DEVFLOPER shall be ground for denial of building permits} except as otherwise provided in Section 10.0. 11.3 If any portion} section} subsection, sentence, clause} paragraph or phrase of this Development Agreement is for any reason held invalid as a result of a challenge brought by the DEVFLOPER, their agents or assigns, the balance of this Agreement shall nevertheless remain in full force and effect. 11.4 This Agreement shall run with the land and shall be recorded in the Ramsey County Recorder's Office by the CITY. 11.5 This Agreement shall be liberally construed to protect the public interest_ 11.6 Due to the preliniinary nature of many of the plans and the timing of the overall development, addenda to this Agreement may be required to address concerns not specifically set forth herein. 1.7 The DEVELOPER represents to the CITY that, to the best of its knowledge, the Planned 1.4