If grantee fails to disprove or correct the violation within ninety (90) days or, in the case of a violation which cannot be corrected in ninety (90) days and grantee has not timely submitted a satisfactory plan, then city may declare the grantee in default, which declaration must be in writing. Grantee will not be deemed in default if it has notified grantor of a failure or inability to cure and grantor fails to object within a reasonable time after such notice. In the event that the city declares grantee in default, the city shall have the right to institute legal proceedings to collect damages from the date of the violation, or to exercise any other rights and remedies afforded the city in law or equity; provided, however, that the city may institute such legal proceedings only after the hearing has been held and the written decision issued pursuant to Section 5.60.340 and the grantee opts not to seek judicial review of the Section 5.60.340 written decision pursuant to Section 5.60.350; and provided further that the city may institute revocation proceedings against grantee only after declaration of default, pursuant to Section 5.60.360 below and only on the grounds set forth therein. (Ord. 9527 § 1 (part), 1995: prior code § 3832)