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(C) Such additional information as may be reasonably requested in writing by the <br />City to ensure compliance with the foregoing provisions, including without limitation copies of <br />the Contractor's sales and use tax returns and schedules of purchases of materials, fixtures, <br />equipment, and machinery. <br />(e) Acknowledge and agree to the following: CONTRACTOR ACKNOWLEDGES <br />AND AGREES THAT THE CITY IS A THIRD PARTY BENEFICIARY OF THE <br />FOREGOING PROVISIONS AND THAT CONTRACTOR'S AGREEMENT TO COMPLY <br />WITH SUCH PROVISIONS FOR THE BENEFIT OF THE CITY IS A MATERIAL <br />INDUCEMENT TO DEVELOPER IN ENTERING INTO THIS CONTRACT. <br />CONTRACTOR FURTHER AGREES THAT PROVISIONS MAY BE DIRECTLY <br />ENFORCED BY THE CITY. WITHOUT LIMITING THE REMEDIES OR OWNER OR THE <br />CITY, THE CITY SHALL HAVE THE RIGHT TO SEEK, AS DAMAGES, THE FULL <br />AMOUNT OF ANY SALES AND USE TAXES NOT ALLOCATED TO THE CITY AS A <br />RESULT OF CONTRACTOR'S FAILURE TO COMPLY WITH THE FOREGOING <br />PROVISIONS, WITHOUT REGARD TO WHETHER CONTRACTOR OR ITS <br />SUBCONTRACTORS PAID SUCH SALES AND USE TAX, TOGETHER WITH INTEREST <br />AT THE LOWER OF 10% OR THE HIGHEST INTEREST RATE ALLOWED BY LAW. <br />2of2 <br />