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<br />. construction. These are the only <br />services which the City shall perform <br />with respect to the Developer <br />[Project] Improvements. <br /> <br />(2) Payment for City's Services. The <br />City hereby requires and Developer <br />hereby agrees to pay legal expenses <br />incurred by the City in connection <br />with the approval and acceptance of <br />the plat referred to herein and the <br />preparation of this Development <br />Agreement in the sum of Three Hundred <br />Fifty and nollOO Dollars ($350,00), <br />Payment of such legal expenses is a <br />condition precedent to the City's <br />execution of this Development <br />Agreement. <br /> <br />If Developer opts to do not only the <br />Developer Improvements but also the <br />City Improvements (i.e., to install <br />the entire Project), then it shall <br />reimburse the City for all reasonable <br />. costs incurred by the Ci ty in <br />connection with the Project, <br />including but not limited to costs <br />incurred in the preparation of the <br />Feasibility Report (e.g" the fees <br />and costs of the City Engineer), <br />wi thin thirty (30) days after <br />submission to it of an invoice <br />setting forth all of such costs, <br />Failure of the Developer to make <br />payment by the end of said thirty <br />(30) day period shall constitute a <br />defaul thereunder. Interest on any <br />delinquent amounts shall accrue at <br />the lesser of fifteen percent (15%) <br />per annum or the maximum lawful rate <br />from the date of the invoice until <br />paid in full. <br /> <br />All other costs incurred by the City <br />in rendering services to Developer in <br />connection with the Developer <br />Improvements shall be added to the <br />cost of the Project and assessed <br />against all properties benefitted by <br />. the Project. <br /> <br />(f) Acquisition of All Necessary Permits. The <br />Developer shall be responsible for <br /> <br /> <br /> <br /> <br />c <br />----- - ,- ~_..,..- <br />_._~.. .~,=._,,",....~....- . -'~---'~' ,...........--,,-.-...----.-- ,,^_......'. - -"-' <br />