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cure the defsult within the applicable timeframe, City may pursue the remedies set forth in Section 26 <br /> below. <br /> 25. �emedies <br /> 25.1 City may proceed to complete the Work by contract or other method City <br /> considers advisable, at the sole expense of Developer. Developer, iramedi�tely upon dem�nd, <br /> shall pay the costs and charges related to tl� Work and any subseq�nt repairs. City, without <br /> liability for doing so,may take possession of�nd utilize in complcting the Work and repairs, if <br /> any,such materials and other property belonging to Developer as may be on or abont the Pmperty <br /> and necessary for completion of the work. In the event of default,the financial institution holding <br /> the securiries shall be liable to City to pay the face amount of the security, as spxified�nder <br /> Section 13. <br /> 25.2 City �y bring legal �ction to compel perforniance of this Agreement and <br /> recover the costs of completing the Work and/or repairs, if any, including City's administrstive <br /> and legal costs or pursue any other action�t 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 sll of the costs of suit,reasonable attomey fees,arbitration costs <br /> and such other costs as may be deternuned by the court or arbitrator. <br /> 25.4 No failure on the part of City to exercise any right or remedy hereunder shall <br /> operate as a waiver of any other right or rernedy that City may have hereunder. <br /> 25.5 The rights and remedies of City�re cumulaNve, 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 dif�erent <br /> times,of any other rights or remedies for the s�me defiult or�ny ather default. <br /> 26. F��win¢s. Upon completion of the�ork and prior to final acceptance,Developer <br /> shall deliver to City a set of"�built"drawings consistent with the Condirions. These drawings shall be <br /> in a form acceptabte to tl�e City Engineer,shall be certified�s being"as-builY'and shall reflect the Work <br /> as actually constructed,with any and all changes incorporated therein. Said drawings shall be signed and <br /> se�led�s accurate by the engineer of record. <br /> 27. Iv�onuments. All pipes and monuments shown an the Final Map which�re destroyed or <br /> displaced during construction operations shall be replaced by Developer�t the time of the final inspection <br /> of the Improvements,if any. <br /> 28. �ttotne�,+s'�ees. Should any leg�l action or arbitration be brought by eith�r party because <br /> of breach of this Agreement or to enforce any provision of this Agreement,the prevailing p�rty shall be <br /> entitled to all costs of suit, reasonable attorneys' fees, arbitration costs and such other costs �s may be <br /> deternuned by the court or arbitrator. <br /> 29. Norices. Any notices relating to this Agreement shall be given in writing and shall be <br /> deemed sufficiently given and served for all purposes w6en delivered personally or by generally <br /> recognized overnight courier service,or five(5) da}+s�fter deposit in the United States mail,certified or <br /> register�i,return receipt requested,with postage prepaid,addressed as follows: <br /> REF/:03-14-14 VR <br /> Page 10 of 19 <br /> ATTY/AC3R.2014.D�4/One Ma+rinm Final Phase- Improvement Agreement <br />