Developer to Reimburse Village Administrative Costs Sample Clauses

Developer to Reimburse Village Administrative Costs. The Developer shall reimburse the Village for Village Administrative Costs. The Village shall xxxx the Developer monthly for Village Administrative Costs. Bills outstanding for more than 30 days shall accrue interest at the rate of 1 and 1/2 percent per month. Bills outstanding for more than 90 days may be forwarded to the Developer’s Financial Security Instrument agency for payment. The Village may order the suspension of work on the Project if bills are outstanding for more than 60 days. Upon request and subject to any applicable limitations of privilege, the Developer may inspect the books and records of the Village relating to invoices.
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