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11.25.24 RDC Full Packet
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11.25.24 RDC Full Packet
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6 <br /> <br /> <br />in accordance with Section 4.9 (“Specifications for Local Public Improvements”) of this <br />Agreement. <br />(c) The Local Public Improvements will be completed in accordance with all <br />applicable public bidding and contracting laws and will be subject to inspection by the <br />Engineering Department or its designee. <br />(d) Notwithstanding anything contained herein to the contrary, in the event the <br />costs associated with the Local Public Improvements are in excess of the Funding Amount, <br />Developer, at its sole option, may determine to pay to the Commission the amount of the <br />excess costs to permit timely completion of the Local Public Improvements by the <br />Commission, or an agent of the Commission, which amounts shall be applied for such <br />purpose. If Developer chooses not to pay any such excess costs of the Local Public <br />Improvements (above the Funding Amount), the Commission may reduce the scope of the <br />Local Public Improvements to the amount which may be funded with the Funding Amount. <br />In no event will the Commission be required to spend more than the Funding Amount in <br />connection with the Local Public Improvements. <br />5.3 Cooperation. The Commission agrees to endorse and support the Developer’s <br />efforts to expedite the Project through any required planning, design, permitting, waiver, and <br />related regulatory processes, provided, however, that the Commission will not be required to <br />expend any money in connection therewith. <br />5.4 Public Announcements, Press Releases, and Marketing Materials. The <br />Commission hereby agrees to coordinate all public announcements and press releases relating to <br />the Project with the Developer. <br />SECTION 6. COOPERATION IN THE EVENT OF LEGAL CHALLENGE. <br />6.1 Cooperation. In the event of any administrative, legal, or equitable action or other <br />proceeding instituted by any person not a party to this Agreement challenging the validity of any <br />provision of this Agreement, the Parties shall cooperate in defending such action or proceeding to <br />settlement or final judgment including all appeals. Each Party shall select its own legal counsel; <br />however, Developer shall reimburse the Commission for its reasonable attorneys’ fees associated <br />with the Commission’s defense of this Agreement against a third-party lawsuit. In no event shall <br />the Commission be required to bear the fees and costs of the Developer’s attorneys. The Parties <br />agree that if any other provision of this Agreement, or this Agreement as a whole, is invalidated, <br />rendered null, or set aside by a court of competent jurisdiction, the Parties agree to be bound by <br />the terms of this Section 6.1, which shall survive such invalidation, nullification, or setting aside. <br />SECTION 7. DEFAULT. <br />7.1 Default. Any failure by either Party to perform any term or provision of this <br />Agreement, which failure continues uncured for a period of thirty (30) days following written <br />notice of such failure from the other Party, shall constitute a default under this Agreement. Any <br />notice given pursuant to the preceding sentence shall specify the nature of the alleged failure and, <br />where appropriate, the manner in which said failure satisfactorily may be cured. Upon the
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