04-11-2005 Council Packet - Laserfiche WebLink

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12. Rctprailbility for Costs. The Developer shall reimburse the City for all costs incuired by the City for providing construction inspections. This cost will be periodically billed directly to the Developer based on the actual progress of the construction. The Developer shall reimbui se the City for costs incuntd in the enforcement of this Contract, including engineering ai id attorneys' fees. The Developer shall pay in foil all bills submitted to it by the City for obligations incurred under this Contract within thirty (30) days after receipt. Ifthe bills are not paid on time, the Citymay halt all Property development work and constniction, until the billsare paid in foil. Bills notpaid within thiity(30)days shall accrue interest at the rate of 8% per year. 13. Private Utilities. The Developer shall have installed and pay for the installation of electrical, natural gas, telephone, and cable television service in conjunction with the overall development inqnovements. These services shall be provided in accordance with each of the respective franchise agreements held with the City. 14. Developer Representations and Covenants. The Devclcper hereby makes the following representations and covenants: («)The Developer has the legal authority and power to enter into this Agreement. Upon request, the Developer shall ftimish the City with evidence satisfactory to the City that it has the authority of the fev owners and contract for deed purchasers to enter into this Agreement. The Developer reasonably expects to obtain finan ;ial resources sufficient to enable the completion of the Improvements. The Developer will construct, operate and maintain the Improvements in accordance with the tenns of thr Agreement and ail local, state and federal laws and regulations, and will construct orpaythecostsofccMistruction ofany site improvements, utilities, landscaping, stormwater management facilities, roads, paricing facilities which are necessary in coimection with the construction of such improvements. At such time or times as nuy be required by law, the Developer will have complied with all local, state and federal environmental reviews, licenses, and will be in comp''ance with all requirements, laws, ordinances and regulations of federal, state, and local authorities, including but not limited to: 1. CityofOrono; 2. State of Minnesota, its agencies, dqiartments and commissions; 3. United States Army Corps of Engineers; 4. Watershed Districts); 5. Metixqwlitan Government, its agencies, departments and commissions. h GC-4 .Ir .’1. ifeistedBAdiaiUBiisi *'i.’r ■t-L.