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4.7 SR 01-02-2018
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4.7 SR 01-02-2018
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1/2/2018 9:23:10 AM
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12/28/2017 4:02:18 PM
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1/2/2018
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"Tax Official" means any County assessor; County auditor; County or State board of <br /> equalization, the commissioner of revenue of the State, or any State or federal district court, the <br /> tax court of the State, or the State Supreme Court. <br /> "Termination Date" means the earliest of(i) the date the City terminates this Agreement <br /> due to an Event of Default by the Developer under Article IX hereof, (ii) the date the City has <br /> repaid the Interfund Loan (as defined in Section 3.15), (iii) the date the TIF District (as defined <br /> in Section 3.15) is terminated or expires, or(iv) December 31, 2045. <br /> "Unavoidable Delays" means unexpected delays which are the direct result o£ (i) adverse <br /> weather conditions, (ii) shortages of materials, (iii) strikes, other labor troubles, (iv) fire or other <br /> casualty to the Minimum Improvements, (v) litigation commenced by third parties which, by <br /> injunction or other judicial action, directly results in delays, (vi) acts of any federal or state <br /> governmental unit, including legislative and administrative acts, (vii) approved changes to the <br /> Construction Plans that result in delays (viii) delays caused by the discovery of any adverse <br /> environmental condition on or within the Developer's Minimum Improvements Property or the <br /> Public Improvement Property to the extent reasonably necessary to comply with federal and state <br /> environmental laws, regulations, orders or agreements, (ix) delay in the issuance of any <br /> certificate, license, permit, or any other approval by the City or any other governmental entity, <br /> provided application therefor is timely made and diligently pursued by Developer and (x) any <br /> other cause or force majeure beyond the control of the affected Party which directly results in <br /> delays. <br /> 5 <br /> 512017v5 JSB BL185-52 <br />
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