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2014-085 Council Resolution
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2014-085 Council Resolution
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7/16/2015 10:16:56 AM
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7/15/2015 9:01:52 AM
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City Council
Council Document Type
Resolutions
Meeting Date
08/11/2014
Council Meeting Type
Regular
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4. Positive Balances in Account. In the event there is a positive balance in the deposit account <br />upon completion of the Requested Work the balance shall be paid to the Developer within <br />ninety (90) days of receipt by the City of a written request by the Developer for payment. <br />5. Negative Balances in Account. In the event there is a negative balance in the deposit account <br />upon completion of the Requested Work the balance shall be paid to the City of Lino Lakes <br />within ninety (90) days of receipt by the Developer for payment. <br />6. Accounting. Upon Request by the Developer. the City will provide an accounting of all <br />expenses charged against the account, but in no event more often than once every 30 days. <br />An accounting will be provided when the account is closed. <br />7. Application Fees. Applicant understands and agrees that the Deposit Funds are in addition <br />to, and not in lieu of, any City Land Use application fees that may be required to process a <br />development application. <br />8. Amendments. No amendmen, geofany <br />made in writing and with the consent of the City. <br />o this Agreement shall be valid unless <br />9. Binding Agreement. Applicant recognizes and agrees that all terms and conditions of this <br />Agreement shall be binding upon the heirs, successors, administrators, and assigns of the <br />10. Validity. If any portion. section, subsection. sentence, clause, paragraph or phrase of this <br />Agreement is for any reason held to be invalid. such decision shall not affect the validity of <br />the remaining portions of this Agreement. <br />IN WITNESS WHEREOF, the Developer has caused these presents to be executed as of the day and <br />year aforesaid. <br />DEVELOPER <br />By: <br />Its: <br />STATE OF MINNESOTA ) <br />)ss <br />COUNTY OF <br />The foregoing instrument was acknowledged before me this day of , 2014, <br />by , the of <br />a Minnesota , on <br />behalf of the <br />
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