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from the =rcoerty or part thereof in connecticn with <br />recapture <br />s"ch management or resale; <br />u all _axes, <br />=ssessmc'I_J, and.. Neater and sewer ch:ar'ves <br />w-th respec_ <br />to tI- 'roperty or Far_ thereof, or, in <br />the event <br />te Property is exempt from taxation or <br />assessment <br />or such charges during the period of <br />ownership <br />t ereof by the City, an amount, if paid, <br />equal to such <br />taxes, assessments, or charges, as <br />determined <br />:,y the appropriate assessing officials, as <br />would have <br />been payable if the Property were not so <br />exempt; <br />C. any payments made or needed to be made to discharge <br />any encumbrances or liens existing on the Property or <br />part thereof at the time of revesting of title in the <br />City or to discharge or prevent from attaching or <br />being made any subsequent encumbrances or liens due <br />to obligations, defaults, or acts of the Developer, <br />its successors or transferees; <br />d. any expenditures made or obligations incurred in <br />making or completing the construction or any part <br />thereof on the Property or part thereof; <br />e. and any amounts otherwise owing the City by the <br />Developer and its successor or transferee; and <br />2. Second, to reimburse the Developer, its successor or <br />transferee, up to the amount equal to: <br />a. the sum of the Purchase Price paid by it for the <br />Property (or allocable to the part thereof) and the <br />cash actually invested by the Developer in <br />construction on the Property or part thereof, less <br />b. any gains or income withdrawn or made by the <br />Developer from the Agreement or the Property. <br />Any balance remaining after such reimbursements shall be retained <br />by the City as its property. <br />G. Other Rights and Remedies of City; No Waiver by Delay. The <br />City shall have the right to institute such actions or <br />proceedings as it may deem desirable for effectuating the <br />purposes of this Section VI. This would include the right to <br />execute and record or file among the publwc land records in the <br />office in which the Deed is recorded a written declaration of the <br />termination of all the right, �_tle, ana interest of the <br />Developer, and (except for such individ'_-al parts upon which <br />construction has been completed unc:r t o Agreement, and subject <br />