Common use of Delivery of Security Clause in Contracts

Delivery of Security. Developer shall furnish to the City the security required by this Section and subsection 17.21.100(B) of the Fruita Municipal Code prior to the recording of the Subdivision Final Plat. Unless expressly authorized by the City, the Developer shall not commence any work within the Subdivision until such approved security is furnished to the City. Developer shall not convey any lot within the Subdivision to any third party until such approved security is delivered to the City.

Delivery of Security. Developer shall furnish to the City the security required by this Section and subsection 17.21.100(B) of the Fruita Municipal Code prior to issuance of and planning clearance for the recording of the Subdivision Final PlatProperty. Unless expressly authorized by the City, the Developer shall not commence any work within the Subdivision Development until such approved security is furnished to the City. Developer shall not convey any lot within the Subdivision Development to any third party until such approved security is delivered to the City.

Delivery of Security. Developer shall furnish to the City the security required by this Section and subsection 17.21.100(B) of the Fruita Municipal Code prior to the recording final approval of the Subdivision Final Plat. Unless expressly authorized by the City, the Developer shall not commence any work within the Subdivision until such approved security is furnished to the City. Developer shall not convey any lot within the Subdivision to any third party until such approved security is delivered to the City.