Laserfiche WebLink
Table of Contents <br />Page <br />ARTICLE I RECITALS 1 <br />ARTICLE II DEFINITIONS 2 <br />Section 2.1 Definitions 2 <br />ARTICLE III REPRESENTATIONS, WARRANTIES AND COVENANTS 6 <br />Section 3.1 Representations and Warranties of the City and the HRA 6 <br />Section 3.2 Representations, Warranties and Covenants of Developer and <br />Borrower 7 <br />ARTICLE IV PURCHASE AGREEMENT 8 <br />Section 4.1 Purchase Agreement 8 <br />Section 4.2 Relationship Between this Agreement and the Purchase <br />Agreement 8 <br />Section 4.3 Right of Reverter 8 <br />ARTICLE V DEVELOPER'S CONSTRUCTION OF THE MINIMUM <br />IMPROVEMENTS 9 <br />Section 5.1 Required Approvals 9 <br />Section 5.2 Submission of Construction Plans 9 <br />Section 5.3 Review of the Construction Plans 9 <br />Section 5.4 Commencement and Completion of Construction of the <br />Minimum Improvements 10 <br />Section 5.5 Certificate of Completion 10 <br />ARTICLE VI TIF FINANCING 11 <br />Section 6.1 Issuance of the TIF Note 11 <br />Section 6.2 Amount of the TIF Note 11 <br />Section 6.3 Interest 12 <br />Section 6.4 Payments 12 <br />Section 6.5 TIF Note Shall Be a Limited Obligation of the City 12 <br />Section 6.6 Conditions Subsequent 12 <br />Section 6.7 Terms of the TIF Note 12 <br />Section 6.8 Borrower's Prepayment of Loan No. 2 12 <br />ARTICLE VII LOAN NO. 1 13 <br />Section 7.1 Loan No. 1 13 <br />i <br />2695614v16 <br />