Common use of Security for Improvements Clause in Contracts

Security for Improvements. The CITY agrees that upon receipt of the secwity described in Paragraph VII it will issue building permits (upon payment of permit fees, public utility inspection fees of 0.75 of estimated construction costs aThd satisfaction of City code requirements) for Superwash. If the DEVELOPER fails to complete construction of all of the improvements, within ninety (90) calendar days of issuance of the building permit, the CITY may attach the security and cause the improvements to be made. Any engineering or construction costs in excess of the security shall be bomc by the DEVELOPER. Any additional construction services shall be let by bid, and sub ect the laws of the State of Idaho relative to the letting of such bids.

Security for Improvements. The CITY agrees that upon receipt of the secwity described in Paragraph VII it will issue building permits (upon payment of permit fees, public utility inspection fees of 0.75 0.75% of estimated construction costs aThd and satisfaction of City code requirements) for Superwash. If the DEVELOPER fails to complete construction of all of the improvements, within ninety (90) calendar days of issuance of the j to building permit, the CITY may attach the security and cause the improvements to be made. Any engineering or construction costs in excess of the security shall be bomc by the DEVELOPER. Any additional construction services shall be let by bid, and sub ect the laws of the State of Idaho relative to the letting of such bids.