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ARTICLE 14 CITY REMEDIES UPON DEVELOPER DEFAULT 14.1 CITY REMEDIES. If a DEVELOPER -.DEFAULT occurs,. that is not caused by FORCL 1VMAJEURE, the CITY shall give. the DEVELOPER FORMAL NOTICE of the b.EVELOPER.DEFAULT and ..the DEVELOPER shall.have thirty (30) business:days to cure the DEVELOPER D>FAULT;.Ifthe.DBVEtOPER, afterFORMAL NOTICE to it by the CITY,:.does not cure the. DEVELOPER DEFAULT within sixty. (60) days; then the CITY -may avail itseii of anyremedy-afforded bylaW*and any ofthe.&Ilowing.remedies: a.) if the CITY reasonably+ de(ertnmes that the remedies in b.); and d.) of this Article 14 -a re irisuffi.bibgt, to protect the health and safety of the City; it may suspend any world improvement, -:or obligation to be performed by the CITY related.to theDEVELOPER DEFAULT;. b.) the CITY may collect on the irrevocable letter of credit or cash deposit pursuant to Article 15 hereof to the extent necessary to cure the DEVE5LO.PER.DEFA.ULT; 0 if the CITY reasonably determines that the remedies-in:b) and d:) of this Article 14 .am insufficient to protect the. health and safety of the CITY, it may suspend or deny building and. occupancy permits fair buildings-wiithin the CUP with respect to lots directly affected 1 y the DEVELOPER DEFAULT; d.) the CITY may, at its.. sole option, perform the work :or improvements to be Performed by the DEVELOPER,.in *hich case. the DEVELOPER shall tvitliin. thirty (34) days after written billing by the CITY reimburse the CITy_for any costs and expenses incurred by the CITY. In the alternative, the. CITY may in whale or in part, specially assess any o� tlse costs And expenses incurred by the C1TY; and the DEVELOPER -and OWNER hereby waive any and all procedural and subitantiye objections to the installation and canstruc#Ion of the work and improvements and the special. assessment resulting therefrom,:iocluding, but not limited to, notice and hearing requitw ient and=any claim that the special. assessments exceed benefit to :the CUP. 14:2 NO ADDITIONAL WAIVER IMPLIED BY ONE WAIVER. 1 n the -.event any agredhient-contained in this DEVELOPMENT. CONTRACT-is.breached.by the DEVELOPER and #hereafter waived in writing by fhe CITY; such waiver shall :be limited to the-paiioular breach so waived and shalt not be deemed to waive any other coneu#rerf4 .previous ar subsequent breach hereunder. All waivers by the CITY must be in writing. 14.3 NO REMEDY EXCLUSi1 VE: No remedy herein confan'ed upon or reserved to the CITY, the OVI�NER, or the DEVELOPER- shall be exclusive -of. anyoiher-available remedy or remedies, but,eaeli ar3d eyery Wp4 remedy -shall be cumulative.and:shall be .in addition to every other remedy given under the DEVELOPMENT CONTRACT or now oi� hereafter exrSt;ing at law or. in equity or. by statute. No delay or omission to exercise .any right or power accruing*upon any default shall impair any such right or power.or shall be construed to: be a waiver thereQf,. but any such right-4nd.power maybe exercised filar tisane to time and as often as may be deemed expedient. In ordei to entitle a party to exercise -any rernedy.avallable to it, it shall not be necessary to give notice, other than the FORMAL NOTICE. 15