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Agenda - Council - 09/22/2015
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Agenda - Council - 09/22/2015
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3/17/2025 4:11:07 PM
Creation date
9/23/2015 11:21:25 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/22/2015
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ARTICLE I <br />Section <br />Table of Contents <br />Page <br />DEFINITIONS 2 <br />1.1. Definitions 2 <br />ARTICLE II <br />Section 2 <br />Section 2 <br />ARTICLE III <br />Section 3 <br />Section 3 <br />Section 3 <br />Section 3 <br />Section 3 <br />ARTICLE IV <br />Section 4 <br />Section 4 <br />Section 4 <br />Section 4 <br />Section 4.5. <br />Section 4.6. <br />REPRESENTATIONS AND WARRANTIES 4 <br />.1. Representations and Warranties of the City 4 <br />.2. Representations and Warranties of the Developer 4 <br />UNDERTAKINGS BY DEVELOPER AND CITY 6 <br />.1. Project, Site Improvements and Development Property 6 <br />.2. Limitations on Undertaking of the City 6 <br />.3. Reimbursement: TIF Note 6 <br />.4. Business Subsidies Act 7 <br />.5. Real Property Taxes 8 <br />EVENTS OF DEFAULT 10 <br />.1. Events of Default Defined 10 <br />.2. Remedies on Default 10 <br />.3. No Remedy Exclusive 11 <br />.4. No Implied Waiver 11 <br />Agreement to Pay Attorney's Fees and Expenses 11 <br />Indemnification of City 11 <br />ARTICLE V <br />Section <br />Section <br />Section <br />ARTICLE VI <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />EXHIBIT A <br />EXHIBIT B <br />EXHIBIT C <br />EXHIBIT D <br />7226735v2 <br />7226735v3 <br />DEVELOPER'S OPTION TO TERMINATE AGREEMENT 13 <br />5.1. The Developer's Option to Terminate 13 <br />5.2. Action to Terminate 13 <br />5.3. Effect of Termination 13 <br />ADDITIONAL PROVISIONS 14 <br />6.1. Restrictions on Use 14 <br />6.2. Conflicts of Interest 14 <br />6.3. Titles of Articles and Sections 14 <br />6.4. Notices and Demands 14 <br />6.5. Counterparts 15 <br />6.6. Law Governing 15 <br />6.7. Expiration 15 <br />6.8. Provisions Surviving Rescission or Expiration 15 <br />6.9. Assignability of Agreement 15 <br />Description of Development Property A-1 <br />Form of TIF Note B-1 <br />Site Improvements C-1 <br />Description of Expansion Property D-1 <br />i <br />
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