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<br />development agreement setting forth the terms <br />and conditions under which the City will acq:uire <br />the land necessary for the private development <br />and guaranteeing that the Developer will Construct <br />his facilities to the satisfaction of the City. <br />This latter agreement shall include, among other <br />provisions, the land purchase price to be paid by <br />the Developer, the commitment of the City to <br />undertake its responsibilities and Developer to <br />complete their respective plans, the terms under <br />which the City will participate in facilitating <br />the project, and the amount of surety or performance <br />bond to be submitted by the Developer guaranteeing <br />the completion of the construction of its facilities <br />within the time to be specified. <br />11. In the event the Developer fails to sign a <br />joint development agreement within days <br />of the termination date of this agreement then, <br />and in that event, the Developer agrees to pay <br />any and all costs incurred by the City in connection <br />with the City activities described above, including <br />but not limited to: <br />A. Consulting, engineering, architectural, and <br />appraisal fees incurred or to be incurred by <br />the City; and <br />B. Relocation consultants' fees and attorneys' <br />fees incurred by the City in connection with <br /> <br />-6- <br />