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16. CITY'S POWER TO TERMINATE <br />Should Contractor commit any of the acts specified in this paragraph, City may, by giving ten (1 O) <br />calendaz days notice in writing thereof to Contractor, without prejudice to any other rights or remedies <br />given City by law or by this Contract, terminate the services of Contractor under this Contract, take <br />possession of all materials and appliances located on said real property, and complete the work required by <br />this Contract. Contractor shall be deemed to have committed an act specified in this paragraph if it shall: <br />(a) Be adjudged a bankrupt; <br />(b) Make a general assignment for the benefit of its creditors; <br />(c) Refuse or fail to supply enough properly skilled workers or proper materials to complete the <br />work required by this Contract within the time specified in this Contract; <br />(d) Fail to make prompt payment to subcontractors, laborers, or material men for labor <br />performed or materials funiished to the work required by this Contract; <br />(e) Persistently disregard any law or ordinance relafing to the work required by this Contract <br />or the completion thereof; or <br />(fl Otherwise commit a substantial violation of any provision of this Contract. <br />17. RIGHTS ON TERMINATION BY CITY <br />Should City terminate the services of Contractor under this Contract and complete the work <br />pursuant without Contractor, Contractor shall not be entitled to receive any fiu ther payment under this <br />Contract until the work is fully completed. On completion of said work by City, if the unpaid balance of <br />the contract price exceeds the expenses incurred by City in completing the work, including any <br />compensation paid by City for managerial, administrative, or supervisorial services in completing the work, <br />such excess shall be promptly paid by City to Contractor. If, however, on completion of the work by City, <br />the expenses incurred by City in completing said work, including any compensation by City for managerial, <br />administrative, or supervisorial services in completing said work, exceed the unpaid balance of the contract <br />price, such excess shall be promptly paid by Contractor to City. <br />18. CONTRACTOR'S POWER TO TERMINATE CONTRACT <br />Should City fail to pay to Contractor within thirty (30) calendaz days after such receipt of proper <br />invoice, without just cause, any amount payable by City to Contractor, Contractor may, by giving fifteen <br />(15) calendar days written notice thereof to City, terminate its services under this Contract and stop work on <br />said Property. <br />19. LIQUIDATED DAMAGES <br />Contractor and City agree that it would either be impractical or extremely difficult to fix actual <br />damages in the event Contractor fails to complete the described work within the time prescribed by this <br />Contract. In connection therewith, Contractor agrees to pay City liquidated damages for each calendar day <br />beyond the date when completion is required hereinabove, excluding extensions as stated, below in the <br />following amount: One Hundred Dollazs ($100.00) per calendar day. The amount of liquidated damages <br />shall be deducted from the Contractor's Retention Payment at project completion. If at any time the amount <br />of liquidated damages exceeds the amount of Retention Payment, there shall not be any payment to the <br />Contractor until such time that the amount of payment due the Contractor exceeds the amount of liquidated <br />damages.