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Municipality by Letter of Credit the sum of $82,000.00 drawn on the
Granville Square Branch of the Bank of Montrealt
(d) The Developer agrees that if the aforesaid laniscaping, off-site

works, and services are not completed or madein accordance with the terms

“of this agreement, the Municipality may complete the work or make the pay-

ments at the cost of the Developer and deduct from the deposit held by the

Municipality the cost of such completion or payment, and the balance of
the deposit shall be returned to the Developer, less any administration
fees required. If there ig insufficient money on deposit with the
Municipality, then the Developer will pay such deficiency to the Municipality
immediately upon receipt of the Municipality's bill for completion,

It is understood that the Municipality may do such work as required to
complete the said works and services either by itself or by Contractors
employed by the Municipality. If all the Developer's convenants are
carried out as herein provided, then the deposit, less administration
fees, shall be returned to the Developer. . .
14. The Developer further covenants and‘agrees to contribute forthwith
to the Municipality the sum of $22,922.00, being the net total of those
amounts set out in Section "B" of Appendix 8 hereto, required to defray
the excessive costs incurred by the Municipality for the purposes set

out herein and which the Municipality covenants and agrees to apply to
the cost of those works and services set out in the said Section "B" of
Appendix 8 hereto.

15. The Developer covenants and agrees not to deposit any material or
debris upon any roads during the construction of the said work and to
continuously carry on the construction of the said work in a good and
Proper worlamanlike manner causing as little disturbance to neighbouring
properties as is reasonable under the circumstances. In the event that
any material or debris should be deposited upon any road during the
construction of the work or should the Construction by the Developer
constitute a nuisance to neighbouring properties of the work the Developer
covenants and sgrees that the Municipality may forthwith remov? such
material or debris or put right such nuisance at the expense of the
Developer, the cost thereof to be determined by the Engineer. In the
event that construction of the work ‘ceases for any period of time in
excess of thirty days the Developer covenants and agrees that the Municipality

may forthwith enter upon the property and construct thereon a solid