CC PACKET 12161999 - Laserfiche WebLink

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I . D. The Developer shall pay in full all bills submitted to it by the City for obligations . incurred under this Agreement within 30 days after receipt. If the bills are not paid on time, the City may halt the construction until the bills are paid in full. Bills not paid within 30 days shall accrue interest at the rate of 12% per year. 21. Miscellaneous A. The Developer represents to the City that the CUP and building plans comply with all city, county, metropolitan, state, and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and environmental regulations. If the City determines that the CUP or building plans do not comply,the City may, at its option, refuse to allow construction or development work until the Developer does comply. Upon the City's demand, the Developer shall cease work until there is compliance. B. Third Parties shall have no recourse against the City or its Councilmembers, officers, employees, consultants and agents under this Agreement. B. Breach of the terms of this Agreement by the Developer shall be grounds for denial of the building permits. C. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this Agreement is for any reason held invalid, such decision shall not affect the validity of the . remaining portion of this Agreement. G. The action or inaction of the City shall not constitute a waiver or amendment to the provisions of this Agreement. To be binding, amendments or waivers shall be in writing, signed by the parties and approved by written resolution of the City Council. The City's failure to promptly take legal action to enforce this Agreement shall not be a waiver or release. H. This Agreement shall run with the Property and may be recorded against the title to the property. The Developer covenants with the City, its successors and assigns, that the Developer is well seized in fee title of the property has obtained consents to this Agreement, in the form attached hereto, from all parties who have an interest in the property; that there are no unrecorded interests in the property; and that the Developer will indemnify and hold the City harmless for any breach of the foregoing covenants. J. Each right, power or remedy herein conferred upon the City is cumulative and in addition to ever other right, power or remedy, express or implied, now or hereafter arising, available to City, at law or in equity, or under any other agreement, and each and every right, power and remedy herein set forth or otherwise so existing may be exercised from time to time as often and in such order as may be deemed expedient by the City and shall not be a waiver of the right to exercise at any time thereafter any other right,power or remedy. • -5-