Laserfiche WebLink
tlon, oay be filed in the chain of title for the property and the Owners agree to <br />execute whatever documents are necessary to insure the filing of this agreement <br />or a short form thereof. <br />14. The above described property is hereby rezoned from B-2 to LR-IA. <br />15. Owners hereby release the City, its employees, agents and elected <br />representatives, from any and all prior and present causes of action, known or <br />unknown, including but not limited to the rezoning of this property as provided <br />for herein, the denial of the 1979 marina license for the property, and the negotia <br />tion for and execution of this agreement. <br />16. The variances granted herein and the approval of the final plat for the <br />property shall be rescinded and be null and void if the Owners breach the terms of <br />this agreement and the owners fail to cure the breach within 10 days of notice <br />thereof. In such event,' future development ef the peepeety shall be limited <e owe <br />aiwgla faiiil3i let with one boiira f V. ^ « <br />17. In the event Owners submit a final plat in 1980, in compliance with this <br />agreement and the City has not approved the final plat within 90 days thereof, as <br />provided herein, then this agreement shall be null and void and the change of the <br />property from B-2 Lakeshore Business District to LR-IA One Family Lakeshore Residential <br />District shall be invalidated and the zoning of the said property shall revert back <br />to B-2 Lakeshore Business District use. <br />18. This offer by Owners shall remain open <br />upon the Otmers if signed by the City by _ _ <br />tance and shall be binding <br />19. City releases Owner for having operating a Marina in 1979 without a permit <br />and waives any rezoning fees and licensing fees due under the terms of this agree­ <br />ment. <br />CITY OF ORONO <br />William B. Van Nest, Mayor <br />And <br />administratoriner <br />7 James NcCle^ <br />Ca^lynne M. McCleary ^ <br />L*