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NOW, THEREFOREj, IT IS HEREBY AGREED by and between <br />1 81 In con,s ideriati,on of the Citl�r Council of the <br />(B) The amount of thei cash deposit or the <br />pier, fo rim,an,c e, bond shall be one-half of the <br />estimated per foot cost of the road and <br />a <br />utilities,, tim,eis, the lot's frontage on said <br />roadway .1 <br />Pailure to abide by this agreement shall be <br />grounds for the City to refuse to issue <br />builiding permits and/or occupancy permits an <br />foir the City to secure specJfic performance <br />al,oing with itis attorneys f ees incurreA <br />(D) In the event that the purchaser of either lot <br />resells the loti the obligations of this <br />agreement shall be satisfied before the <br />ClOS3,Lng on the sale, <br />2v Signing the Endorsement attached to this <br />