5.0. SR 04-21-1994 - Laserfiche WebLink

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FROM L~RKIN HOFFM~N D~LY LINDGREN 612-8963265 04.20.1994 12:55 P. 14 I J I e Charges to Elk River Municipal Utilities, and shall provide evidence of payment to the City prior to release of the final plat for recording. (06) Developer shall reimburse the City for the City's costs of reviewing the preliminary and final plat for the Subdivision prior to release of the final plat for recording. (07) Street lights shall be installed along Freeport Avenue from Jackson Avenue to School Street and along 191st Avenue from Freeport to Highway 169 at Developer's expense. Elk River Municipal Utilities shall determine the location and type of street light to be installed and shall determine whether the street lights will be installed by Developer or by Elk River Municipal Utilities. If installed by Elk River MUnicipal Utilities, Developer shall make payment for the street lights directly to Elk River Municipal Utilities and failure to do so shall be considered a violation of this Agreement. (08) Street signs shall be installed in the Subdivision by City and Developer shall reimburse City for the costs of the street signs. 14.) General Provisions - e! I I I I (01) Building and Occupa~cy Permits - If the Developer fails to comply with any of the provisions hereof, the City may refuse to issue a building permit or certificate of occupancy for any lot or parcel in the Subdivision except that City will not withhold the issuance of a building permit or certificate of occupancy solely for non-payment of special assessments for parcels sold to third parties unrelated to Developer or its partners if the third party owner has either paid in full its share of the special assessments pursuant hereto or provided alternative security pursuant to paragraph 12(2) of this Agreement. City will not issue any Certificate of Occupancy for any building constructed on any lot or parcel in the Subdivision until all Improvements are completed and approved by the City Engineer. Developer agrees to advise purchasers of any lot or parcel within the Subdivision of the existence of this Contract and the obligations and restrictions created herein prior to the completion of a sale. Further, Developer agrees to save and hold the City harmless from any and all claims or actions arising from the right to withhold the issuance of such permits and certificates and from other provisions hereof. (02) Binding Effect - The terms and provisions hereof shall be binding upon, and inure to the benefit of the heirs, representatives, successors and assigns of the parties hereto and shall be binding upon all future owners of all or any part e 14.