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Agenda - Council - 09/27/2011 - Special
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Agenda - Council - 09/27/2011 - Special
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Last modified
3/18/2025 2:18:11 PM
Creation date
9/28/2011 2:42:06 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Title
Special
Document Date
09/27/2011
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ARTICLE IX <br />Section 9. <br />ARTICLE X <br />2695614v12 <br />Section 7.2 <br />Section 7.3 <br />Section 7.4 <br />Section 7.5 <br />Section 7.6 <br />Section 8.1 <br />Section 8.2 <br />Section 8.3 <br />Section 8.4 <br />Section 8.5 <br />Section 8.6 <br />Section 8.7 <br />Section 1 <br />Section 1 <br />ARTICLE XI <br />Section 1 <br />TABLE OF CONTENTS <br />(continued) <br />Loan Agreement, Note No. 1 and Corporate Guaranty 12 <br />Fee in Lieu of Interest and Default Interest Rate 12 <br />Repayment Terms 12 <br />Prepayments 13 <br />Submission of Financial Information 13 <br />ARTICLE VIII LOAN NO. 2 13 <br />Loan No. 2 13 <br />Loan Agreement, Note No. 2, and Personal Guaranty 13 <br />Initial Interest Rate, Interest Rate Increase and Default Interest <br />Rate 14 <br />Repayment Terms 14 <br />Prepayments 14 <br />Limitations on Disbursements and Disbursement of Costs of <br />Issuance 14 <br />Credit Against Interest 15 <br />PARKING RAMP IMPROVEMENTS 15 <br />1 Parking Ramp Improvements 15 <br />REAL ESTATE TAX PAYMENTS AND ASSESSMENT <br />AGREEMENT 15 <br />0.1 Real Property Taxes 15 <br />0.2 Assessment Agreement 16 <br />RESTRICTIONS ON ASSIGNMENTS AND TRANSFERS, <br />SUBORDINATION AND RENTAL RESTRICTIONS 16 <br />1.1 Prohibition against Transfer of the Development Property; <br />Assignment of Development Agreement and Assignment of the <br />TIF Note 16 <br />Section 11.2 Permitted Collateral Assignments 17 <br />Section 11.3 Subordination of Development Agreement to Project Mortgage <br />and Extension of Time to Cure 17 <br />Section 11.4 Rental Restrictions 17 <br />ARTICLE XII INDEMNIFICATION OF THE CITY AND THE HRA 18 <br />Section 12.1 Indemnification of the City and the HRA 18 <br />ii <br />Page <br />
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