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12-18-2019 Workshop & Council Packets
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12-18-2019 Workshop & Council Packets
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<br />11 <br /> <br />RECORDING <br />30. The Owner shal1 record this Interim Use Permit and Agreement with Ramsey County <br />and shall forward confirmation of the recording of the document to the City. In the event that <br />technical or clerical revisions are needed in the document or if for any reason the County Recorder <br />deems the Interim Use Agreement unrecordable, Owner shall cooperate with the City in the <br />execution or amendment of any revised Interim Use Agreement. <br />REPRESENTATIONS AND DEFAULT <br /> <br />31. In the event of default by Owner as to any of the work to be performed by it hereunder, <br />the City may, at its option, perform the work and the Owner shall promptly reimburse the City for any <br />expense incurred, provided that the Owner, except in an emergency as determined by the City, is first <br />given notice of the work in default, not less than 4 hours in advance. If the City is forced to do work <br />that is a result of the Owner's default, the City may, in addition to its other remedies, assess the cost in <br />whole or in part against the property. <br />32. Should Owner fail to have stockpiled materials removed from the property by the <br />deadline for winding up the operation (six months from sale or December 31, 2040), then title and <br />ownership of any materials remaining on the site shall be vested in the City free and clear of any <br />encumbrances. Should Owner encumber any of the stockpil ed materials during the term of the <br />agreement, prior to recording the encumbrance Owner sha11 increase the financial security in an <br />amount equal to the encumbrance to guarantee its satisfaction. The City may use whatever <br />methods it deems appropriate to remove the materials from the site within a reasonable time frame. <br />Any revenues generated by the City’s removal activity shall inure solely to the City and will not <br />reduce the Owner's financial obligation guaranteed by the financial security.
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