Laserfiche WebLink
<br /> 32 <br />LA515\112\937837.v1 <br />Water Availability Charge (WAC): $315,000 <br />Park Dedication: $218,876 <br />Village Area AUAR Fee: $24,150 <br />Street Light Operating Fee: $2,765 <br />City Base Map Upgrading ($25.00 per REU): $2,625 <br />City Engineering Administration Escrow: $50,000 <br /> <br />TOTAL CASH REQUIREMENTS: $928,416 <br /> <br /> <br />39. NOTICES. Required notices to the Developer shall be in writing, and shall be either hand <br />delivered to the Developer, its employees or agents, or mailed to the Developer by certified mail <br />at the following address: GWSA Land Development, LLC, 6885 Sycamore Lane North, Suite 110, <br />Maple Grove, MN 55369. Notices to the City shall be in writing and shall be either hand delivered <br />to the City Administrator or mailed to the City by certified mail in care of the City Administrator at <br />the following address: Lake Elmo City Hall, 3880 Laverne Avenue N., Lake Elmo, Minnesota <br />55042. <br />40. EVIDENCE OF TITLE. The Developer shall furnish the City with evidence of fee <br />ownership of the property being platted by way of a title insurance policy dated not earlier than 30 <br />days prior to the execution of the plat. <br />41. COMPLIANCE WITH LAWS. The Developer agrees to comply with all laws, <br />ordinances, regulations, and directives of the state of Minnesota and the City applicable to the <br />Subdivision. This Agreement shall be construed according to the laws of the Minnesota. <br />42. CERTIFICATE OF COMPLETION. Each individual home site within the Subdivision <br />shall be deemed released from the obligations of this Agreement and this Agreement may be <br />disregarded as to such home site upon substantial completion of the home site without further <br />action by City or Developer and without need to record a separate release. Substantial completion <br />will occur when the City issues a certificate of occupancy for the home site. Such certification by <br />the City shall be a conclusive determination of satisfaction and termination of the agreements and <br />covenants in this Agreement as to such home site. The City agrees to provide to the Developer