AG 1998 03 16 - Laserfiche WebLink

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FEB 06 '98 Ol:SiPM ROB. BRAD. HIM. price paid by the Developer for the property together with interest at the rate ~f, . percent per annum until the date the property is to be conveyed to the County by the Developer which date shall not be later than ~ months after the acquisition of the property by the Developer. The County agrees to pay all out-of-pocket expenses incurred by the Developer in connection with the acquisition of the property and the conveyance of the property to the County, including, but not limited to, expenses related to the examination of title, recording fees and applicable lransfer taxes, if any, related to the acquisition of the property by the Developer and the conveyance of the property by the Developer to the County. County agrees that any conveyance made by the Devel~per to the County pursuant to the agreement may be made by special warranty deed. The County may require the Developer to purchase and convey to County one or more tracts (or interests therein) pursuant to this agreement, provided that the. aggregate amount Developer may be required to advance in connection with all such purchases shall not exceed $ ; 2. County .agrees that, effective on the execution of this Meraorand'um of Agreement, it will process and approve, in a timely manner, all subdivisiori plats heretofore or hereafter submitted by Developer under the County Subdivision Regula~on~, including the plat currently submitted, which are in technical compliance with such Regulations. It is expressly agreed that so long as Developer is in eornpliance with this Memorandum of Agreement, Developer will be in compliance with the Adequate Public Facilities Stancla~cls of the County Subdivision Regulations. 2