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Huot Addition <br />Development Contract <br />c-ei~letiat~-~ztad ace~ptance el=-the-l~q~a~si~cd ha~3~pi~wc9ne+~is-bi3scd-ca+t the ~Ic-(Icte~t~irrhtioie-of <br />E'-its= <br />----12. "I•he Developers agree that the terms of the financial security shall be deemed to <br />have been violated if the Developers fail to perform at~y of the terms of this Contract in the <br />manner required by the City. Determination of a violation of the terms of the Contract shall be <br />in the sole discretion of the City. The financial secm7ty shall be immediately available for use by <br />the City to complete part or all of the Required Improvements in the event this agreement is <br />breached or the Required Improvements are not completed in an acceptable or timely manner, as <br />determined in the sole discretion of the City. The City shall have the right to enter upon the <br />property to inspect work or complete all or a portion of the Required Improvements as necessary. <br />In the event the City does any such work, the City may, in addition to its other remedies, assess <br />its costs in whole or in part. <br />13. WAC and SAC charges will become due with each building permit. <br />1~F. Park dedication fees will be payable at the time of the building permit application <br />for each lot within the development based on the fee in effect at the time of the building permit <br />application. <br />a~l~i~~ i~vc-4(~3ot3-s+~ala-ck f~or,+t-wild-l~ Fi~E~i t~- tip-tliousai3d~o~lat~{`~~ 1)(~t~j~i~vh icai <br />~t+3y-ai3d-aal-c©s13~-aid -i~3ensi~s-inctt+~red b}=llac-Ctt-~,,_a~a-iury-i~n~~ a~elaktl--4o-llai~-Cen~kaet, <br />ii~elttd~iag~+tnet-li+3~+le~~'-lc~.-paatua+~~g-and-ei~~'ii~(~mb -es.Icg*al-fi~~ ~ tj~-~,~tatl-t~imc~.cost-o€ <br />acgLii!Yi-11()il-(~I (~aSGi1-lE-Hl'i---11-ai-1-F r13all-1~C: (?z31(1~-C(3'rt 1<3i:{;Ilj -S1a1i1-..13t31C @?ipGi3flL-d-ltl-E {3fi,1LiN~li{:311 <br />~~.?rl I] ~:l"11S-Celnlt dCl{irl-(?kp(`,-E-1(=E:1-lf~l:gtl-<ll.-:1-1 \'<; pC-rti~nl-~~~i~e3_()1 l1lC-f>1~311S1t'HC19E3n--(;()l. <br />iia'~c~+ed-i~ra-thy Coat+aut-,Sa+(9-Ice car-l-b~-+nvrease<1-s+~c-ckie~d-+i~~ie sole-disc-~~ti(~~1~c C i~~, <br />sfiuul(1-uzrff-13ia3e-regtiiitd-~>~~-di~aine~l+c-alai-1't~la-this-ESti~+~~~a1t;. ~i+s-IN~~+slorris(:otasl>itc-ral-~w+th <br />~a-agi~eraa~nt betv~~3-tla~~~~it~~-anc~-Iac~~ol(iper,-F1~~d-A4a~-2d8~~~~itc~a~s-at~nc-he,l-h~-t~Ea-at~I <br />iiac<x33oratc<~-1-~ert~i3-a~1~1 til~i{-!'~: <br />_5_ <br />