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07-18-2011 Planning Commission Packet
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07-18-2011 Planning Commission Packet
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' . � . .' <br /> I. This Agreement shall run wi#h fhe land and shall be recorded against the <br /> title to the p�roperty provided, however,'that all monetary obligations of the Developer hereunder <br /> shall be and rem.ain tbe responsibi�ity of ihe Developer unless expressly assuxned in writing by <br /> any successor or assignee af the Aeveloper. The Developer covenants wi�i the City, its . <br /> ' successors and assigns,that the Developer upon recording of the Plat is well seized in f��title of <br /> the property being final platted and/or has obtained consents to tUis Agreement, in the fozm <br /> � attached hereto, from alI parties who have an interest in the property; that there are no <br /> unrecorded. interests in the property being final platted; and that the Developer wi11 indemnify <br /> and hold the City harmless for any breach of the foregoing covenants. Upon request by <br /> Developer and the receipt of appropriate documentation, the City sfaff shall provide Developer <br /> � with paxtial releases from this�greement, Certificates of Completion, and Estoppel Certificates <br /> on a Iot by Iot basis. � <br /> J. Each right, power or remedy herein conferred upon the City is cumulafive <br /> and in addition to every other right, power or rernedy, express ar implied, now oz hereafter <br /> arising, avaailable to the City, at law or in equity, or under any other agreement, except as <br /> specifically limited in this Agreement, and each.and every right, power and remedy herein set <br /> forth or otherwise so existing may be exercised from time to time as often and in such order as <br /> may be deemed expedient by the City and shall not be a waiver of the right to exercise at a�.y <br /> time thereafter any ofiher right,.power or remedy. - <br /> K, The Developer may not assign this Agreement without the written <br /> permission of the City Council. The Developer's obligation hereunder shall continue in fiill force <br /> and effect even if the Developer se�ls one or more lots, the entire plat, or any part of it, subject to <br /> Certificates of Completion for incli.vidual Lots within the Plat. <br /> ' ��CEI�'�� <br /> �C_� � <br /> 132281 vil ^t1 t� -- JUN 21 2011 <br /> ' - 16- (.''1 � <br /> - CITII OF ORONO <br />
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