R94-118 AUTHORIZING AGREEMENT - WASTE RECYCLING, INC.

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• t �* � + . . ' , t r y` �' i � 13.7. In addition to the remedies set out in this Section XIII, Contractor shall be liable for liquidated damages in the amount below set out: For failure to complete any missed collection by the time and date required by Subsection 4.3 hereof, or by the termination of any extension granted pursuant to any provision of this Agreement, liquidated damages of One Hundred Fifty Dollars ($150.00) per day until such collection route is completed. 13.8. In addition to the remedies set out in this Section, if a default occurs under Subsection 14.7 hereof, the City can exercise the remedy provided in that paragraph, or if a default occurs under Subsection 14.8 hereof, the City can also exercise the remedy provided in that paragraph, and if Contractor fails to maintain the bond required by, and in the amount required by, Subsection 12.2. hereof, then the City can exercise the remedy provided in that paragraph. 13.9. This Agreement shall terminate effective the date it is made invalid, if made invalid, by any future law or statute, other than by City ordinance. 13.10. In the event the City fails to make any payment to Contractor when and in the amount required by this Agreement, and if such failure continues for ten days after notice of the failure is given to the City, the Contractor shall have as its sole and exclusive remedy, the right to recover such sum, together with interest thereon at the rate of nine percent (9%) per annum from the date of default, by a civil suit against the City. Also, Contractor shall be entitled to collect from the City all costs and expenses incurred by Contractor in recovering such sum, including reasonable attorneys' fees, with interest on such costs and expenses at the rate of nine percent (9%) per annum, from the date of each expenditure by Contractor until paid by the City.