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5.0. & 5.1. & 5.2. EDSR 04-14-2008
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5.0. & 5.1. & 5.2. EDSR 04-14-2008
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5/9/2008 2:43:31 PM
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4/14/2008 9:43:57 AM
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City Government
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EDSR
date
4/14/2008
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TABLE OF CONTENTS <br />Page <br />ARTICLE I DEFINITIONS ................................................................................................. 1 <br />Section 1.1 Definitions ............................................................................................ 1 <br />ARTICLE II ACKNOWLEDGEMENTS, REPRESENTATIONS AND <br />WARRANTIES ............................................................................................... 3 <br />Section 2.1 Acknowledgments, Representations and Warranties of the City......... 3 <br />Section 2.2 Acknowledgments, Representations and Warranties of the <br /> EDA ..................................................................................................... 3 <br />ARTICLE III UNDERTAKINGS BY EDA AND CITY ...................................................... 4 <br />Section 3.1 Sale of Tax Abatement Property .......................................................... 4 <br />Section 3.2 Limitations on Undertaking of the City ............................................... 4 <br />Section 3.3 Duration of Abatement Program .......................................................... 4 <br />ARTICLE IV EVENTS OF DEFAULT ................................................................................ 5 <br />Section 4.1 Events of Default Defined ................................................._................. 5 <br />Section 4.2 Remedies on Default ..........................',;............................................... 5 <br />Section 4.3 No Remedy Exclusive ..............................._......................................... 5 <br />Section 4.4 No Implied Waiver .............................................................................. 5 <br />ARTICLE V AD DITIONAL PROVISIONS ........................................................................ 6 <br />Section 5.1 Conflicts of Interest .............................................................................. 6 <br />Section 5.2 Titles of Articles and Sections ............................................................. 6 <br />Section 5.3 Notices and Demands .................:.:..................................................... 6 <br />Section 5.4 Counterparts ........................................................................................ 6 <br />Section 5.5 La`~~ Governing .................................................................................... 6 <br />Section 5.6 Duration ............................................................................................... 7 <br />2159586v2 -1- <br />
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