Resolutions-2017-128

SECTION 13. TIME OF PERFORMANCE Developer shall install all required public improvements, except for sidewalk construction deferred in accordance with Section 3(C)(4), within two (2) years from the date of the City approval of the final plat for each of Phase 1 and Phase 2this agreement. In the event that the Developer fails to install the required public improvements within the above-referenced time, authorization to proceed with the development shall cease, and the Developer shall be required to seek reauthorization and approval of this development, provided that Developer may request an extension of time from the City. If an extension is granted, it may be conditioned upon updating any security posted by the Developer or requiring the Developer to provide security to reflect cost increases and extended completion date. SECTION 14. NOTICES Required notices to the Developer shall be in writing and shall either be hand delivered to the Developer, its agents or employees, or mailed to the Developer by registered mail at the following address: TPV Commercial, LLC Attn: Matthew Adam 2916 Hwy 1 NE Iowa City, IA 52240 Notices to the City shall be in writing and shall be either hand delivered to the City Administrator or mailed to the City by registered mail in care of the City Administrator at the following address: Tiffin City Administrator 300 Railroad St., P.O Box 259 Tiffin, IA 52340 __________________________ __________________________ __________________________ Notices mailed in conformance with this section shall be deemed properly given. SECTION 15. MISCELLANEOUS A. The Developer represents and states that the plat complies with all City, state and federal laws and regulations, including but not limited to subdivision ordinances, zoning ordinances and environmental regulations. The City may, at its option, refuse to allow construction or development work in the subdivision until the Developer complies with the appropriate law or regulation. Upon the City’s demand, the Developer shall cease work until there is compliance. B. Third parties shall have no recourse against the City under this Agreement.