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5.1. SR 04-21-2008
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5.1. SR 04-21-2008
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4/22/2008 12:40:37 PM
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4/18/2008 11:57:21 AM
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City Government
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SR
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4/21/2008
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<br />T ABLE OF CONTENTS <br /> <br />Page <br /> <br />ARTICLE I DEFINITIONS ............ ..... ............................. ......... .................... ................. ..... 1 <br />Section 1.1 Definitions............................................................................................ 1 <br /> <br />ARTICLE II ACKNOWLEDGEMENTS, REPRESENTATIONS AND <br /> <br />WARRANTIES ............................................................................................... 3 <br /> <br />Section 2.1 Acknowledgments, Representations and Warranties of the City......... 3 <br />Section 2.2 Acknowledgments, Representations and Warranties of the <br /> <br />EDA............................................................. ..............................3 <br /> <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 .................................. 4 <br />Section 3.3 Duration of Abatement Program.~.....;................ ........................ 4 <br /> <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 /> <br />ARTICLE V ADDITIONAL PROVISIONS ................. ............................................ 6 <br />Section 5.1 Conflicts of ............ ..................................6 <br />Section 5.2 Titles of Articles and ................ ............................................ 6 <br />Section 5.3 Notices and Demands.. .......................................6 <br />Section 5.4 <:::9ll11terparts ........... ........ ................................................ 6 <br />Section 5.5 Law Governing .................................................................................... 6 <br />Section 5.6 Duration..................... .......................................................................... 7 <br /> <br />2159586v2 <br /> <br />-1- <br />
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