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In the event the subdivider fails to complete all improvement work in accordance with the provisions of this chapter and the improvement agreement, and the City shall have to complete same, the City shall call on the surety for reimbursement or shall appropriate from any cash deposit funds for reimbursement. If the amount of the surety bond, cash deposit or instrument of credit exceeds all costs and expenses incurred by the City, it shall release the remainder of such bond, cash deposit or instrument of credit, and if the amount of the surety bond, cash deposit or instrument of credit shall be less than the cost and expense incurred by the City, the subdivider shall be liable to the City for such difference. (Ord. 3153 § 2 (Exh. C), 2010; Ord. 2100 § 1, 1985; Ord. 1369 § 2, 1971; prior code § 28.314(3). Formerly 18.16.320).