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02/28/2005 Council Packet
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02/28/2005 Council Packet
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1/28/2014 2:25:19 PM
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1/15/2014 11:40:59 AM
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City Council
Council Document Type
Council Packet
Meeting Date
02/28/2005
Council Meeting Type
Regular
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ARTICLE VII <br />Financing <br />Section 7.1. Financing. [Intentionally Omitted.] <br />Section 7.2. Subordination. In order to facilitate the Developer obtaining financing for <br />the development of the Minimum Improvements, the Authority agrees to subordinate its rights <br />under this Agreement to the Holder of any Mortgage, provided that such subordination shall be <br />subject to such reasonable terms and conditions as the Authority and Holder of a Mortgage <br />mutually agree in writing. <br />SJB- 258192v3 <br />LN 140 -89 <br />17 <br />
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