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D. The Developer shall pay, or cause to be paid when due, and in any event <br /> before any penalty is attached, all special assessments referred to in this Contract. This is an <br /> obligation of the Developer and shall continue in full force and effect even if the Developer sells one <br /> or more lots,the Land,or any part of it. <br /> E. The Developer shall pay in full all bills submitted to it by the City for <br /> obligations incurred under this Contract within thirty(30)days after receipt. If the bills are not paid <br /> on time,the City may halt development and construction of the Land until the bills are paid in full. <br /> Bills not paid within thirty(30)days shall accrue interest at the rate of eight percent(8%)per year. <br /> F. In addition to the charges and special assessments referred to herein, other <br /> charges as required by City ordinance or via other agencies for which City acts as agent may be <br /> imposed such as, but not limited to, sewer access charges ("SAC"), City water access charges, and <br /> building permit fees. <br /> 28. DEVELOPER'S DEFAULT. In the event of default by the Developer as to any of <br /> the work to be performed by it hereunder, the City may, at its option, perform the work and the <br /> Developer shall promptly reimburse the City for any expense incurred by the City, provided the <br /> Developer, except in an emergency as determined by the City, is first given notice of the work in <br /> default,not less than forty-eight(48)hours in advance. This Contract is a license for the City to act, <br /> and it shall not be necessary for the City to seek a Court order for permission to enter the Land. <br /> When the City does any such work,the City may, in addition to its other remedies,assess the cost in <br /> whole or in part against any portion of the Land owned by the Developer or any successor in interest <br /> to the Developer. <br /> 29. MISCELLANEOUS. <br /> A. The Developer represents to the City that the Plat complies with all city, <br /> county, state, and federal laws and regulations, including but not limited to: subdivision ordinances, <br /> zoning ordinances, and environmental regulations. If the City determines that the Plat does not <br /> comply, the City may, at its option, refuse to allow construction or development work on the Land <br /> until the Developer does comply.Upon the City's demand,the Developer shall cease work until there <br /> is compliance. <br /> B. Third parties shall have no recourse against the City or Developer under this <br /> Contract. <br /> C. Breach of the terms of this Contract by the Developer shall be grounds for <br /> denial of building permits, including those for lots sold to third parties. <br /> 180976 <br /> 10 <br /> 196841v4 <br />