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6.1. & 6.2. SR 03-08-1999
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6.1. & 6.2. SR 03-08-1999
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<br />. <br /> <br />. <br /> <br />. <br /> <br />.. <br /> <br />E. <br /> <br />Landscaping and Amenities. Installation of all required seed, <br />sod, trees, landscaping and amenities. Amenities shall include <br />monument signs, foot bridges and other required amenities. <br /> <br />F. Platting and Survey. All costs, including attorney's, engineering <br />and consultant's fees, incurred in the preparation and submission <br />for approval, rezoning and other zoning approvals, preliminary <br />plat, final plat, final d~velopment plan and other requirements <br />and documents required by the City of Elk River, Sherburne County <br />or State of Minnesota for the development of the Property. <br /> <br />G. Construction Management. On-site management of the development. <br /> <br />H.City Charges. Charges by the City of Elk River for engineering" <br />legal or administrative costs resulting from Buyer's submissions <br />of necessary approvals for the development of the Property, and <br />any other fees required by the City. <br /> <br />I. Finance Costs. Costs for any Letter of Credit or credit enhancement <br />required by the City of Elk River or any governmental unit's utility <br />provider, loan commitment, title policy, recording, marketing and <br />reasonable legal fees, and loan origination fees, or any other <br />financing costs. <br /> <br />J. Advertising and Closing Costs. Costs for brochures, signs necessary <br />to promote the development, and reasonable closing costs. <br /> <br />K. <br /> <br />Real Estate Taxes. Real estate taxes due ,and payable in the year <br />of this Agreement shall be paid by Seller and Buyer, pro rata as <br />of the Date of Closing. Seller shall pay, without deferral, all <br />delinquent taxes, penalties and interest thereon or before the <br />Date of Closing. Real estate taxes for new tax parcels subdivided <br />from the Property ("New Tax Parcel") are as follows: <br /> <br />i. Real estate taxes required to convey each New Tax Parcel upon <br />the sale to a third partYi and <br /> <br />ii. The pro-rata share of real estate taxes due and payable for <br />the entire Property, calculated as follows: <br /> <br />real estate taxes due and' payable in any given year are <br />allocated solely to the PropertYi <br /> <br />real estate taxes for the Property for the year are <br />allocated only to a New Tax Parcel which is recovered <br />by Buyer as a Development Cost pro rata for each New <br />Tax Parcel sold in the portion of the Property. <br /> <br />L. <br /> <br />Special Assessments. Seller shall pay all special assessments <br />pending and/or levied against the Property as of the Date of <br /> <br />-3- <br />
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