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the City Building Official; 7) that, upon completion and acceptance of the Repairs, City shall <br />make payment to th <br />not to exceed the Cost of the Work identified on Exhibit B; 8) that payment by the City of the <br />Cost of the Work shall create an unpaid special charge against the Property; 9) that this unpaid <br />special charge shall be specially assessed against the Property by the City pursuant to Minnesota <br />Statutes, Section 429.101; and 10) that the special assessment shall be payable in _____ equal <br />annual installments with interest accruing on unpaid installments at the rate of _____%. <br /> <br />Owners expressly waive the right to a hearing on assessments levied pursuant to this petition; <br />expressly waive objection to any irregularity with regard to the assessment of the Property for <br />the Cost of Repairs; expressly agree that the amount assessed is reasonable; expressly waive any <br />claim that the amount assessed is excessive; expressly waive all rights of appeal, including any <br />rights under Chapter 429, Minnesota Statutes, from the assessment by the City of the Cost of <br />Repairs; and expressly agree to pay when due all assessments levied for the Cost of Repairs. <br /> Owners represent and warrant that they are the sole fee Owners of the Property; agree to <br />make payment of all assessments levied pursuant to this Petition, Waiver and Agreement for <br />Payment of the Cost of Repairs; agree that they shall be personally liable for payments not made; <br />that all assessments levied pursuant to this petition shall be paid in full prior to or at the time of <br />transfer of the Property to a subsequent owner; and agree that this Agreement may be recorded <br />against the title to the Property. <br /> Dated this _____ day of , 20___. <br /> OWNER <br /> <br /> By: <br /> Its: <br />374 <br />