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Agenda - Economic Development Authority - 10/08/2015
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Agenda - Economic Development Authority - 10/08/2015
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Last modified
3/18/2025 12:58:49 PM
Creation date
12/14/2015 9:36:25 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
10/08/2015
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ARTICLE I DEFINITIONS <br />Section 1.1. Definitions <br />Table of Contents <br />1 1,111111111111111111111111111111111111 <br />001111111111111111111111101 <br />2 <br />2 <br />ARTICLE II REPRESENTATIONS AND WARRANTIES <br />4 <br />4 <br />4 <br />Section 2.1. Representations and Warranties of the City <br />Section 2.2. Representations and Warranties of the Developer <br />ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY <br />Section 3.1. <br />Section 3.2. <br />Section 3.3. <br />Section 3.4. <br />6 <br />Project, Site Improvements 6 <br />Limitations on Undertaking of the City 6 <br />Reimbursement: TIF Note 6 <br />Legal and Administrative Expenses 7 <br />ARTICLE IV EVENTS OF DEFAULT <br />Section 4.1. <br />Section 4.2. <br />Section 4.3. <br />Section 4.4. <br />Section 4.5. <br />Section 4.6. <br />8 <br />Events of Default Defined 8 <br />Remedies on Default 8 <br />No Remedy Exclusive 9 <br />No Implied Waiver 9 <br />Agreement to Pay Attorney's Fees and Expenses 9 <br />Indemnification of City 9 <br />ARTICLE V DEVELOPER'S OPTION TO TERMINATE AGREEMENT <br />Section 5.1. <br />Section 5.2. <br />Section 5.3. <br />11 <br />The Developer's Option to Terminate 11 <br />Action to Terminate 11 <br />Effect of Termination 11 <br />ARTICLE VI ADDITIONAL PROVISIONS <br />Section 6.1. <br />Section 6.2. <br />Section 6.3. <br />Section 6.4. <br />Section 6.5. <br />Section 6.6. <br />Section 6.7. <br />Section 6.8. <br />Section 6.9. <br />EXHIBIT A <br />EXHIBIT B <br />EXHIBIT C <br />7269889v1 <br />12 <br />Restrictions on Use 12 <br />Conflicts of Interest 12 <br />Titles of Articles and Sections 12 <br />Notices and Demands 12 <br />Counterparts 13 <br />Law Governing 13 <br />Expiration 13 <br />Provisions Surviving Rescission or Expiration 13 <br />Assignability of Agreement 13 <br />Description of Development Property A-1 <br />Form of TIF Note B-1 <br />Site Improvements C-1 <br />i <br />
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