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09-10-07 Item 4F, Lake Johanna Woods
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09-10-07 Item 4F, Lake Johanna Woods
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9/6/2007 3:02:26 PM
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9/6/2007 2:58:57 PM
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Item 4F, Lake Johanna Woods
General - Type
Agenda Item
Date
9/10/2007
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<br />relieve the Developer from curing any such default to the extent <br />that it is not cured by the City or from any other default hereunder. <br />The City shall not be obligated, by virtue of the existence or <br />exercise of this right, to perform any such act or cure any such <br />default. Developer shall save, indemnify, and hold harmless, <br />including reasonable attorney fees, the City from any liability or <br />other damages which may be incurred as a result of the exercise of <br />the City's rights pursuant to this section. <br /> <br /> <br />2. Obtain an Order from a Court of competent jurisdiction requiring <br />Developer to specifically perform its obligations pursuant to the <br />terms and provisions of this Agreement. <br /> <br />3. Exercise any other remedies which may be available to it including <br />an action for damages. <br /> <br />4. Withhold the issuance of any or all building permits and/or prohibit <br />the occupancy of all building(s) for which permits have been issued. <br /> <br />5. In addition to the remedies and amounts payable as set forth <br />herein, upon the occurrence of an event of default, Developer shall <br />pay to the City all fees and expenses, including reasonable <br />attorney, engineering and consulting fees, incurred by the City as a <br />result of the event of default, whether or not a lawsuit or other <br />action is formally taken. <br /> <br />5 <br />
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