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04-23-1990 Council Packet
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04-23-1990 Council Packet
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a certificate certifying that the terms and provisions of <br />this Agreement have been complied with and that this PUD <br />Agreement is in full force and effect with respect to the <br />development for the purpose of facilitating sale, <br />mortgage. Insurance, or other matters. To the extent that <br />there be any bona fide defaults in such compliance, the <br />Developer shall be afforded a reasonadsle time to bring the <br />development into conformance, and thereafter the City <br />shall be obligated to provide such certificate. <br />9. Binding Effect; The terms and provisions hereof shall be <br />binding upon and inure to the benefit of the heirs,^ <br />representatives, successors and assigns of the parties <br />hereto. References herein to Developer, if there be more <br />than one, shall mean each and all of them. This agreement <br />at the option of the City shall be placed of record so as <br />to give notice hereof to subsequent purchasers and <br />encumbrancers of all or any part of the property. <br />10. Notices; Whenever in this agreement it s^’all be required <br />or permitted that notice or demand be given or served by <br />either party to this agreement to or on the other party, <br />such notice or demand shall be delivered personally or <br />mailed by United States certified mail (return receipt <br />requested) to the addresses set forth below. Such notice <br />or demand shall be deemed timely given when delivered <br />personally or when deposited in the mail in accordance <br />with the above. <br />Notice to Citv Notice to Develooer <br />City of Orono <br />Clerk/Administrator <br />P. O. Box 66 <br />Crystal Bay, MN 55323 <br />Clifford L. Otten <br />P. O. Box 249 <br />Long Lake, MN 55356 <br />Incorporation bv Reference: All plans, specifications <br />and contracts for the improvements furnished and let <br />pursuant to this agreement shall be and hereby are made a <br />part of this agreement by reference as fully as if set <br />out herein in full. <br />Disclaimer bv Citv; It is understood and agreed that the <br />City, the City Council, and the agents and employees of <br />the City shall not be personally lizdsle or responsible in <br />any manner to the Developer or Developer's contractors, <br />subcontractors, materialmen, laborers, or any other <br />person, firm or corporation, for any debt, claim, demand, <br />damages, actions, or causes of action of any kind or <br />character, arising out of or by reason of the execution of <br />Initials of Developer <br />Initials of City Clerk _ _ <br />Page 4 of A.
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