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Ordinance 1818-91
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Ordinance 1818-91
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5/9/2017 10:46:32 AM
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Ordinances
Ordinance Number
1818-91
Date
10/2/1991
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Page <br /> 11. 3 Conveyance of Improvements 13 <br /> 11.4 Option to Partially Prepay Lease 13 <br /> ARTICLE XII: EMINENT DOMAIN 14 <br /> 12 . 1 Eminent Domain Proceedings Prior to Payment <br /> Obligation Commencement Date 14 <br /> 12 .2 Eminent Domain Proceedings Following Payment <br /> Obligation Commencement Date 14 <br /> 12 . 3 Insufficiency of Condemnation Award 15 <br /> 12 .4 Cooperation of the Lessor 15 <br /> ARTICLE XIII: DESTRUCTION OF LEASED PREMISES 16 <br /> ARTICLE XIV: ACCESS BY LESSOR 16 <br /> ARTICLE XV: SURRENDER OF PREMISES 16 <br /> ARTICLE XVI: OWNERSHIP OF IMPROVEMENTS 16 <br /> ARTICLE XVII: ASSIGNMENT AND SUBLEASING 17 <br /> 17 . 1 Assignment by the Lessor 17 <br /> 17 .2 Assignment and Leasing by the City 17 <br /> 17 . 3 Leases upon Default 17 <br /> ARTICLE XVIII: DEFAULT BY CITY 18 <br /> 18 . 1 Defaults 18 <br /> 18 .2 Litigation Expenses 19 <br /> 18 . 3 Waiver 19 <br /> 18 .4 Force Majeure 19 <br /> ARTICLE XIX: CONSENT TO LEASEBACK AND <br /> ASSIGNMENT OF IMPROVEMENTS, LEASES 20 <br /> 19 . 1 Intention of Parties 20 <br /> 19 . 2 Lessor's Lcsscc Obligation to Execute Assignment <br /> and Deed 20 <br /> 19 . 3 Obligations Not Severable 20 <br /> ARTICLE XX: TAX COVENANTS 21 <br /> 20. 1 Tax Exempt Status of Interest Portion of Lease <br /> Payments 21 <br /> ARTICLE XXI: DEFINITIONS 21 <br /> 21. 1$ Definitions 21 <br /> ARTICLE XXII: MISCELLANEOUS 24 <br /> 22 . 1 Notices 24 <br /> 22 . 2 No Joint Venture 24 <br /> ii <br />
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