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street is to be 60 feet wide whereas the subdivision regulations require a 70 foot wide right of . <br /> way. <br /> 2. COAIDITIUNS OF PLAT APPROV.AL. The City approved the Plat in part on <br /> the condition the DevelopeX ezater iz�to this Agreement, furnish fihe security required by it, and <br /> record the Plat wifih the County Recorder and Regisirar o€ Titles within 180 days of this <br /> Agreement. � <br /> 3. . RIGHT TO PROCEED. Within the Plat, f11e Developer may not grade or <br /> otherwise disturb the earth, remove trees, construct sewer lines, water lines, streeYs, utilities, <br /> Public or Private Tmprovemen#s, or any buildings until all the following conditions have been � <br /> satisfied: 1) this Agreement has been fully executed by both parties and filed.with the City Clerlc, <br /> 2) the necessary security as provided in this Agreement has been received by the City, and 3) the <br /> Plat and this Agreement ha.ve been submitted to the Hennepin Caunty Recorder's Offi.ce and <br /> Office of the Registrar of Titles. <br /> 4. DE'V�LOPMENT. The Development is to be constructed. on a schedule as <br /> dictated by the issuance of building pernu�s. Each Lot may be improved itnd�ividually. New <br /> buildings are to be constructed on Lot 1, Block 1; Lot 1, Block 2; and Lot 2, Block 2. The <br /> existing building on Lot 3, Block 2, is to be renovated and the parking area reconstructed.. The <br /> City may refuse to grant building permits for any structure if flie Developer has breached this . <br /> Agreement and the breach has not been remedied. Developer shali submit a complete . <br /> applicafiion for a building permit for consiruction of one of the buildings within one year of filing <br /> of the Plat or the Commercial Site Plan Approvai for all of fihe Lots shatl lapse. Tf the <br /> Commercial Site Plan Approval lapses, Developer sha11 be required to re-submit an application , <br /> to the City for Commercial Site Plan review and appxoval under then existing City standatds and . <br /> �tECEiV��? <br /> �322s1�'t � . �_� � JUN 21 2011 <br /> -3 - �.i�rr�; � ` . <br /> r'i! :_,� ..: , CITY OF ORONO <br />