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Agenda - Council - 04/11/2017
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Agenda - Council - 04/11/2017
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3/17/2025 3:31:41 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/11/2017
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j. Reimbursement to the CITY. The PERMITTEE agrees to reimburse the <br /> CITY for all costs incurred by the CITY in defense or enforcement of this <br /> Agreement, or any portion thereof, including court costs and reasonable <br /> engineering and attorney's fees. <br /> k. Certificate of Occupancy. The term "Certificate of Occupancy" as used in <br /> this Agreement shall be defined as a document issued by the CITY'S <br /> Building Official, which authorizes the structure to be used for its intended <br /> purposes. <br /> 1. Estoppel Certificates and Certificate of Completion. Within ten (10) days <br /> after a written request from the PERMITTEE,the CITY will provide the <br /> PERMITTEE and any third party who is purchasing all or any portion of <br /> the Subject Property or to whom the PERMITTEE is granting a mortgage <br /> on all or any portion of the Subject Property with a written estoppel <br /> certificate stating: (i) that this Agreement remains in full force and effect <br /> —or-that this Agreement has been terminated; (ii)that this Agreement has <br /> not been modified or amended- or, if this Agreement has been modified or <br /> amended-,identifying such modifications or amendments; (iii)the type and <br /> amount of any security the CITY is holding to secure the performance of <br /> the PERMITTEE'S obligations under this Agreement; (iv)that,to the best <br /> of the CITY'S actual knowledge,the PERMITTEE is not in default in the <br /> performance of the PERMITTEE'S obligations under this Agreement-or, <br /> if the CITY has knowledge of PERMITTEE defaults, describing those <br /> defaults; and (v) that, to the best of the CITY'S actual knowledge, the <br /> CITY is not in default in the performance of the CITY'S obligations under <br /> this Agreement - or, if the CITY has knowledge of CITY defaults, <br /> describing those defaults. At any time that the PERMITTEE believes it <br /> has fully performed its obligations under this Agreement, the <br /> PERMITTEE may so notify the CITY and the CITY shall promptly <br /> inspect the Subject Property to determine if the PERMITTEE has fully <br /> performed its obligations under this Agreement. Within ten(10) days after <br /> the CITY'S inspection the CITY must provide the PERMITTEE with <br /> either a detailed written description of the PERMITTEE's obligations <br /> which the CITY determines the PERMITTEE has not fully performed or <br /> a recordable instrument executed by the CITY'S mayor and CITY <br /> administrator evidencing the termination and satisfaction of this <br /> Agreement. <br /> M. Notices. Required notices shall be in writing, and shall be either hand <br /> delivered to the Parties, its employees or agents, or mailed to them by <br /> certified or registered mail at the following address: <br /> 8 <br />
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