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recorded and all necessary easements shall have been conveyed to the City,unless the City authorizes <br /> in writing the commencement of limited construction activities. <br /> (02) Incorporation by Reference. The exhibits to this Agreement shall be and hereby are made a <br /> part of this Agreement by reference as fully as if set forth herein in full. <br /> (03) No Replacement. This Agreement is in addition to and is not in replacement of the terms <br /> and conditions of the Petition for Public Improvements and Waiver of Right to Public Hearing and <br /> Right to Object relating to the Subdivision executed by Developer. <br /> (04) Regulatory Compliance. The Developer represents to the City that the Subdivision complies <br /> with all city, county, metropolitan, state, and federal laws and regulations, including but not limited <br /> to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City determines <br /> that the plat does not comply, the City may, at its option, refuse to allow construction or <br /> development work in the Subdivision until the Developer does comply. Upon the City's demand,the <br /> Developer shall cease work until there is compliance. <br /> (05) Third Parties. Third parties shall have no recourse against the City under this Agreement. <br /> (06) Breach. Breach of the terms of this Agreement by the Developer shall be grounds for denial <br /> of building permits,including lots sold to third parties. <br /> (07) Severabilit<r. If any portion, section, subsection, sentence, clause, paragraph, or phrase of <br /> this Agreement is for any reason held invalid, such decision shall not affect the validity of the <br /> remaining portion of this Agreement. <br /> (08) Damage to Improvements. If building permits are issued prior to the acceptance of <br /> Improvements, the Developer assumes all liability and costs resulting in delays in completion of <br /> public Improvements and damage to Improvements caused by the City, Developer, its contractors, <br /> subcontractors, material men, employees, agents, or third parties. No sewer and water connections <br /> or inspections may be conducted and no one may occupy a building for which a building permit is <br /> issued on either a temporary or permanent basis until the streets needed for access have been paved <br /> with a bituminous surface, the utilities are completed, and the vegetation is established and accepted <br /> by the City Engineer. <br /> (09) Amendments. The action or inaction of the City shall not constitute a waiver or amendment <br /> to the provisions of this Agreement. To be binding, amendments or waivers shall be in writing, <br /> signed by the parties and approved by written resolution of the City Council. The City's failure to <br /> promptly take legal action to enforce this Agreement shall not be a waiver or release. <br /> (10) Binding Contract. This Agreement shall run with the land and may be recorded against the <br /> title to the property. The Developer covenants with the City, its successors and assigns, that the <br /> Developer is well seized in fee title of the property being final platted and/or has obtained consents <br /> to this Agreement,in the form attached hereto,from all parties who have an interest in the property; <br /> that there are no unrecorded interests in the property being final platted; and that the Developer will <br /> indemnify and hold the City harmless for any breach of the foregoing covenants. <br /> (11) Insurance. The Developer and contractor shall acquire public liability and property damage <br /> insurance covering personal injury,including death, and claims for property damage which may arise <br /> out of the Developer's work or the work of their subcontractors or by one directly or indirectly <br /> employed by any of them. The insurance must be maintained until six (6) months after the City has <br /> accepted the Improvements. Limits for bodily injury and death shall be not less than $500,000 for <br /> 12 <br />