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RDA Agmt 2000 American Baptist Homes of the West Inc etc
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RDA Agmt 2000 American Baptist Homes of the West Inc etc
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8/27/2010 1:48:23 PM
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7/20/2010 2:08:45 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
2/7/2000
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PERM
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Reso 2000-012
(Approved by)
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\City Clerk\City Council\Resolutions\2000
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(b) The Developer refuses to accept conveyance from the Agency of the Property <br />within the time periods, and under such terms as herein called for; <br />(c) The Developer does not attempt in good faith to procure in a timely manner a <br />building permit or other approvals for the Improvements or abandons any further attempts when there is a <br />reasonable likelihood that such permit or other approvals would otherwise be issued by the proper <br />authority in a timely manner and in substance satisfactory to Developer in accordance with Section 4.02 <br />above; <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 />Agreement by the date specified in the relevant section; <br />(f) Absent an Enforced Delay as defined in Section 10.04 of this Agreement, the <br />Developer fails to commence construction of the Improvements or to complete same within the time limits <br />set forth in this Agreement; <br />(g) Absent an Enforced Delay as defined in Section 10.04 of this Agreement, the <br />Developer abandons or suspends construction of the Improvements for a period of sixty (60) days after <br />written notice by the Agency of such abandonment or suspension; <br />(h) The Developer voluntarily or involuntarily undertakes a transfer of the Site not <br />permitted by this Agreement; <br />(i) Developer fails to tender any amount it is required to pay pursuant to Section 3.02 <br />of this Part; or <br />(j) The Developer breaches any other material provision of this Agreement <br />Upon the happening of any of the above-described events, the Agency shall first notify the <br />Developer in writing of its purported breach, failure or act above-described, giving the Developer three (3) <br />working days from receipt of such notice to respond, and fifteen (15) working days to prepare an action <br />plan to cure such breach, failure, or act The Developer shall cure such breach, failure, or act within thirty <br />(30) working days from the date of the action plan. If the nature of the breach or failure is such that it <br />cannot reasonably be cured in thirty (30) days, then the Agency shall give the Developer such longer <br />period as reasonably may be required for such cure or action provided that Developer commences action <br />to cure the breach within fifteen (15) working days from the date of the action plan and thereafter diligently <br />pursues the cure to completion. In the event Developer does not submit an action plan within three (3) <br />days, does not then so cure within thirty (30) days of the action plan, or in the event that Developer does <br />not commence curing a default which is not curable within said thirty (30) days after the date of the action <br />plan, the Agency thereafter shall be afforded the right to terminate this Agreement and any other rights <br />afforded it by law or in equity. <br />13 <br />
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