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<br />229446v1 <br /> 27. RESPONSIBILITY FOR COSTS. <br />A. Except as otherwise specified herein, the Developer shall pay all costs incurred by it or the <br />City in conjunction with the development of the plat, including but not limited to Soil and <br />Water Conservation District charges, legal, planning, engineering and construction <br />observation inspection expenses incurred in connection with approval and acceptance of the <br />plat, the preparation of this Contract, review of construction plans and documents, and all <br />costs and expenses incurred by the City in monitoring and inspecting development of the plat. <br />B. The Developer shall hold the City and its officers, employees, and agents harmless from claims <br />made by itself and third parties for damages sustained or costs incurred resulting from plat <br />approval and development. The Developer shall indemnify the City and its officers, <br />employees, and agents for all costs, damages, or expenses which the City may pay or incur in <br />consequence of such claims, including attorneys' fees. <br />C. The Developer shall reimburse the City for costs incurred in the enforcement of this Contract, <br />including engineering and attorneys' fees. <br />D. The Developer shall pay, or cause to be paid when due, and in any event before any penalty <br />is attached, all special assessments referred to in this Contract. This is a personal obligation <br />of the Developer and shall continue in full force and effect even if the Developer sells one or <br />more lots, the entire plat, or any part of it. <br />E. The Developer shall pay in full all bills submitted to it by the City for obligations incurred under <br />this Contract within thirty (30) days after receipt. If the bills are not paid on time, the City may <br />halt plat development and construction until the bills are paid in full. Bills not paid within <br />thirty (30) days shall accrue interest at the rate of eighteen percent (18%) per year. <br />Page 84 of 379