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(b) ~it¥'s Right of Re-Entr~. <br /> <br /> In the event that subsequent to conveyance of the <br /> <br />non-public purpose portion of any of the Redevelopment <br />Properties to the Redeveloper pursuant to Sections 1 and 2 <br />hereof, but prior to the commencement of the construction of <br />any Improvements thereon, the Redeveloper shall be in default <br />of its obligations with respect to the commencement of such <br />construction, and any such default shall not be cured, ended, <br />or remedied within one hundred and fifty (150) days after <br />written demand by the City to do So, then the City shall have <br />the right to re-enter and take possession of any such <br />Redevelopment Properties and to terminate (and revest in the <br />City) the estate conveyed by the City to the. Redeveloper, it <br />being the intent of this provision, together with other <br />provisions of this Agreement, that the conveyance of the <br />non-public purpose portion of any Redevelopment Properties to <br />the Redeveloper shall be made upon, and that the Deed or Deeds <br />conveying the Redevelopment Properties from the City to <br />Redeveloper shall contain, a condition subsequent to the effect <br />that in the event of any default by the Redeveloper specified <br />in this Paragraph, failure on the part of the Redeveloper to <br />remedy, end~ or abrogate such default within the period and in <br />the manner Stated in this Paragraph, ~the City at its option may <br />declare a termination in favor of the City of the title, and of <br />all the rights and interests in and to the affected <br />Redevelopment Properties, and that such title and all rights <br />and interests of the Redeveloper therein, and any assigns or <br /> <br />- 26 - <br /> <br /> <br />