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depending on the manner of creation of the funding mechanism. <br />However, Owners retain the right to protest that the <br />allocation of costs among various properties is inequitable <br />under any of the above-mentioned funding mechanisms. <br /> <br /> In the event the assessment mechanism appears to impose <br />economically infeasible levels of cost upon the project site, <br />the City agrees to explore alternate financing methods. <br />V. PROJECT CONDITIONS <br /> <br /> Nothing herein shall lessen any obligation of Owners <br />required as a condition of project approval. <br />VI. DEFAULT <br /> <br /> In the event of any default in or breach of this <br />agreement by either party, such party (or successor) shall, <br />upon written notice from the other, proceed immediately to <br />cure or remedy such default or breach and, in any event, <br />within sixty (60) days after receipt of such notice. In the <br />event such default or breach is not cured or remedied within <br />said sixty (60) day period, the aggrieved party may institute <br />such proceedings as may be necessary or desirable in its <br />opinion to cure and remedy such default or breach, including, <br />but not limited to, proceedings to compel specific <br />performance by the party in default or breach of its <br />obligations and, in the case of the City, denial of further <br />building permits for the project site. <br /> <br /> -5- <br /> <br /> <br />