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12-12-2016 Council Packet
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12-12-2016 Council Packet
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A. Except as otherwise specified herein, the Developer shall pay all costs incurred by it <br />or the City in conjunction with the development of the Land, including but not limited to Hennepin County <br />Environmental Services and Minnehaha Creek Watershed District charges, legal, planning, engineering and <br />inspection expenses incurred in connection with approval and acceptance of the Plat, the preparation of this <br />Contract, review of construction plans and documents, and all costs and expenses incurred by the City in <br />monitoring and inspecting development of the Land. <br />B. The Developer shall hold the City and its officers, employees, and agents harmless <br />from claims made by itself and thud parties for damages sustained or costs incurred resulting from Plat <br />approval and development of the Land. The Developer shall indemnify the City and its off -kers, employees, <br />and agents for all costs, damages, or expenses which the City may pay or incur in consequence of such claims, <br />including attorneys' fees. <br />C. The Developer shall reimburse the City for reasonable costs incurred in the <br />enforcement of this Contract, including engineering and attorneys' fees. <br />D. The Developer shall pay, or cause to be paid when due, and in any event before any <br />penalty is attached, all special assessments referred to in this Contract. This is an obligation of the Developer <br />and shall continue in full force and effect even if the Developer sells one or more lots, the Land, or any part <br />of it. <br />E. The Developer shall pay in full all bills submitted to it by the City for obligations <br />incurred under this Contract within thirty (3 0) days after receipt. If the bills are not paid on time, the City may <br />halt development and construction of the Land until the bills are paid in full. Bills not paid within thirty (30) <br />days shall accrue interest at the rate of eight percent (8%) per year. <br />F. In addition to the charges and special assessments referred to herein, other charges <br />as required by City ordinance or via other agencies for which City acts as agent may be imposed such as, but <br />not limited to, sewer access charges ("SAC"), City water access charges and building permit fees. <br />28. DEVELOPER'S DEFAULT. In the event of default by the Developer as to any of the <br />work to be performed by it hereunder, the City may, at its option, perform the work and the Developer shall <br />140443.2 12 <br />
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