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2026 Resolutions
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2026 Resolutions
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8/26/2026 1:59:45 PM
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qualify for exemption under the public service records laws, and his determination shall be final <br />and binding and shall not constitute a dispute or breach of this Agreement. <br />16. INTENTIONALLY OMITTED. <br />17. PAYMENTS TO SUBCONTRACTORS <br />A. The Developer shall take one of the two following actions within seven (7) <br />calendar days after receiving amounts paid to the Developer by the City for work performed by <br />any subcontractor under this Agreement: <br />1. Pay the subcontractor for the proportionate share of the total payment <br />received from the City attributable to the work performed by the subcontractor under that <br />subcontract; or <br />2. Notify the City and the subcontractor, in writing, of the Developer's <br />intention to withhold all or a part of the subcontractor's payment and explain the reason <br />for the nonpayment. <br />B. The Developer shall pay interest at the rate of one (1) percent per month to the <br />subcontractor on all amounts owed by the Developer that remain unpaid after seven (7) <br />consecutive calendar days following receipt by the Developer of payment from the City for work <br />performed by the subcontractor under that contract, except for amounts withheld as allowed in <br />subsection A.2 above. <br />C. The Developer shall insert in each of its subcontracts a provision requiring each <br />subcontractor to include or otherwise be subject to the same payment and interest requirements <br />with respect to each lower -tier subcontractor. <br />D. The Developer's obligation to pay an interest charge to a subcontractor pursuant <br />to this section shall not be construed to be an obligation of the City. This Agreement may not be <br />modified for the purpose of providing reimbursement for such interest charge. <br />E. So long as the failure of the Developer to make prompt payment is not due to the <br />failure of the City to pay the Developer, the Developer shall indemnify and hold the City <br />harmless for any lawful claims resulting from failure of the Developer to make prompt payments <br />to all persons supplying the Developer with equipment, labor, tools or materials in prosecution <br />and completion of the work provided for in the Agreement. In the event of such claims, the City <br />may, after providing written notice to the Developer, withhold from any progress and/or final <br />payment the unpaid sum of money deemed sufficient to pay all lawful claims and associated <br />costs in connection with the Agreement. <br />18. NON-DISCRIMINATION <br />Developer covenants and agrees that during the performance of this Agreement: <br />11 <br />
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