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7. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this <br />Contract is for any reason held to be invalid by a court of competent jurisdiction, such decision <br />shall not affect or void any of the other provisions of the Development Contract. <br />8. It is agreed that the City has the right, privilege and authority as a condition <br />precedent to the approval of the plans and specifications and approval of Final Plat, to prescribe <br />design requirements for any Improvements within the Plat. <br />9. The Cooperative Development Agreement (Exhibit B) dated December I, 2008 is <br />hereby superseded by this agreement. The Developer and City agree that the terms of that <br />agreement have either been satisfied or are amended by this Development Contract with the <br />further understanding that interest accruals shall be calculated through Jun 30, 2013 and no <br />further accruals on the Developer's Contribution shall be made after that date,. <br />Recording <br />10. The Developer shall, within a reasonable time frame, record the Plat with Ramsey <br />County. <br />11. The Developer shall record the Development Contract with Ramsey County <br />subsequent to the recording of the Plat and shall forward confirmation of the recording of the <br />document to the City. In the event that technical or clerical revisions are needed in the document <br />or if for any reason the County Recorder deems the Development Contract unrecordable, the <br />Developer shall cooperate with the City in the execution or amendment of any revised <br />Development Contract. <br />Finance <br />12. The Parties agree that the Developer shall contribute One Hundred Thousand and <br />No /00 Dollars ($100,000.00) per Lot, for a total of One Million Five Hundred Thousand and <br />- 3 - <br />