AgdaPkt 2012-06-25 - Laserfiche WebLink

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6.1.J. - Page 12 by Developer under the terms of�his Agreement, including, but not limited to,the pravisions of subsection (a)above. 19. In tha event that Developer's insurance is cancelled, Developer shall provide replace�nent coverage or all work must cease as of the cancellation date until replacetnen.t insurance coverage is provided. 20. Workers' Compensation Insurance. Developer s�all provide, or cause to be provided, Warkers` Compansatian insu�•ance as required by law, and shall cause its contractors and their subcontractors, agents and representatives to also maintain V47orkers' Compensation insurance as required by Iaw. No Work shall coz�tnence until sucl� Workers' Compensation insurance is obtained and in f�ll force and effect. 2]. Com�liance with Laws. Deveioper shall comply with all federal, state and local laws, ordinances and regnlatior�s in the perFormance of this Agree�nent. Developer shal�, at its own cast and expense, obtain a1I r�ecessary pertnits and licensea for the Work, give all necessary notices, pay all fees and taxes required by law and make any and alI deposits legally required by those public utilities that will serve the residential developmant on the Property. Copies and/or proof of payrnent of said permits, licenses,notices,fee and taac payments and deposits shall be furnished to tl�e City Engineer upon request. 22. Encroachment Pennits. Developer s�iall obtain, at its sole cost and expense, any encroachrnent permits required by City in order to perform the Work. 23. Pavments, Developer agrees that it will pay, when due, all those furnisl�ing labor or materials in cannection with the VVork, Developer further agt•ees that pursuant to Government Code section 66499.7, the Payment Security provided by Daveloper in accordance with Section I3.1 of this Agresmen#shall not be released if any rr�echanics liens or stop notices are outstanding, unless said liens ar�raleased by bond in cortzpliance with Civil Code section 31�43. 24. Notice of Breach and Default. The occurrence of any o� the following constitutes a breach and default of this Agreement: (1) Developer refiises or fails to co�nplete the Work within the time set farth herein or abandons the Work. (2} Developer assigns the Agreement in violation of Section 31 below. (3} Developer is adjudged bankrupt or makas a general assignment for the benefit of creditars,ar a receiver is appointed in the event of Developer's insolvancy. (�) Developer or Developer's c�nt�actors,subcont�actors,agents or employees, fail to carnply�uvith any terzn.s or conditions of this Agreement foI�owing the City's vvritten notice to cure set out below. (5) Any delay i�the construction o�any portion of the V�ork or repairs,which in the reaso�aable opinion of the City Engineer,endangers public or private praparty following the City's written notice to cure set ou�belo�v. Ci�+may sarve vvrittan notice of breach and default upon Deveioper and the financial institution holding the securities, ATTYlAGRI2012.0651258fl ECFt(URBAN HOUSl�lG)SUBDIVISlON 1MPROVEMEi�T AGREENlENT REV:U6-05-12 VR Page 9 of 78 I