Resolutions-2017-068

occupancy permits will be issued until all public improvements have been constructed in accordance with applicable standards and formally accepted by the City. I. The Developer shall take out and maintain a public liability and property damage insurance policy covering personal injury, including death, and claims for property damage which may arise out of the Developer's work or the work of its subcontractors or by one directly or indirectly employed by any of them. J. The Developer shall record any restrictive or protective covenants for the subdivision. A copy of the recorded restrictive or protective covenants will be provided to the City. K. The Developer shall record the original copy of this agreement, with all requisite signatures, at the time the other final plat documents are recorded as required by law. L. Plat notes and surveyor’s notes on plats serve to provide notice of how a subdivision is expected to develop. Said notes are not intended to create any vested private interest in any stated use restriction or covenant, or create any third party beneficiaries to any noted use restriction or covenant. The City reserves the right, in its sole discretion, subject to any applicable public notice and approval process required by law, to alter or amend any plat note, or to sell or vacate any right-of-way, street, alley, park, easement, open area or other land set apart and dedicated to for public use within the plat. The City further reserves the right, upon request of the owner or successor in interest, to vacate the plat and/or relocate any easement, alter lot boundaries or allow said land to be replatted subject to any applicable public notice and approval process required by law. M. Pursuant to Section 5.13 of the Tiffin Subdivision Ordinance, the Developer shall, within one year from the date of the approval of the preliminary plat, for Central Park Condominiums, submit the final plat and required attachments to the City Clerk. The City has discretion to extend said date upon request by Developer. Construction must commence within two years from the date of the approval of this Agreement. N. The City’s approval of the preliminary plat is conditioned on Developer’s execution of this Agreement. The Owners, as described in Section 1(A) – (D) shall have no right to proceed with the development of the subdivision unless they agree, in writing, to be bound by the obligations of Developer as set forth herein. Upon Owners transferring title to Developer, Developer may develop the subdivision in accordance with the approved preliminary plat and this Agreement.