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04-22-1992 Council Agenda
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04-22-1992 Council Agenda
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7/21/2014 7:45:55 AM
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FROM BRIGGS MORGRN SP <br />ARTICLE 1 - DEFINITIONS <br />(FRI)O4.17.'92 1O:2t <br />TABLE OF CONTENTS <br />NO.9 PAGE 2 <br />Section 1.1. Definitions <br />ARTICLE II - <br />section <br />Section <br />Page <br />2 <br />2 <br />REPRESENTATIONS AND WARRANTIES 4 <br />2.1. Representations and Warranties of the <br />City 4 <br />2.2. Representations and Warranties of the <br />Developer 4 <br />ARTICLE III - <br />Section <br />Section <br />ARTICLE IV - <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />UNDERTAKINGS BY DEVELOPER AND CITY 6 <br />3.1. Site Improvements 6 <br />3.2. Reimbursement: Tax Increment Revenue <br />Note 6 <br />EVENTS OF DEFAULT 8 <br />4.1. Events of Default Defined 8 <br />4.2. Remedies on Default 8 <br />4.3. No Remedy Exclusive 8 <br />4.4. No Implied Waiver 9 <br />4.5. Agreement to Pay Attorney's Fees and <br />Expenses 9 <br />4.6. Indemnification of City 9 <br />ARTICLE V - DEVELOPER'S OPTION TO TERMINATE AGREEMENT . . . . <br />Section 5.1 The Developer's Option to Terminate . . . . <br />Section 5.2 Action to Terminate <br />Section 5.3 Effect of Termination <br />ARTICLE VI - <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />11 <br />11 <br />11. <br />11 <br />ADDITIONAL PROVISIONS 12 <br />6.1. Restrictions on Use 12 <br />6.2. Conflicts of Interest 12 <br />6.3. Titles of Articles and Sections 12 <br />6.4. Notices and Demands 12 <br />6.5. Counterparts 13 <br />6.6. Law Governing 13 <br />6.7. Expiration 13 <br />6.8. Provisions Surviving Rescission or <br />Expiration 13 <br />Signatures 14 -15 <br />Acknowledgements 16 -17 <br />Exhibits <br />214192 <br />Page 27 <br />
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