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04-26-2021 EDA
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04-26-2021 EDA
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Last modified
1/29/2025 9:15:19 AM
Creation date
4/23/2021 9:55:41 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
4/26/2021
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
4/26/2021
EDA Document Type
Packets
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i <br />DOCSOPEN\MU205\50\716385.v4-4/22/21 <br /> TABLE OF CONTENTS <br /> PAGE <br /> <br />PREAMBLE .......................................................................................................................................... 1 <br /> <br /> ARTICLE I <br /> Definitions <br /> <br />Section 1.1. Definitions .................................................................................................................... 1 <br />Section 1.2. Rules of Interpretation ................................................................................................. 3 <br />Section 1.3. Incorporation of Exhibits ............................................................................................. 3 <br />Section 1.4. Incorporation of Recitals..........................................................................................4 <br /> <br /> ARTICLE II <br /> Representations and Warranties <br /> <br />Section 2.1. Representations by the EDA ........................................................................................ 4 <br />Section 2.2. Representations and Warranties by the Developer ...................................................... 4 <br />Section 2.3. Representations Ongoing ............................................................................................. 5 <br />Section 2.4. Mutual Indemnification ................................................................................................ 5 <br /> <br /> ARTICLE III <br /> Conveyance of Development Property; Public Improvements <br /> <br />Section 3.1. Conveyance of the Development Property .................................................................. 5 <br />Section 3.2. Condition of Title ......................................................................................................... 6 <br />Section 3.3. Financing ...................................................................................................................... 6 <br />Section 3.4. Representations ............................................................................................................. 7 <br />Section 3.5. Environmental Testing; Remediation .......................................................................... 8 <br />Section 3.6. Conditions Precedent to Conveyance ........................................................................... 8 <br />Section 3.7. Closing; Delivery and Recording ................................................................................. 9 <br />Section 3.8. Plat .............................................................................................................................. 10 <br />Section 3.9. Zoning Issues; Planned Unit Development ............................................................... .10 <br />Section 3.10. Early Start Agreement ................................................................................................ 10 <br /> <br />ARTICLE IV <br /> Construction of Minimum Improvements <br /> <br />Section 4.1. Construction of Minimum Improvements .................................................................. 11 <br />Section 4.2. Construction Plans ...................................................................................................... 11 <br />Section 4.3. Commencement and Completion of Construction ..................................................... 11 <br />Section 4.4. Certificate of Completion and Release of Forfeiture ................................................. 12 <br />
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