2013_0128_packet - Laserfiche WebLink

Home

1 In addition to the remedies and amounts payable set forth or permitted above, upon the occurrence 2 of an event of default, the Developer shall pay to the City all fees and expenses, including attorneys 3 fees, incurred by the City as a result of the event of default, whether or not a lawsuit ar other action 4 is formally taken. 5 6 U. Assign. The Developer may not assign this Agreement without the written permission of the 7 Roseville City Council. g V. Notices to the Developer. Required notices to the Developer shall be in writing, and shall be either 9 hand delivered to Alex Hall, or an of�cer, employee or agent of the Developer, or mailed to the 10 Developer by registered mail at the following address: l 1 United Properties Residential LLC 12 3500 American Boulevard West, Suite 200 13 Bloomington, MN 55431 14 Attn: Alex Hall ls 16 W. Notices to the City. shall be either hand delivered to the City Engineer, or mailed to the City by 17 registered mail in care of the City Engineer at the following address: 1 s City of Roseville 19 Attn: City Engineer 20 2660 Civic Center Drive 21 Roseville, Minnesota 55113 22 23 X. Miscellaneous. 24 l. The terms and conditions of this Agreement shall inure to the benefit of and shall be 25 binding upon the parties hereto, and their respective successors and assigns. 26 2. If any portion, section, subsection, sentence, clause, paragraph or phrase of this 27 Agreement is for any reason held invalid, such decision shall not affect the validity of the 28 remaining portion of this Agreement. 29 3. The action or inaction of the City shall not constitute a waiver or amendment to the 30 provisions of this Agreement. To be binding, amendments or waivers must be in writing, 31 signed by the parties and approved by the Roseville City Council. The City's failure to 32 promptly take legal action to enforce a default under this Agreement shall not be a waiver 33 or release of such default. 34 4. This Agreement shall run with the land and shall be binding upon the Developer, and its 35 successors and assigns. The Developer shall, at its expense, record this Agreement with 36 the Ramsey County Recorder if the Property is abstract property and/or with the Ramsey 37 County Registrar of Titles if the Property is torrens property. The Developer shall, prior 38 to the time this Agreement is executed and recorded, furnish the City with title evidence 39 and make arrangements satisfactory to the City to confirm that at the time that this 4o Agreement is executed and recorded the Developer is the sole fee simple owner of the 41 Property and that there are no other parties having an interest in, or a lien or encumbrance 42 against the Property. No work shall commence on the Property prior to the recording of 43 this Agreement. Page 9 of 15