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1998_0209_packet
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1998_0209_packet
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10.11 Landscape Woad. Prior to the commencement of site development activities by the <br /> DEVELOPER,the DEVELOPER shall have posted with the CITY a landscape bond, <br /> a letter of credit, or other security acceptable to the City in an amount equal to 150% <br /> of the cost of all site landscaping, street tree planting as per City Street Tray Master <br /> Plan, and site restoration. The specific amount of this letter of credit, bond, or other <br /> security shall be determined by the Community Development Director, following <br /> completion of all site construction plans. <br /> 10.12 Project Signage. The project will be allowed on project identification sign in <br /> accordance with Section 1009.03 of the City code. <br /> 10.13 Recreational Vehicles. Motorized recreation vehicles or trailers shall not be parked <br /> or stored within the development. <br /> 11. Developer's Default <br /> In the event of a default by the DEVELOPER, as to any of the work to be performed by it <br /> hereunder, the CITY may withhold the certificate of occupancy from the DEVELOPER. <br /> Notwithstanding anything herein to the contrary, the developer may convey the parcel <br /> occupied by the PUD to a third party, which conveyed parcel shall remain subject to all of <br /> the terms of the PUD specifically relating to said parcel. In that connection, the parties <br /> agree as follows: A default by the Developer, or its successors in interest, in the <br /> performance of the obligations hereunder, will not constitute a default with regard to the <br /> conveyed parcel and will not entitle the City to exercise any of its rights and remedies <br /> hereunder with respect to such conveyed parcel, so long as such conveyed parcel <br /> otherwise complies with applicable provisions of the PUD. <br /> The CITY agrees to give the DEVELOPED written notice of its default not less than thirty <br /> (30)days prior to the commencement of the c1171Y's work. The CITY and the DEVELOPER <br /> recognize the weather conditions may affect the ability of the DEVELOPED to perform the <br /> work required to be performed hereunder and agree that such thirty (30) days shall not <br /> include those days on which weather conditions preclude performance by the <br /> DEVELOPER. <br /> Notice to the Developer shall constitute, without further action, notice to any contractor or <br /> subcontractor. If deemed impractical by the CITY, the above notice requirements shall not <br /> be required by the CITY to control erasion problems. <br /> PUD/Subdivision Agreement ,^(Mendota Homes, Inc.)- Page 8 of 10 <br />
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