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<br />4:4 ~ Cit ma terminate-this contract immediatel u on'Gont~actor's ~ ' ~` ~
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<br />' ~'force an insurance reqaired, b this:contracf. ~
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<br />..Exce t~ as r,ovided in~~ aragraph 6~below, in the eVent of a: ter`mination, City shalf'pay , -
<br />~ ..~ Contractor forlNork' performed to the date ~of termination. ' . :
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<br />5: Remedies - . , r ~ , ; ,
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<br />'~ .~5.~1 In the event of a termination of.this contract:by City because of a' breach by ' ,
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<br />' _ .~: Cont'ractor, City may complete ~the Work either by ifself or by cont'ract with' other ~::' ~ ~~
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<br />persons;~,or any com6ination `thereof. ;Contractor :shall be liable:to City for any costs: : ~
<br />:~or;losses incurred by.Cify'arising out,~of or related",to,the breach, including costs `
<br />incurred in selecting othe'r contractors, time-delay losses, ~attorney fees and the_like, -~- ~
<br />~~~ less,fhe remaining:unpaid balance of;the'consideration pro~ided in this contract. ~ ` ~
<br />: ~ ~ City may withhold payment of sums.due Contractor for Work perFormed to the date `
<br />~ ~` of.termination until City's costs and iosses have been defermined, at:which.time Gify -~. . :
<br />may offset any such amount tlue Contractor-against the`costs and iosses incurred ~,,
<br />.. by City: ~
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<br />~ 5.2~ -" The foregoing remedies provided to City for.breach of this contract by Contractor .. ~.~, ,
<br />. .•'~shaltnot~be exclusive. City:shall,be entitled to exercise;any one or rnore other legat _
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<br />. ~,,~ or equitable remedies available because of-'Contractor's breach:. ~. ~
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<br />:. ,'~~ • 5:3 In:the event,of breach of this contract.by City, Contractor;s remedy shall-be-limited. .
<br />` ~~ to termination' of this contract and;payment for Work performed to the date of ~
<br />~ fermination: `., ~ , ; .
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<br />~6.. Records/Inspection: ;~ Contractor shall, mainfain recocds of its cha~ges to City`undec this ;_~
<br />. contract for a,period of not less than #hree full fscal years following Contractors '...
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<br />~ , p p . tice, Gity or its; aufhoriied ,
<br />com letion of this contract. U on' reasonable advance no
<br />,; representatives may from time to, time inspect; audit and make copies of any of ~` ,, .,. ,, -`
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<br />~ a nments to the Contha to ~were inhexcessrof the amo n tto wh clli Co trac s that. : :,
<br />' p y tor was entitled ~' `~
<br />_, . under tliis eontract, Contractor shall; promptly-pay to. City the amount of "such excess " If : ~
<br />_-the excess is gceater than one percent`of the contract amount, Contractor;shafl also reim-' _ ~
<br />, curred in performing the'audit '. , ,
<br />burse City its rea~onable costs in
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<br />7. ,~ Indemnification : Contractor shall~indemnify and hold City, and,its'officers;,agents and .
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<br />employees; fiarmless from~and againsf all~clairns, actions,'liabilities, costs, including -
<br />~ '~ attorney fees and other costs of defense,~ arising out.of or in any way~ related to the Work;
<br />Contr`acto~'s failure to'stricfly comply with any pro'vision of~this contract or.any. other actions r ~
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<br />' - or failure to act by' Contractor and Contractor's employees; agents, officers and ~: .~
<br />~ contractors In the'event°any such action or claim is bcought against City, Contractor shall,
<br />, ' if City so elects and upon tender-~by Gity, defend the'same at Contractor's sole eost_and _
<br />~' expense, promptly.satisfy;any judgment adverse to City or.to City and.Contcactor, jointly,
<br />~ ..: and reimtiurse City.for~any:,loss;~ cost, damage or expense; including ~attorney, fees; ~-
<br />~ ~ suffered.or incurred by City.. ~ ; ~ ~ ~. ~ . .
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