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(C) Such additional information as may be reasonably requested in writing by the <br /> City to ensure compliance with the foregoing provisions, including without limitation copies of <br /> the Contractor's sales and use tax returns and schedules of purchases of materials, fixtures, <br /> equipment, and machinery <br /> (e) Acknowledge and agree to the following CONTRACTOR ACKNOWLEDGES <br /> AND AGREES THAT THE CITY IS A THIRD PARTY BENEFICIARY OF THE <br /> FOREGOING PROVISIONS AND THAT CONTRACTOR'S AGREEMENT TO COMPLY <br /> WITH SUCH PROVISIONS FOR THE BENEFIT OF THE CITY IS A MATERIAL <br /> INDUCEMENT TO DEVELOPER IN ENTERING INTO THIS CONTRACT <br /> CONTRACTOR FURTHER AGREES THAT PROVISIONS MAY BE DIRECTLY <br /> ENFORCED BY THE CITY WITHOUT LIMITING THE REMEDIES OR OWNER OR THE <br /> CITY, THE CITY SHALL HAVE THE RIGHT TO SEEK, AS DAMAGES, THE FULL <br /> AMOUNT OF ANY SALES AND USE TAXES NOT ALLOCATED TO THE CITY AS A <br /> RESULT OF CONTRACTOR'S FAILURE TO COMPLY WITH THE FOREGOING <br /> PROVISIONS, WITHOUT REGARD TO WHETHER CONTRACTOR OR ITS <br /> SUBCONTRACTORS PAID SUCH SALES AND USE TAX, TOGETHER WITH INTEREST <br /> AT THE LOWER OF 10% OR THE HIGHEST INTEREST RATE ALLOWED BY LAW <br /> 2 of 2 <br />