Release of Maintenance Bond: 29. Upon the Municipal Engineer being satisfied that the Developer has complied with Section 15 (Maintenance Deposit) the Engineer will, upon the expiry of one (1) year, issue a Certificate verifvina the fact of apparent compliance (here- inafter called a "Certificate of Acceptance"), Certificate of Acceptance: 30. Upon the issuance of a Certificate of Acceptance, the Municipality will return the securities required to be deposited by the Developer pursuant to Section 15 herein, Cost of Development: 31. The entire cost of the development including the Provision of all services and the provision and construction of the works described herein shall be paid by the Developer, Reoresentations and Warranties, etec.: 32. It is understood and agreed that the Municipality has made no representations, covenants, warranties, guarantees, prom- ises or agreements {verbal or otherwise) with the Developer other than those in this Contract. Registration: 33. This Contract shall have the force and effect of a restrictive covenant running with the land and shall be regis- tered in the Lane Registry Office by the Municipality, pursuant to the provisions of Section 702A(4) of the “Municipal Act”. Interpretation: 34, Wherever the sinoular or masculine is used ierein, the same shall be construed as meaning the plural, or body corporate or Politic where the Contract or the parties So require, Binding: 35. This Contract shall enure to the benefit of and be binding wpon the parties hereto and their respective heirs, executors, administrators, successors and assigns. A PUBLIC HEARING on this Contract was held the A.D. 197 . THIS CONTRACT was approved by an affirmative vote at least two-thirds of the members of the Municioal Council The Corporation of the City of Port Cocuitlam, then present entitled to vote thereon, on the day of A.D. IN WITNESS WHEREOF the said parties to this Contract have hereunto set their hands and seals the Gay, and year first above written. The Corporate Seal of THE COR- PORATION OF THE CITY OF PORT COQUITLAM was hereunto affixed in the presence of: Mayor Clerk The Corporate Seal of NU-WEST DEVELOPMENT CORPORATION was hereunto affixed in the pres- ence of its duly authorized officers: