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Development Contract Orono Garage Condos LLC
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Development Contract Orono Garage Condos LLC
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Last modified
6/30/2025 12:02:13 PM
Creation date
6/30/2025 12:02:02 PM
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Administration
Admin Doc Type
Developers Agreements
Section
Contracts
Subject
Development Contract Garage Condos
Document Date
6/11/2025
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Land until the Developer does comply. Upon the City's demand, the Developer shall cease work <br />until there is compliance. <br />B. Third parties shall have no recourse against the City or Developer under this <br />Contract. <br />C. Breach of the terms of this Contract by the Developer shall be grounds for denial <br />of building permits, including those for lots sold to third parties. <br />D. If any portion, section, subsection, sentence, clause,orparagraph, phrase of thisp <br />Contract is for any reason held invalid, such decision shall not affect the validity of the <br />remaining portions of this Contract. <br />E. If building permits are issued prior to the completion of all Improvements, the <br />Developer assumes all liability and costs resulting in delays in completion of Improvements and <br />damage to Improvements caused by the City, Developer, its contractors, subcontractors, material <br />men, employees, agents, or third parties. <br />F. In addition to the charges referenced to herein, other charges may be imposed such as, <br />but not limited to, building permit fees. <br />G. The action or inaction of the City shall not constitute a waiver or amendment to the <br />provisions of this Contract. To be binding, amendments or waivers shall be in writing, signed by <br />the parties, and approved by written resolution of the City Council. The City's failure to promptly <br />take legal action to enforce this Contract shall not be a waiver or release. <br />H. This Contract shall run with the Land and may be recorded against the Land. The <br />Developer covenants with the City, its successors and assigns, that the Developer is well-seized <br />in fee title of the Land and/or has obtained consents to this Contract, in the form attached hereto, <br />from all parties who have an interest in the Land; that there are no unrecorded interests in the <br />235929v3
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