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07-11-16-R
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07-11-16-R
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7/11/2016 10:32:26 AM
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<br />14 <br />188032v2 <br /> 17. RESPONSIBILITY FOR COSTS. <br /> A. Except as otherwise specified in this Agreement, the Developer shall pay all costs incurred <br />by it or the City in conjunction with the Development, including, but not limited to, Soil and Water <br />Conservation District charges,reasonable attorneys’ fees, planning and engineering and inspection expenses <br />incurred in connection with approval and acceptance of the Development, the preparation of this <br />Agreement, review of construction plans and documents, and all costs and expenses incurred by the City in <br />monitoring and inspecting the Development. <br /> B. Developer shall reimburse the City for reasonable costs incurred in the enforcement of this <br />Agreement, including engineering and reasonable attorneys' fees. <br /> C. Developer shall pay, or cause to be paid when due, and in any event before any penalty is <br />attached, all special assessments referred to in this Agreement. <br /> D. Developer shall pay in full all bills submitted to it by the City for obligations incurred under <br />this Agreement within thirty (30) days after receipt. If the bills are not paid on time, the City may halt <br />development and construction until the bills are paid in full. Bills not paid within thirty (30) days shall <br />accrue interest at the rate of eight percent (8%) per year. <br /> E. In addition to the charges herein and special assessments referred to herein, other charges as <br />required by City ordinance may be imposed such as, but not limited to, sewer access charges ("SAC"), water <br />access charges, and building permit fees. <br /> 18. DEVELOPER’S DEFAULT. In the event of default by Developer as to any of the work <br />to be performed by it hereunder, the City may, at its option and if the Developer fails to cure the same <br />within a reasonable period of time after receipt of the City’s written notice regarding such default, perform <br />the work and the Developer shall promptly reimburse the City for any expense incurred by the City, <br />provided the Developer, except in an emergency as determined by the City, is first given notice of the work <br />in default, not less than forty-eight (48) hours in advance. This Agreement is a license for the City to act,
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