Agenda - Economic Development Authority - 09/03/2015

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ARTICLE I DEFINITIONS Section 1.1. Definitions Table of Contents Page 2 2 ARTICLE II REPRESENTATIONS AND WARRANTIES 4 4 4 Section 2.1. Representations and Warranties of the City Section 2.2. Representations and Warranties of the Developer ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY Section 3.1. Section 3.2. Section 3.3. Section 3.4. Section 3.5. 6 Project, Site Improvements and Development Property 6 Limitations on Undertaking of the City 6 Reimbursement: TIF Note 6 Business Subsidies Act 7 Real Property Taxes 8 ARTICLE IV EVENTS OF DEFAULT Section 4.1. Section 4.2. Section 4.3. Section 4.4. Section 4.5. Section 4.6. 10 Events of Default Defined 10 Remedies on Default 10 No Remedy Exclusive 11 No Implied Waiver 11 Agreement to Pay Attorney's Fees and Expenses 11 Indemnification of City 11 ARTICLE V DEVELOPER'S OPTION TO TERMINATE AGREEMENT Section 5.1. Section 5.2. Section 5.3. ARTICLE VI Section 6.1. Section 6.2. Section 6.3. Section 6.4. Section 6.5. Section 6.6. Section 6.7. Section 6.8. Section 6.9. 13 The Developer's Option to Terminate 13 Action to Terminate 13 Effect of Termination 13 ADDITIONAL PROVISIONS 14 Restrictions on Use 14 Conflicts of Interest 14 Titles of Articles and Sections 14 Notices and Demands 14 Counterparts 15 Law Governing 15 Expiration 15 Provisions Surviving Rescission or Expiration 15 Assignability of Agreement 15 Description of Development Property A-1 Form of TIF Note B-1 Site Improvements C-1 Description of Expansion Property D-1 EXHIBIT A EXHIBIT B EXHIBIT C EXHIBIT D 7226735v1 i