Common use of Extreme Hardship Clause in Contracts

Extreme Hardship. The Subdivider may submit a written request to the Authorized Official requesting an exception to the installation of the required Public Improvements within the specified timeframe when installation of said improvements will create an extreme hardship for the Subdivider. The Authorized Official will have sole discretion in determining if an extreme hardship exists. If the Authorized Official determines an extreme hardship exists, the Authorized Official will determine the length of time the installation of the improvements will be allowed to be delayed up to a maximum of two years from the date of such determination. The Authorized Official may require a Performance Security be provided for an amount of up to one hundred percent of the cost of the improvements not completed plus projected inflationary costs for said Public Improvements.