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• <br />establishment of the district or (2) to affirmatively. vote for <br />the creation of the district or other mechanism, depending on <br />the manner of creation of the funding mechanism. However, <br />Developer retains the right to protest that the .allocation of <br />costs among various properties is inequitable under any of the <br />above-mentioned funding mechanisms. City agrees to exercise <br />best efforts to enforce this provision in a fair and evenhanded <br />manner as between this Project and other projects subject to <br />similar agreements. <br />In the event the assessment mechanism appears to impose <br />economically infeasible levels of cost upon the Property, the <br />City agrees to explore alternative financing methods. <br />IV. PROJECT CONDITIONS. <br />Nothing herein shall lessen any obligation of Developer <br />required as a condition of Project approval. <br />V. DEFAULT. <br />In the event of any default in or breach of this agreement <br />by either party, such party (or successor) shall, upon written <br />notice from the other, proceed immediately to cure or remedy <br />such default or breach.. In the event such default or breach is <br />not cured or remedied within sixty (60) days after receipt of <br />such notice, the aggrieved party may institute such proceedings <br />as may be necessary or desirable in its opinion to cure and <br />remedy such default or breach, including, but not limited to, <br />proceedings to compel specific performance by the party in <br />default, or breach of its obligations and, in the case of the <br />City, denial of further building permits for the Property. <br />-5- <br />