04-26-2000 Council Agenda - Laserfiche WebLink

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TABLE OF CONTENTS Page ARTICLE I - DEFINITIONS 2 Section 1.1. Definitions 2 ARTICLE II - REPRESENTATIONS AND WARRANTIES 4 Section 2.1. Representations and Warranties of the City 4 Section 2.2. Representations and Warranties of the Developer 4 ARTICLE III - UNDERTAKINGS BY DEVELOPER AND CITY 6 Section 3.1. Development Property. 6 Section 3.2. Reimbursement: Tax Increment Revenue Note 6 Section 3.3. No Business Subsidy 7 ARTICLE IV - EVENTS OF DEFAULT 8 Section 4.1. Events of Default Defined 8 Section 4.2. Remedies on Default 9 Section 4.3. No Remedy Exclusive 9 Section 4.4. No Implied Waiver 9 Section 4.5. Agreement to Pay Attorney's Fees and Expenses 9 Section 4.6. Indemnification of City 10 ARTICLE V - DEVELOPER'S OPTION TO TERMINATE AGREEMENT 12 Section 5.1. The Developer's Option to Terminate 12 Section 5.2. Action to Terminate 12 Section 5.3. Effect of Termination 12 ARTICLE VI - ADDITIONAL PROVISIONS Section 6.1. Section 6.2. Section 6.3. Section 6.4. Section 6.5. Section 6.6. Section 6.7. Section 6.8. Section 6.9. Signatures Exhibits Restrictions on Use Conflicts of Interest Titles of Articles and Sections Notices and Demands Counterparts Law Governing Expiration Provisions Surviving Rescission or Expiration 14 Assignability of Agreement and Note 14 15 -16 13 13 13 13 13 14 14 14 1160667.1 page 214