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to the conditions of this Agreement, the City shall be entitled <br /> to enforce it pursuant to the terms of this contract and/or the <br /> provisions of the Mounds View Home Rule Charter or applicable <br /> Minnesota Statutes. The Developer herein agrees that in the <br /> event the City is compelled to enforce any of the provisions of <br /> this contract by court action and judgement is rendered in favor <br /> of the City, that all costs, disbursements and reasonable <br /> attorney's fees will be paid by said Developer, its heirs, <br /> successors and assigns. <br /> 14 . The Developer agrees to furnish to the City at the <br /> time of the execution of this Contract a cash bond, a corporate <br /> surety bond, an irrevocable letter of credit or any other nego- <br /> tiable instrument approved by the City Attorney (the "Performance <br /> Bond") in the amount of $ , as required by this para- <br /> graph. The Performance Bond shall name the City as the obligee <br /> and must guarantee the Developer's performance of the terms and <br /> conditions of this Contract, in conformance with the Contract and <br /> in compliance with the rules, regulations, statutes and ordinanc- <br /> es of the City. The Performance Bond shall also be conditioned <br /> on the Developer' s Agreement to hold the City harmless from all <br /> costs and damages that may occur on account of doing of the work <br /> specified and to indemnify the City for its costs in enforcing <br /> the terms of the Contract and Bond, including reasonable attorne- <br /> y's fees. The Developer agrees to keep the Performance Bond in <br /> full force and effect during the term of the obligation created <br /> herein. <br /> 5 <br />