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g ^ees and Expenses: The Developer agrees to pay all City fees required per the curreiit City <br />Fee Schedule and further agrees to completely reimburse the City for all the variable additional <br />expenses it incurs in regard to the review and approval of the Improvements including, but not <br />limited to, direct City payroll and overhead, costs, and fees pmd to consultants and other <br />professionals. <br />7 Resolutions of Citv: Developer agrees to be bound by the provisions set forth in all <br />resolutions of the City Council approving the Development. <br />g Rinding Effect: The terms and provisions hereof shall be binding upon and inure to the <br />benefit of the heirs, representatives, successors and assigns of the parties hereto and shall be binding <br />deemed covenants running with the land. References herein to Developer, if there be more than <br />one, shall mean each and all of them. This agreement to be executed by the Developer, shall be <br />placed of record so as to give notice hereof to subsequent purchasers md encumbrancers of all or <br />any part of the subdivision and all recording fees, if any, shall be paid by the Developer. <br />9. Notices: Whenever in this agreement it shall be required or permitted that notice or demand <br />be given or served by cither party to this agreement to or on the other party, such notice or demand <br />shall be deUvered personally or mailed by United States certified mail (return receipt requested) to <br />the addresses set forth below. Such notice or demand shall be deemed timely given when deUvered <br />personally or when deposited in the mail in accordance with the above. <br />Notice to Citv <br />City of Orono <br />Clerk/Administrator <br />P.O. Box 66 <br />Crystal Bay, MN 55323 <br />Notice to Developer <br />George W. Stickney <br />Mid-US Properies Limited Partnership <br />201 East Lake Street <br />Wayzata, MN 55391 <br />10. Incorporation bv Reference: AU plans, special provisions, proposals, specifications and <br />contracts for the Improvements furnished and let pursuant to this agreeemnt shaU be and hereby are <br />made a part of this agreement by reference as fuUy as if set out herein in full. <br />11. pisci aimer bv Citv: It is understood and agreed that the City, tiie City CouncU, and the <br />agents and employees of the City shaU not be personaUy U^le or responsible in any manner to the <br />Developer or Developer's contractors, subcontractors, materialmen, l^orers, or any other <br />firm or corporation, for any debt, claim, demand, damages, actions, or causes of action of any <br />or character, arising out of or by reason of the execution of this agreement or the performance and <br />completion of the Improvements. <br />Initials of Subdivider <br />Irutials of City Clerk <br />Page 4 of 7