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<br />196456v7 <br />Bills not paid within thirty (30) days shall accrue interest at the rate of eighteen percent (18%) per <br />year. <br /> E. In addition to the charges herein and special assessments referred to herein, <br />other charges as required by City ordinance may be imposed such as, but not limited to, sewer <br />access charges ("SAC"), water access charges, and building permit fees. <br /> 19. DEVELOPER’S DEFAULT. In the event of default by the Developer as to any <br />of the work to be performed by it hereunder, the City may, at its option, perform the work and the <br />Developer shall promptly reimburse the City for any expense incurred by the City, provided the <br />Developer, except in an emergency as determined by the City, is first given notice of the work in <br />default, not less than forty-eight (48) hours in advance. This Agreement is a license for the City to <br />act, and it shall not be necessary for the City to seek a Court order for permission to enter the land. <br />When the City does any such work, the City may, in addition to its other remedies, assess the cost <br />in whole or in part. <br /> 20. MISCELLANEOUS. <br /> A. The Developer represents to the City that the plat complies with all city, <br />county, state, and federal laws and regulations, including but not limited to, subdivision <br />ordinances, zoning ordinances, and environmental regulations. If the City determines that the plat <br />does not comply, the City may, at its option, refuse to allow construction or development work in <br />the plat until the Developer does comply. Upon the City’s demand, the Developer shall cease <br />work until there is compliance. <br /> B. This Agreement shall run with the land and may be recorded against the title <br />to the Subject Property. The Developer covenants with the City, its successors and assigns, that the <br />Developer is well seized in fee title of the property being final platted and/or has obtained consents <br />to this Agreement, in the form attached hereto, from all parties who have an interest in the Subject