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Agenda - Council - 12/10/2019
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Agenda - Council - 12/10/2019
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Last modified
3/17/2025 2:36:50 PM
Creation date
1/10/2020 9:08:16 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/10/2019
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1. Termination of Right of Re -Entry. Any and all rights of the City to (i) re-enter the <br />Property and take physical possession thereof or (ii) seek or obtain restoration of title <br />to the Property, or any portion thereof, in the name of the City, as set forth in Section <br />4 of both the Original Right of Re -Entry Agreement and the Amended Right of Re - <br />Entry Agreement are hereby terminated and released of record in all respects, <br />effective immediately. <br />2. Effect on Remaining Terms. Except as amended pursuant to Section 1 above, the <br />rights of the City under the Amended Right of Re -Entry Agreement, including the <br />rights of the City under and pursuant to Section 3 thereof, shall remain in full force <br />and effect. <br />IN WITNESS WHEREOF, the City and Centra have caused their respective duly <br />authorized representatives to execute this Release of Right of Re -Entry and Right of Reverter as <br />of the day and year first above written. <br />(Signature pages follow) <br />
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