Common use of Notwithstanding Sections 5 Clause in Contracts

Notwithstanding Sections 5. 1.1 and 5.1.2, the development officer may grant a occupancy permit without fulfilling landscaping requirements if the Developer provides a financial guarantee, performance bond, or security in the amount equal to the estimated cost of the landscaping. Said financial guarantee, performance bond, or security will be remitted if the work is completed by the developer within a year.