Developer’s Warranty. The Developer hereby warrants that in the event any of the improvements installed by the Developer pursuant to the above-referenced plans, conditions and specifications contained in the City's file, fail to remain free from defects in materials, workmanship or installation, or in the case of landscaping, that the landscaping fails to survive, for a period of two (2)-years from the date of acceptance of the installation of the improvements by the City, then the Developer shall either remedy the default, or forfeit the funds set aside in the escrow account for this purpose.
Appears in 1 contract
Sources: Cash Set Aside Maintenance Agreement
Developer’s Warranty. The Developer hereby warrants that in the event any of the improvements installed by the Developer pursuant to the above-referenced plans, conditions and specifications contained in the City's file, file fail to remain free from defects in materials, workmanship or installation, or in the case of landscaping, that the landscaping fails to survive, for a period of two (2)-years 2) years from the date of acceptance of the installation of the improvements by the City, then the Developer shall either remedy the default, or forfeit the funds set aside in the escrow account for this purpose.
Appears in 1 contract
Sources: Cash Set Aside Agreement