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04-14-1997 EDA
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04-14-1997 EDA
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Last modified
1/29/2025 9:15:13 AM
Creation date
6/15/2018 6:13:22 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
4/14/1997
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
4/14/1997
EDA Document Type
Council Packets
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• <br /> TABLE OF CONTENTS <br /> (This Table of Contents is not part of <br /> the Development Assistance Agreement and <br /> is only for convenience of reference. ) <br /> Page <br /> ARTICLE I - DEFINITIONS 1-1 <br /> Section 1. 1. Definitions 1-1 <br /> ARTICLE II - REPRESENTATIONS, COVENANTS AND WARRANTIES 2-1 <br /> Section 2 .1. Representations and Warranties by the <br /> Authority 2-1 <br /> Section 2 .2 . Representations, Covenants and Warranties <br /> by the Developer 2-2 <br /> ARTICLE III - THE IMPROVEMENTS 3-1 <br /> Section 3 . 1. Undertakings of the Developer 3-1 <br /> Section 3 .2 . Undertakings of the Authority 3-1 <br /> Section 3 .3 . Certificate of Completion 3-2 <br /> ARTICLE IV - PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER; <br /> INDEMNIFICATION 4-1 <br /> Section 4. 1. Prohibition Against Transfer of Property <br /> and Assignment of Agreement 4-1 0 <br /> Section 4.2 . Release and Indemnification Covenants . 4-2 <br /> ARTICLE V - EVENTS OF DEFAULT 5-1 <br /> Section 5 .1. Events of Default Defined 5-1 <br /> Section 5 .2 . Remedies on Default 5-1 <br /> Section 5 .3 . No Remedy Exclusive 5-1 <br /> Section 5 .4 . No Additional Waiver Implied by One <br /> Waiver 5-2 <br /> ARTICLE VI - ADDITIONAL PROVISIONS 6-1 <br /> Section 6 .1. Titles of Articles and Sections 6-1 <br /> Section 6 .2 . Notices and Demands 6-1 <br /> Section 6.3 . Counterparts 6-1 <br /> Section 6 .4 . Law Governing . 6-1 <br /> Section 6.5 . Time of the Essence 6-1 <br /> Section 6.6 . No Third-Party Beneficiaries 6-1 <br /> ARTICLE VII - TERMINATION OF AGREEMENT; EXPIRATION 7-1 <br /> Section 7 .1 . Termination 7-1 <br /> Section 7 .2 . Sections to Survive Termination 7-1 <br /> EXHIBIT A - DEVELOPMENT PROPERTY A-i <br /> EXHIBIT B - FORM OF EDA NOTE B-1 <br /> EXHIBIT C - CERTIFICATE OF COMPLETION C-1 <br /> 410 <br /> 346932.2 - i <br />
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