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RCA Attachment E 1 personal obligation of the Developer and shall continue in full force and effect even if the 2 Developer sells one or more lots, all of the Property, or any part of it. 3 The Developer shall pay in full all bills submitted to it by the City for obligations 4 incurred under this Agreement within thirty (30) days after receipt. If the bills are not 5 paid on time, the City may, in addition to all other rights and remedies the City may have, 6 halt development and construction work on the Property including, but not limited to, the 7 issuance of building permits for lots which the Developer may or may not have sold, until 8 the bills are paid in full. Bills not paid within thirty (30) days shall accrue interest at the 9 rate of ten percent (10%) per year, or the maximum amount allowed by law, whichever is 10 less. 11 The Developer shall reimburse the City for all costs incurred in the enforcement of this 12 Agreement, including all attorney and engineering fees. 13 In addition to the charges referred to herein, other charges may be imposed such as, but 14 not limited to, sewer availability charges (Ð SAC Ñ), City water connection charges, City 15 sewer connection charges, City storm water connection charges and building permit fees. 16 The Developer shall pay all such other charges and fees upon being billed by the City. 17 S. Default. In the event of default by the Developer as to any of the work to be performed by it 18 hereunder, the City may, at its option, perform the work and the Developer shall promptly reimburse 19 the City for any expense incurred by the City, provided the Developer is first given notice of the 20 work in default not less than 48 hours in advance or immediately before the City commences 21 performing such work in the event of an emergency. This Agreement is a license for the City to act, 22 and it shall not be necessary for the City to seek a court order for permission to enter the Property. 23 When the City does any such work, the City may, in addition to its other remedies, assess the cost in 24 whole or in part, against the Developer and/or the Property. 25 T.Remedies. Upon the occurrence of a breach of this Agreement by the Developer, the City, in 26 addition to any other remedy which may be available to it, shall have the right to do any or all of the 27 following: 28 City may make advances or take other steps to cure the default, and where necessary, 29 enter the Property for that purpose. The Developer shall pay all sums so advanced or 30 expenses incurred by the City upon demand, with interest from the date of such advances 31 or expenses at the rate of 10% per annum or the maximum allowed by law, whichever is 32 less. No action taken by the City pursuant to this section shall be deemed to relieve the 33 Developer from curing any such default or from any other default hereunder. The City 34 shall not be obligated, by virtue of the existence or the exercise of this right, to perform 35 any such act or cure any such default. 36 Obtain an order from a court of competent jurisdiction requiring the Developer to 37 specifically perform its obligations pursuant to the terms and provisions of this 38 Agreement. 39 Obtain an order from a court of competent jurisdiction enjoining the continuation of an 40 event of default. 41 Halt all development work and construction of improvements until such time as the event 42 of default is cured. Page 8 of 14 Page 8 of 14