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Riverfront Commercial Investment PNW Riverfro 5/17/2019
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Riverfront Commercial Investment PNW Riverfro 5/17/2019
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Last modified
9/24/2019 10:51:51 AM
Creation date
9/24/2019 10:51:41 AM
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Contracts
Contractor's Name
Riverfront Commercial Investment PNW Riverfro
Approval Date
5/17/2019
Department
Facilities
Department Project Manager
Mike Palacios
Subject / Project Title
Restated Property Disposition
Tracking Number
0002018
Total Compensation
$0.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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A. Amended and Restated Property Disposition Agreement. Among other rights, <br /> the Agreement grants the City the option, subject to the specific terms of the Agreement, to <br /> repurchase the Developer Property upon the occurrence of certain events specified in the <br /> Agreement. The Agreement-also contains certain restrictions on the use of the Developer Property <br /> and certain restrictions on the transfer of the Developer Property, all subject to the specific terms <br /> of the Agreement. The Agreement also contains restrictions on liens that may be placed on the <br /> Developer Property. <br /> B. Purpose of Memorandum. Subject to the terms and conditions of the Agreement, <br /> this Memorandum is recorded to give public notice of the Agreement, and in no way modifies or <br /> affects the terms and conditions of the Agreement <br /> [REMAINDER OF PAGE BLANK; SIGNATURES APPEAR ON FOLLOWING <br /> PAGES] <br />
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