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The Developer shall provide a written notification to the City every two (2) years from the date the contract is executed, providing the Developer’s name, current physical and mailing address, and telephone number. At any time during the term of the latecomer contract, if two (2) years and sixty (60) days lapse without written notification from the Developer, then the latecomer fees collected by the City under the latecomer contract will be deposited in the City’s capital fund. (Ord. 2748, 1/27/15)