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hIILLS A CT AGREEr1IENT <br />241 S Nortlt Paittseltia Street <br />Snttl~t Attrt, CA 92706 <br />5. Cancellation. <br />a. The City, fallowing a duly noticed public hearing by the City Council as set forth <br />in Goverzuzient Code Section 50280, et. seq., may cancel this Agreement if it determines that the <br />Owner have breached any of the conditions of this Agreement, or have allowed the property to <br />deteriorate to the point that it no longez• meets the standards for a qualified Historic Pz•opez•ty, or <br />if the City determines that the Owner have failed to restore or rehabilitate tfte property in the <br />manzzer specified in Section 3 of this Agreement. If a contract is cancelled far these reasons, the <br />Owner shall pay a cancellation fee to the County Auditor as set forth in Goverzunent Code <br />Section S028b. Tltis cancellation fee shall be a percentage (currently set at twelve and one-half <br />(12 '/2) pez'cent by Government Code Section 50286) of the current fair market value of the <br />property at the time of the cancellation, as determizzed by the county assessor, without regard to <br />any restriction imposed pursuant to this Agreement. <br />b. If the Historic Property is destroyed by earthgt-ake, fire, flood or other natural <br />disaster such that in the opinion of the City Building Official more than sixty (60) percent of the <br />original fabric of the structure must be replaced, this Agreement shall be canceled because, in <br />effect, the historic value of the structure will have been destroyed. No fee shall be imposed in <br />the case of destruction by acts of Gad or nattzz'al disastez•. <br />c. If the Historic Property is acquired by eminent domain and the City Council <br />determines that the acquisition frustrates the purpose of this Agreement, this Agreement shall be <br />cancelled and no fee imposed, as specified in Government Code Section 50288. <br />6. ~nforcenient of Agreement. <br />a. In lieu of andlor in addition to any provisions to cancel the Agreement as <br />refezenced herein, the City may specifically enforce, or enjoin the breach of, the terms of the <br />Agreement. In the event of a default, under the provisions to cancel the Agreement by the <br />Owner, the City shall give written notice to the Owner by registez'ed oz' certified mail, and if such <br />a violation is not corrected to the reasonable satisfaction of the Deputy City Manager foz• <br />Development Sezvices or designee within thirty (30) days thereafter, or if not corrected within <br />such a reasonable time as may be required to care the breach or default, or default cannot be <br />cured within thirty (30) days (provided that acts to cure the breach or default may be commenced <br />within thirty (30) days azid shall thereafter be diligently pursued to completion by the Owner), <br />then the City may, without further notice, declare a default under the terms of this Agreement <br />and may bring any action necessary to specifically enforce the obligations of the Owner growing <br />out of the terms of this Agreement, apply to any court, state or federal, for injunctive relief <br />against any violation by the Owzier or apply for such relief as may be appropriate. <br />b. The City does not waive any claim of default by the Owner if the City does not <br />enforce or cancel this Agreement. All other remedies at law or in equity which are not otherwise <br />provided for in this Agreement or in the City's regulations governing historic properties are <br />available to the City to pursue in the event that there is a breach of this Agreement. No waiver by <br />-~- <br />