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by Developer under the terms of this Agreement, including, but not <br /> limited to,the provisions of subsection(a}above. <br /> 19. In tha event that Developer's insurance is cancelled,De�reloper shall provide replacement <br /> coverage or all work must cease as of the cancellation data until repIacement insurance coverage is <br /> provided. <br /> 20. Workers' Compensation Insurance. Developer shall provide, or cause to be provided, <br /> Workers' Compensation insuisnce as required by law, and shall cause its cflt�tractors and their <br /> subcontractors,agents and representatives to also maintain Workers' Compensation insurance as required <br /> by law. No Work shall commence until such Workers' Compansation insurance is obtained and iti full <br /> force and effect. <br /> 21. Compliance with Laws. Developer sha11 comply with all federal, state and local laws, <br /> ordinances and regulations in the performance of fhis Agreement. Developer shall, at its own cast and <br /> expense, obtain a11 necessary permits and licenses for the Work, give all necessary notices,pay all fees <br /> and taxes required by law and make any and alI deposits legally required by those public utilities that will <br /> serve tlie residential development on #he Property. Copies andlor proof of paymant of said permits, <br /> licenses,notices,fee and ta7c paymants and deposits shall be furnished to the City Engineer upon request. <br /> 22. Encroachment Permits. Developer shall obtain, at its sole cost and expense, any <br /> encroachment permits required by City in order to perform the Work. <br /> 23. Pavments. Developer agraes that it will pay, when due, all those furnishing labor or <br /> materials in connectian with the Work. Deve(oper further agrees that pursuant to Government Code <br /> section 66499.7, the Payment Security provided by Developer in accordance with Section 13.1 of this . <br /> Agreemant shall not be released if any mechanics lieus or stop notices are outstanding,unless said liens <br /> are released by bond in compliance with Civil Code section 3143. <br /> 24. Notice of Breach and Default. The occurrence of any of the following constitutes a <br /> breach and default of this Agreement: <br /> (1) Devetoper refitses or fails to complete the Work within the time set forth herein <br /> or abandons the'Work. <br /> (2} Developer assigns the Agreernent in viotation of Section 31 below. <br /> (3} Developer is adjudged bankrupt or makas a general assignment for the benefi#of <br /> creditors,or a receiver is appointed in the event of Developer's insolvency. <br /> (4) Developer or Developer's cont�actors,subcontractors,agents or employees,fail <br /> to comply with any tenms or conditions of this Agreemsnt following the City's <br /> written notice to cure set out below. <br /> (5) Any delay in the construction of any portion of the Work or repairs,which in the <br /> � reasonable opinion of the City Enginear,endangers public or private property <br /> following tha City's written notice to cure set out balow. <br /> Cits+may ssrve written notice of breach and default upon Developer and the �nancial institution holding <br /> the securities. <br /> ATTY/AGR12012,06512580 ECR(URBAN HOUSING)SUBRMSION IMPROVENIENT AGREEMENT <br /> REV:06-05-12 VR <br /> P�ge9of16 � <br /> i <br />