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Agenda - Council - 04/28/2020
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Agenda - Council - 04/28/2020
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Last modified
3/17/2025 1:47:04 PM
Creation date
4/24/2020 1:27:38 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/28/2020
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ARTICLE I <br />Section 1 <br />ARTICLE II <br />Section 2 <br />Section 2.2 Representations and Warranties of the Developer <br />TABLE OF CONTENTS <br />Page <br />DEFINITIONS 2 <br />.1 Definitions 2 <br />REPRESENTATIONS AND WARRANTIES 4 <br />.1 Representations and Warranties of the City 4 <br />4 <br />ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY 6 <br />Section 3.1 Development Property 6 <br />Section 3.2 Legal and Administrative Expenses 6 <br />Section 3.3 Business Subsidies Act 6 <br />Section 3.4 Execution of Assessment Agreement 7 <br />ARTICLE IV EVENTS OF DEFAULT 8 <br />Section 4.1 Events of Default Defined 8 <br />Section 4.2 Remedies on Default 8 <br />Section 4.3 No Remedy Exclusive 9 <br />Section 4.4 No Implied Waiver 9 <br />Section 4.5 Agreement to Pay Attorney's Fees and Expenses 9 <br />Section 4.6 Indemnification of City 9 <br />ARTICLE V ADDITIONAL PROVISIONS 11 <br />Section 5.1 Restrictions on Use 11 <br />Section 5.2 Conflicts of Interest 11 <br />Section 5.3 Titles of Articles and Sections 11 <br />Section 5.4 Notices and Demands 11 <br />Section 5.5 Counterparts 12 <br />Section 5.6 Law Governing 12 <br />Section 5.7 Expiration 12 <br />Section 5.8 Provisions Surviving Rescission or Expiration 12 <br />Section 5.9 Transfer of Development Property; Assignability of Agreement 12 <br />EXHIBIT A DESCRIPTION OF DEVELOPMENT PROPERTY A-1 <br />EXHIBIT B FORM OF ASSESSMENT AGREEMENT B-1 <br />12472188v2 <br />
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