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may be required by the City's subdivision regulations. Such requirements may be memorialized in <br />the preliminary and final plat approval resolutions. <br />The Developer further expressly acknowledges and agrees that all easements and other rights in the <br />Property necessary and related to the City's control over the public dedications (all of which shall be <br />described in the plat required by the City's subdivision regulations), shall inure to the City upon the <br />Developer's compliance with this Agreement and approval and recording of a final plat as set forth <br />in the City's subdivision regulations. <br />2.14. Property Monumentation. The Developer agrees to install all permanent subdivision <br />monumentation within six (6) months from the date of recording of the final plat, and shall submit <br />to the City written certification by a licensed land surveyor that the required monuments have been <br />installed throughout the plat. All monuments shall be marked with a steel or fiberglass post to allow <br />for easy location following their installation. <br />2.15. Additional Requirements. The Developer shall satisfy, complete and abide by all <br />requirements set forth in any City approvals related to the Property, including adequately <br />addressing all items as may be directed by the City Attorney, City Engineer or others with review <br />and approval authority of the City including any plat, or engineer opinions and the City Attorney's <br />plat opinion, and all adopted City ordinances and resolutions affecting the Property and the <br />proposed development. <br />ARTICLE THREE <br />ADDITIONAL PROVISIONS <br />3.01. Payment of City Costs. The Developer agrees to reimburse the City its actual costs regarding: <br />(i) preparing and administering this Agreement and all other documents, permits, and applications <br />related to the proposed development; (ii) processing the plat and any other approvals relating to the <br />Property and said development; and (iii) acquiring the right-of-way necessary for the Public <br />Improvements to the extent contemplated in section 2.01(b). In addition to and without limitation of <br />the foregoing, the costs to be reimbursed by the Developer to the City shall include, but not be limited <br />to, attorneys' fees, engineering fees, inspection fees, and the costs and fees of other technical and <br />professional assistance (including but not limited to the cost of City staff time) incurred or expended <br />by the City on activities arising out of this Agreement, and other undertakings related thereto. Upon <br />the execution of this Agreement, the Developer shall submit a cash escrow in the amount of $75,000 <br />to the City to be applied to payment of the costs described in this section 3.01, provided that if such <br />costs exceed this amount, the Developer shall, upon demand by the City, pay such additional costs to <br />the City within 10 days of such demand, and provided further that the amount by which this deposit <br />exceeds the City's actual costs, if any, shall be returned to the Developer. <br />In the event City does not recover its costs under the provisions of this section 3.01, as an additional <br />remedy, the City may, at its option, assess equally the parcels that make up the Property in the manner <br />provided by Minnesota Statutes, Chapter 429, and Developer hereby consents to the levy of such <br />special assessments without notice or hearing and waives its rights to appeal such assessments <br />pursuant to Minnesota Statutes, Section 429.081, provided the total amount collectively levied, <br />together with the funds deposited with the City under this paragraph, does not exceed the expenses <br />9 <br />MU210-262-628764.v18 <br />