Water Line Installation. Developer shall construct a water line in the location identified on Exhibit H hereto as part of the Project, and shall dedicate and convey same to City on completion. Such construction shall be completed in accordance with City’s normal process, including without limitation City review and approval of the plans and specifications therefor, and the completed work shall have been approved for acceptance into the City’s utility system. In connection therewith, and at no cost to Developer, City shall process all required abandonments of existing public utility easements covering the water line and related improvements to be constructed. Developer shall diligently prosecute construction of the water line following the Closing on the Phase I City Property. Developer shall retain all invoices and other evidence of payment of Installation Costs pertaining to the water line and make same available for review by City. City shall have the right to review and audit Developer’s records and accounts to verify that all expenditures have been accurately allocated.
Appears in 2 contracts
Sources: Development and Disposition Agreement, Development and Disposition Agreement