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jurisdiction, such approvals not to be unreasonably withheld, conditioned or <br />delayed. <br />c. Easements <br />All permanent and temporary easements over the Property that are necessary <br />for the maintenance of the Plan A Activities shall be provided by the Developer <br />at no cost. <br />d. Faithful Performance and Construction Contracts <br />The Developer will fully and faithfully comply with all terms and conditions of <br />any and all contracts entered into by the Developer for the installation, <br />construction and maintenance of all Plan A Activities on any of the Property. <br />8. Plan A Security <br />In order to secure the performance of the construction and installation of the Plan <br />A Activities, concurrently with the execution hereof by the Developer, the <br />Developer will furnish to and at all times thereafter maintain with the City one or <br />more irrevocable letters of credit in the total aggregate amount of $50,000.00, <br />which is based upon 125% of the total estimated cost for Plan A Activities (the <br />"Plan A Security"), as indicated in Exhibit B. The Plan A Security shall be for the <br />exclusive use and benefit of the City, subject to Sections B.9 and B.10 below. <br />9. Default <br />The cure period for street sweeping, pathway or sidewalk clearing, street sign <br />maintenance and erosion control shall be 24 hours after notice to the Developer <br />from the City, and the cure period for street protection, monument replacement, <br />pathway and sidewalk repair, street light repair, landscaping, and utility protection <br />and repair shall be 30 days after written notice to the Developer from the City; <br />provided, however, if such matter cannot reasonably be cured within the applicable <br />time period, then the Developer shall be afforded such additional period of time to <br />cure such matter as the City determines is reasonable under the circumstances (the <br />"Plan A Grace Period") and shall diligently prosecute and complete the cure <br />thereof. Any activity not cured within the applicable cure period or Plan A Grace <br />Period shall constitute a default hereunder. Notwithstanding the foregoing, the <br />Parties acknowledge and agree that weather conditions or other issues or conditions <br />beyond the control of the Developer ("Adverse Conditions") may affect the ability <br />of the Developer to perform the Work required to be performed hereunder, and <br />agree that the applicable cure period or Plan A Grace Period shall not include those <br />days on which such Adverse Conditions preclude performance by the Developer. <br />The City reserves the right to draw in whole or in part on any portion of the Plan A <br />Security for the purpose of payment of costs incurred by the City resulting from a <br />default after providing the Developer with 10 days prior written notice of its intent <br />5 <br />623964v4 <br />