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Minutes - Council - 02/09/1988
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Minutes - Council - 02/09/1988
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Meetings
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Minutes
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Council
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02/09/1988
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IX. <br /> <br />Remedies Upon Default. <br /> <br />A. City's Remedies: <br /> <br /> 1. Require payment of an amount equal to the value of the proposed <br /> improvements of $ less any expense~ required to implement <br /> those improvements to date of notice of defalt. <br /> <br /> 2. Require specific performance of the Contract. <br /> <br /> 3. Suspend its performance under the Contract. <br /> <br />B. Developer's Remedies: <br /> <br /> 1. Suspend its performance under the ContraCto <br /> <br /> Require payment of expenses inoured in implementing notice <br /> conditions of Contract. <br /> <br /> 3. Require specific performance of the Contract° <br /> <br /> <br />
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