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(iii) Conservation fee payable in connection with the conveyance; and (iv) The portion of the survey costs described in Section 3.4(b). At closing on the conveyance of the Property the Developer will pay the following costs: (i) The purchase price; (ii) The cost of obtaining the title insurance commitment and the premium for the policy of title insurance; (iii) The costs described in Section 3.10; (iv) The cost of the Survey related to preparing Developer's site plan showing the Improvements; (v) Recording fees for the deed, this Agreement and any other documents required to be recorded in connection with the conveyance; and (vi) Closing costs. Section 3.7 Access to Property. During the term of this Agreement, the Developer and his authorized representatives shall be permitted access to the Property at reasonable times for the purpose of architectural inspection and design studies and the taking of such soil borings and tests as are deemed reasonably necessary by Developer. Developer hereby agrees to indemnify, defend, and hold harmless the City, its officers, agents, employees and commissioners from and against any and all damage to property or injury to person arising out of the Developer's exercise of its right of access to the Property under this Section. The Developer shall be entitled to actual possession of the Property 'on the date of closing on conveyance of the Property to the Developer. Section 3.8. Assessments. (a) The Developer agrees that it will pay to the City the current value of the Property and the improvements that have been made to the land by the City prior to the date hereof if and to the extent required by this Section. The value of the land that is not being paid in the form of the purchase price paid at the time of conveyance of the Property is agreed to be $43,559.00. In order to secure the City's interest in being paid such amount the Developer and the City agree that the City may at the time of closing on the sale of the Property to the Developer or at any time thereafter assess such amount against the Property with the same force and effect as an assessment under Minnesota Statutes, Chapter 429. Such amount so assessed is referred to herein as the "Assessments" and shall constitute a special assessment lien against the Property enforceable in the manner applicable to the lien of assessments levied under said Chapter 429. The Developer agrees that this Agreement constitutes a petition to assess the Property and that no further consent or agreement by the Developer is necessary to levy the Assessments. The Developer further agrees that it will not contest the amount or validity of the Assessments on constitutional, statutory,procedural or other grounds and shall cause any Holder 8