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M. Developer will be responsible, at its own expense cost, for the repair of the haul route road and or taxi -lanes if said road or taxi -lanes are in need of repair after the completion of the project. V. Cit 's 049229M 5.1 City shall grant Developer the right to develop and construct the Improvements, and upon completion and all necessary and required inspections to determine that the Improvements meet all requirements and specifications, will accept the dedication and thereafter be responsible for maintaining the Improvements. 5.2 5.3 The City shall install six (6) fire hydrants and water lines to service said hydrants with the work to be completed by the City's Department of Public Works. VI. Construction 6.1 Upon execution of this Agreement by both parties (the Effective Date), Developer will, as soon as is practicable given weather conditions, mobilize and begin construction of the Improvements and shall complete same by __ , 2024. VII. Conditions 7.1 The terms and conditions of this Agreement are binding upon and enforceable against and with respect to the successors and assigns of all parties hereto. VIII. Insurance and Indemnification 8.2 Insurance. a. Before commencing work, the Developer, or its construction Contractor and Subcontractors (for the purposes of this Section 8.2, referred to collectively as "Developer"), shall, at their own expense, procure, pay for and maintain during the term of this Agreement the following insurance written by companies approved by the State of Texas and acceptable to the City of Paris. The Developer/Contractor/Subcontractors shall furnish to the City Clerk copies of the insurance policies required herein stating coverages, limits, expiration dates and compliance with all applicable required provisions. Certificates shall reference the project/contract number and be addressed as follows: