02-06-90 CCM - Laserfiche WebLink

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7. N TI E Whenever in this agreement it shall be required or permitted that notice or demand be given or served by either party to this agreement to or on the other party, such notice or demand shall be delivered personally or mailed by United States mail to the addresses hereinafter set forth by certified mail (return receipt requested). Such notice or demand shall be deemed timely given when delivered personally or when deposited in the mail in accordance with the above. The addresses of the parties hereto are as follows, until changed by notice given as above: If to the City at: Ms. Mary Kueffner Acting City Administrator City Office 3800 Laverne Avenue North Lake Elmo, Minnesota 55042 If to the Developers at: Gene M. Peltier and Ann E. Peltier 10376 Hudson Boulevard Lake Elmo, Minnesota 55042 RELEASE OF 5 -MURMC Upon partial performance by the Developers of the terms of this Agreement, the City will release to the Developers a portion of the Performance Assurance in accordance with this ount to be released shall be determined by the City Engineer with Agreement. The am approval by the City Council after the payment of bills for work cropcomimprovements pov ne is plus The City shall retain an amount necessary to complete any remaining imp P twenty-five percent (25%). 9. FINAL PLAT APPROVED The City agrees to give final approval to the plat of the subdivision upon execution and delivery of this Agreement and all required petitions, security and fees.