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Agenda - Council Work Session - 06/25/2019
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Agenda - Council Work Session - 06/25/2019
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Last modified
3/17/2025 2:30:44 PM
Creation date
8/29/2019 1:52:59 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
06/25/2019
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Table of Contents <br />Page <br />ARTICLE I DEFINITIONS 2 <br />Section 1.1. Definitions 2 <br />ARTICLE II REPRESENTATIONS AND WARRANTIES 4 <br />Section 2.1. Representations and Warranties of the City 4 <br />Section 2.2. Representations and Warranties of the Developer and Tenant 4 <br />ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY 6 <br />Section 3.1. Development Property 6 <br />Section 3.2. Limitations on Undertaking of the City 6 <br />Section 3.3. Reimbursement: TIF Note 6 <br />Section 3.4. Business Subsidies Act 7 <br />ARTICLE IV EVENTS OF DEFAULT <br />Section 4. <br />Section 4. <br />Section 4. <br />Section 4. <br />Section 4. <br />Section 4. <br />ARTICLE V <br />Section 5 <br />Section 5. <br />Section 5. <br />ARTICLE VI <br />Section 6. <br />Section 6 <br />Section 6 <br />Section 6 <br />Section 6. <br />Section 6. <br />Section 6. <br />Section 6. <br />Section 6. <br />EXHIBIT A <br />EXHIBIT B <br />9 <br />1. Events of Default Defined " 9 <br />2. Remedies on Default 9 <br />3. No Remedy Exclusive 10 <br />4. No Implied Waiver 10 <br />5. <br />6. <br />Agreement to Pay Att*YITees and Expenses 10 <br />Indemnification of C 10 <br />DEVELOPER'S OPT ! 0 TERMINATE AGREEMENT 12 <br />.1. The Devel �/ • ption to Terminate 12 <br />2. Action t, ".„,inate 12 <br />3. Eff 'cif Termination 12 <br />ADDITIONAL PROVISIONS 13 <br />1. OQRestrictions on Use 13 <br />-2(' Conflicts of Interest 13 <br />.3. Titles of Articles and Sections 13 <br />.4. Notices and Demands 13 <br />5. Counterparts 14 <br />6. Law Governing 14 <br />7. Expiration 14 <br />8. Provisions Surviving Rescission or Expiration 14 <br />9. Assignability of Agreement 14 <br />Description of Development Property 1 <br />Form of TIF Note 1 <br />i <br />11750570v4 <br />
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