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<br /> <br />15 <br />The City is implementing a pass through billing process. The $2,008,058.20 escrow will be held <br />and all bills will be forwarded for immediate payment. If payments are not made in a timely <br />fashion, the project will stop until payments are made. If said fees are less than estimated, the City <br />shall reimburse the Developer within thirty (30) days of receipt of final invoices. <br /> 27. RESPONSIBILITY FOR COSTS. <br /> A. Except as otherwise specified herein, the Developer shall pay all costs <br />incurred by it or the City in conjunction with the development of the Development Property, <br />including but not limited to Soil and Water Conservation District charges, legal, planning, <br />engineering and inspection expenses incurred in connection with approval of the Development, <br />the preparation of this Agreement, review of construction plans and documents, and all costs and <br />expenses incurred by the City in monitoring and inspecting development of the Subject Property. <br /> B. The Developer shall reimburse the City for reasonable costs incurred in the <br />enforcement of this Agreement, including engineering and attorneys’ fees. <br /> C. Intentionally omitted. <br /> D. The Developer shall pay in full all bills submitted to it by the City for <br />obligations incurred under this Agreement within thirty (30) days after receipt. If the bills are not <br />paid on time, the City may halt plat development and construction until the bills are paid in full. <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, other charges as required by City <br />ordinance may be imposed such as, but not limited to, building permit fees. <br /> 28. 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