For District Services Sample Clauses
For District Services. Upon execution of this Agreement, Developer agrees to advance to District the deposit amount set forth in Attachment A to fund the District engineering, legal and administrative services in connection with District’s study and investigation of water, sewer, drainage, and recycled water (if applicable) service to the Project, plan review, inspection of construction, testing of improvements, and other costs incurred by District in the performance of its duties under this Agreement and otherwise in connection with extending and providing water, sewer, drainage, and recycled water facilities and service to the Project. District will draw on this deposit to pay or reimburse periodic invoices from the District consultants and to reimburse District for the cost of District staff time and materials. If, before completion of the Work, the deposit becomes depleted or 20% or less of the deposit remains, District reserves the right to require additional deposits to cover additional anticipated District costs. If any requested deposit or payment is not timely made, District may so notify Developer and it will have ten days to cure the default. If deposit or payment has not been made within the ten-day period or if the funds become depleted, then District will suspend all services in connection with the Work pending receipt of the deposit or payment. If the deposit or payment remains unpaid, then District may terminate this Agreement. District will refund to Developer any deposit remaining upon termination of the Agreement without interest. District shall deposit Developer deposits into a special fund for the purpose of paying and reimbursing District costs. Any Developer deposit remaining upon completion and acceptance of the Work will be refunded without interest to Developer. If the final total District costs exceed the amount of the deposit(s), Developer must pay the difference upon demand and before the District accepts the Work.
