Laserfiche WebLink
Development Contract • <br /> Planning Case No. :NAME OF PROJECT <br /> Development Contract#: <br /> Page 5 <br /> CITY OF MOUNDS VIEW <br /> DEPOSITORY AGREEMENT <br /> In the event that all conditions of the preceding development agreement are satisfied, the City <br /> of Mounds view agrees to pay the Developer( ), the original amount of the deposit <br /> required by the preceding agreement ( ) plus interest thereon compounded <br /> monthly. <br /> The interest rate to be paid to the Developer will be the interest rate paid to the City of <br /> Mounds View on its deposits in (the City's <br /> depository). <br /> The foregoing instrument was acknowledged before me this day of <br /> , 1997, by and , the Mayor <br /> and City Clerk-Administrator, respectively, of the City of Mounds View, a municipal corporation, <br /> on behalf of the City. <br /> 111 <br /> N:\DATA\USERS\PAMS\SHARE\FORMS\DE VAGREE.W PD <br /> • <br /> ATTACHMENT 1 <br /> 5 <br />