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cure the default within the applicable rimeframe, City may pursue the remedies set forth in Section 26 <br /> below. <br /> 25. Remedies. <br /> 251 City may proceed to complete the Work by contract or other method City <br /> considers advisable, at the sole expense of Developer. Developer, immediately upon demand, <br /> shall pay the costs and charges related to the Work and any subsequent repairs. City, without <br /> liability for doing so, may take possession of and utilize in completing the Work and repairs, if <br /> any,such materials and other property belonging to Developer as may be on or about the Properiy <br /> and necessary for completion of the work. In the event of default,the financial institution holding <br /> the securities shall be liable to City to pay the face amount of the security, as specified under <br /> Section 13. <br /> 25 2 City may bring legal action to compel performance of this Agreement and <br /> recover the costs of completing the Work and/or repairs, if any, including City's administrative <br /> and legal costs or pursue any other action at law or equity. <br /> 25 3 Developer agrees that if legal action is brought by City under this section of the <br /> Agreement,Developer shall pay all of the costs of suit,reasonable attorney fees,arbitration costs <br /> and such other costs as may be determined by the court or arbitrator. <br /> 25.4 No failure on the part of City to exercise any right or remedy hereunder shalt <br /> operate as a waiver of any other right or remedy that City may have hereunder. <br /> 25 5 The rights and remedies of City are cumulative, and the exercise by City of one <br /> or more of such rights or remedies shall not preclude the exercise by it, at the same or different <br /> rimes,of any other rights or remedies for the same default or any other default. <br /> 26. Final Drawin�s. Upon completion of the Work and prior to final acceptance, Developer <br /> shall deliver to City a set of"as-built"drawings consistent with the Conditions. These drawings shall be <br /> in a form acceptable to the City Engineer, shall be certified as being"as-built"and shall reflect the Work <br /> as actually constructed,with any and all changes incorporated therein. Said drawings shall be signed and <br /> sealed as accurate by the engineer of record. <br /> 27. Monuments. All pipes and monuments shown on the Final Map which are destroyed or <br /> displaced during construction operations shall be replaced by Developer at the time of the final inspection <br /> of the Improvements,if any. <br /> 28. Attornevs'Fees. Should any legal action or arbitration be brought by either party because <br /> of breach of this Agreement or to enforce any provision of this Ageement, the prevailing party shall be <br /> entitled to all costs of suit, reasonable attorneys' fees, arbitration costs and such other costs as may be <br /> deternuned by the court or arbitrator. <br /> 29. Notices. Any notices relating to this Ageement shall be given in writing and shall be <br /> deemed sufficiently given and served for all purposes when delivered personally or by generally <br /> recognized overnight courier service, or five (5) days after deposit in the United States mail,certified or <br /> registered,return receipt requested,with postage prepaid,addressed as follows: <br /> To the Developer: La Palma Development,LLC <br /> 1630 Oakland Road#A215 <br /> REV:07-30-15 R5 <br /> Page 10 of 19 <br /> ATTY/AGR.2015.152/La Palma <br />