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486 <br /> <br />(3) <br /> <br />Agreement and/or give notice of termination of <br /> <br />this Agreement. <br /> <br />Evidence of default may also arise in the <br />course of a regularly scheduled periodic <br />review of this Agreement pursuant to <br /> <br /> Government Code Section 65865.1, as described <br /> in Section 2.A above. If City determines that <br /> Developer is in default following the <br /> completion of the normally scheduled periodic <br /> <br /> review, City shall give Developer not less <br /> than thirty (30) days' notice in writing <br /> specifying the nature of the alleged default <br /> <br />and the manner in which said default may be <br />satisfactorily cured. During any such 30-day <br />period, Developer shall not be considered in <br />default. If the nature of the default in <br />question is such that it cannot reasonably be <br /> <br />cured within such 30-day period, the <br />commencement of the cure within such time <br />period and the diligent prosecution to <br /> <br />completion of the cure shall be deemed a cure <br />within such period. If the default is not so <br />cured, City, at its option, may institute <br />legal proceedings pursuant to this Agreement <br />and/or give notice of intent to terminate this <br /> <br />2/23/90 <br /> <br />-15- <br /> <br /> <br />