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] r ' liilMiir^ II iiMinnft''I >2«.‘. ’o extend the guarantee <br />onal period of time not <br />pletion date of the <br />9 IniDrov«HiM»nt-ff. <br />,. City and Subdivider <br />I costs for Plan B <br />led hereto, and <br />cost changes or <br />to cover actual <br />rs or other unforeseen <br />total improvement <br />ve. <br />s and Reoui ro|| <br />the installation of <br />engineering, legal <br />shall be paid by the <br />levied against the <br />nstallments with <br />ercentage rate to be <br />e of the improvement <br />ched hereto, <br />be deemed to include. <br />v , /I .. • > •! •• ■• ■••;■.; <br />(1) If the special assessments levied by <br />resolution of the City Council pursuant to this agreement are <br />adopted by it between October 10th of any year and April 10th of <br />the following year, it is understood and agreed that the Subdivider <br />will pay to the City Clerk one-half (1/2) of the first annual <br />installment with interest on or before May 31st next following the <br />levy, and will pay the remaining one half (1/2) of such first <br />installment with interest to the City Clerk on or before the <br />following September 30th. All remaining installments shall be paid <br />as assessments to the Treasurer of Hennepin County as and when the <br />general property taxes become due upon said property. <br />(2) If the special assessments levied by the <br />City Council pursuant to this agreement are adopted between April <br />11th and October 9th of any year, then all installments due <br />hereunder shall be paid as assessments to the Treasurer of Hennepin <br />County as and when the general property taxes become due on said <br />property. (This section needs further discussion.) <br />C. Required prepayment of Asseasmenb Doon Sale hv <br />Subdivjflgr, If, before the entire improvement cost assessed or to <br />be assessed against the property in the benefited area is paid in <br />full, the Subdivider, its heirs, succssors or assigns, transfers <br />such property or a portion thereof, the Subdivider hereby agrees, <br />for itself, its heirs, successors and assigns, at its own cost and <br />expense to pay the entire unpaid improvement cost assessed or to be <br />assessed under this agreement against the property to be <br />-15- <br />wm:i <br />: . -i. -V'-.i I'i] <br />...'■lIMphpifl <br />fmM:. •; <br />.V-,. . ■ <br />i' .’ r.v' . V <br />r.- i . . > ■ ; • <br />mmmB <br />• 4l>' L':. . . ■M- V •mmmm' ■■ V-mm <br />' X ■' v.:'-A'~y•;.!,s ^%v