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4 tion, may be filed in the chain of title for the property and the Owners agree to execute whatever documents are necessary to insur•. the filir, of this agreement or a short form thereof. 14. The above described property is hereby rezoned from B-2 to L.R-lA. 15. Owners hereby release the City, its employees, agents and elected representatives, from any and all prior and present causes of action, known or unknown, including but not limited to the rezoning of this property as provided for herein, the denial of the 1979 marina license for the property, and the negotia- tion for and execution of this agreement. 16. The variances granted herein and the approval of the final plat for the property shall be rescinded and be null and void if the Owners breach the terms of this agreement and the oviers fail to cure the breach within 10 days of notice thereof. ii snelsae tge, fnterm devei" 111 a ne of tit --preip rty shnj1• be ' mit d to �,,;.{.'...�-5.:.:� �:• l=i_..m�i*lr ^� ham...-� ��.o•.a.... �,'' 1� 17. In the event Owners submit a final plat in 1980, in compliance with this agreement and the City has not approved the final plat within 90 days thereof, as provided herein, then this agreement shall be null and void and the change of the property from B-2 Lakeshore Business District to LR-lA One Family Lakeshore Residential District shall be invalidated and the zoning: of the said property shall revert back to B-2 Lakeshore Business District use. 13. This offer by Owners shall remain open f r ac tance and shall he binding upon the Ownt•rs if signed by the City by -- ----� -a - ---- - 19. City releases Owner for having operating a Marina in 1979 without a permit and waives any rezoning fees and licensing fees due under the terms of this a went. CITY OF ORONO Wi11iam B. an Nest, Mayor And - - - - _ - -- - - Wa1ter Benson, 'lerk Administrator ,lame: McC i c: Ca ?lvnn''r('lvary