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6.Right to Proceed. Developer may not grade or otherwise disturb the earth, remove trees, <br />construct public or private improvements, or any buildings on the Property until all of the following <br />conditions have been satisfied: <br />(a)This Agreement has been fully executed by both parties and filed with both the <br />City Clerk and in the office of the County Recorder of Hennepin County, Minnesota; <br />(b)All required Security (described in Section 3) has been received by the City. <br />7.Permits and Approvals. Developer shall secure all necessary approvals and permits from <br />the City and all appropriate federal, state, regional and local jurisdictions prior to the commencement of <br />construction of the Project. <br />8.Compliance. Developer shall cause all development and construction activities on the <br />Property to be in compliance with the City Code, all other applicable legal requirements, the Plans, and <br />the terms and conditions of this Agreement. No material deviations from the approved Plans will be <br />permitted unless approved in writing by the City, which approval shall not be unreasonably withheld, <br />conditioned or delayedsubject to the City’s ordinary regulatory review process. To the extent of any <br />inconsistency between this Agreement and City Code, this Agreement shall control. All labor and work <br />shall be done and performed in a good and workmanlike manner. <br />9.Maintenance. Developer shall clean dirt and debris from streets that has resulted from <br />construction work by Developer, subcontractors, their agents or assigns. Prior to any construction on the <br />Property, Developer shall identify in writing a responsible party and schedule for erosion control, street <br />cleaning, and street sweeping. All site improvements, including, without limitation, lighting, signage, <br />landscaping, and paved surfaces, constructed on the Property shall be maintained in good repair. <br />10.Default and Remedies. <br />(a)Default and Remedies. Upon any failure by Developer to observe or perform any <br />covenant, condition, obligation or agreement on its part to be observed or performed under this <br />Agreement, or upon a breach of any representation or warranty of Developer under this <br />Agreement, the City may provide written notice thereof to Developer and Developer shall have <br />30 days to cure such failure and/or breach (or such longer time period as may be reasonably <br />required due to the nature of such failure and/or breach, provided that Developer is diligently <br />pursuing the cure, but not to exceed an additional 60 days) before the City shall have the right to <br />pursue any remedies available to the City at law or in equity, and/or any of the following <br />remedies: <br />(i)specifically enforce this Agreement; <br />(ii)draw on the Security pursuant to Section 3; <br />(iii)stop work on the Property, through the issuance of stop work orders; <br />(iv)suspend or deny building and occupancy permits for buildings within the <br />Property; <br />(v)suspend any work, improvement or obligation to be performed by the <br />City; <br />3 <br />2483258.v2 <br />4887-6170-0872\3