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CC PACKET 04261983
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CC PACKET 04261983
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Last modified
12/30/2015 3:50:22 PM
Creation date
12/30/2015 3:50:08 PM
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SP Box #
16
SP Folder Name
CC PACKETS 1981-1984 & 1987
SP Name
CC PACKET 04261983
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10. Parking lots shall be built only in accordance with.the be enforceable only by the HRA, and only he HRA shall have <br /> _Plan and shall be maintained with a dust-free asphalt the right to sue for and obtain an injunction, prohibitive <br /> surface and include- raised concrete islands at the ends of or mandatory, to prevent the breach of the covenants and <br /> each row of parking to define the circulation and protect ' restrictions herein contained, or to enforce the <br /> the parking area. The islands shall be at least•6 inches 1 performance or observance thereof. <br /> high and constructed of concrete. <br /> 16. The covenants and restrictions herein contained shall <br /> 11. Benches and bus shelters specified in the Plari'shall be remain in effect until <br /> maintained in a good, safe, clean and-attractive condition. <br /> 12. All buildings—parking areas; open -areas, landscaped areas, <br /> and other improvements ('collectively, the "Improvements") <br /> on the Property shall be maintained in a good, safe, clean <br /> and attractive condition. If any of the Improvements are <br /> damaged or destroyed by fire, storm or by any other means, <br /> they shall be restored or rebuilt in accordance with the <br /> Plan to a condition and value equal to or greater than <br /> their condition and value on the date of the destruction or <br /> damage. <br /> 13. All buildings on the Property shall be insured against all <br /> loss or damage in the amount of the full replacement value <br /> thereof, with a policy or policies of insurance which <br /> provide protection against all perils covered by the <br /> .customary fire, ,-extended coverage, vandalism, -malicious <br /> mischief, or so-called "all-risk" policy of insurance. <br /> 14. So long as any bonds issued by the City of St. Anthony or <br /> its Housing and Redevelopment Authority in connection with <br /> Redevelopment of the Property are outstanding, no owner, <br /> tenant, purchaser or other person having an interest in the <br /> Property shall seek administrative or judicial review of <br /> any statute, law, rule, assessor's estimated-market value, <br /> assessed value, or other factor, which would or might <br /> result in real estate taxes on the Property being <br /> insufficient in any year to pay the principal and interest <br /> on said bonds as it becomes due. <br /> 15. The covenants and restrictions herein contained shall run <br /> with the title to the Property and shall be binding upon <br /> all present and future owners and occupants of the <br /> Property; rovided how .Lhe covenants and <br /> restrictions erein contained shall inure only to the <br /> benefit of the Housing and Redevelopment Authority of St. <br /> Anthony, Minnesota ("HRA".), and may be eased d <br /> t at any time,, and from time to time, y <br /> the sole act o t e HRA, and variances may be granted to <br /> the covenants and restrictions; herein contained*y the sole <br /> act of the HRA. These covenants and restrictions shall <br />
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