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RDA Agmt 2001 Batarse Family Trust UTA
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RDA Agmt 2001 Batarse Family Trust UTA
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Last modified
9/16/2010 11:32:35 AM
Creation date
7/19/2010 9:47:25 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
10/1/2001
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PERM
Document Relationships
RDA Reso 2001-012
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2001
Reso 2001-158
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2001
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that Agency commences action to cure the breach or default within said ten (10) day period and thereafter <br />diligently pursues the cure to completion, In the event Agency does not then so cure or commence to cure <br />within said ten (10) days, the Developer thereafter shall be afforded the right to terminate this Agreement and <br />any other rights afforded it by law or in equity. <br />In the event of termination of this Section 6.03 prior to the close of escrow for each Property, Agency <br />shall be responsible for Agency's costs incurred pursuant to this Agreement, including but not limited to its <br />attorney's fees, costs incurred in connection with the Condemnation Litigation, including its attorney's fees, <br />and costs incurred. in connection with abandonment of the Condemnation Litigation, including attorney's fees. <br />6.04 Fault of Developer. <br />Except as to events constituting a basis for termination under Section 6.02, the following events each <br />constitute a basis for the Agency to take action against the Developer, including the exercise of its rights <br />pursuant to Section 7.01 of this Part, as applicable: <br />(a) The Developer does not meet its pre-disposition conditions within the relevant times <br />set forth in Article One of this Part; <br />(b) The Developer refuses to accept conveyance from the Agency of the Properties within <br />the time periods, and under such terms as herein called for; <br />(c) The Developerdoes not attempt in good faith to procure in a timely mannera building <br />permit or other approvals for the Improvements or abandons any further attempts when there is a reasonable <br />likelihood that such permit or other approvals would otherwise be issued by the proper authority in a timely <br />manner and in substance satisfactory to Developer; <br />(d) The Developer constructs or attempts to construct the Improvements in material <br />deviation from the latest approved Construction Plans; <br />(e) The Developer fails to submit any plans or evidence required by Article One of this <br />Part by the date specified in the relevant section; <br />(f) Absent an Enforced Delay as defined in Section 3.04 of Part Two, the Developer fails <br />to commence construction of the Improvements or to complete same within the time limits set forth in this <br />Agreement; <br />(g) Absent an Enforced Delay as defined in Section 3.04 of Part Two, the Developer <br />abandons or suspends construction of the Improvements for a period of sixty (60) days after written notice by <br />the Agency of such abandonment or suspension; <br />(h) Developer voluntarily or involuntarily undertakes a Transfer not permitted by this <br />Agreement; <br />Disposition and Development Agreement (Automall) Page 18 of 29 <br />
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