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RDA Agmt 1996 Batarse Family Trust etc
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RDA Agmt 1996 Batarse Family Trust etc
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Last modified
8/22/2013 2:04:41 PM
Creation date
9/27/2012 3:56:11 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
10/7/1996
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PERM
Document Relationships
RDA Agmt 1997 Batarse Family Trust etc
(Reference)
Path:
\City Clerk\City Council\Agreements\1997
RDA Reso 1996-033
(Approved by)
Path:
\City Clerk\City Council\Resolutions\1996
Reso 1996-167
(Approved by)
Path:
\City Clerk\City Council\Resolutions\1996
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4.09 Construction Bonds 15 <br /> 4.10 Implementation of Mitigation Measures 15 <br /> 4.11 Demolition of Buildings on 1066 -1072 Marina Boulevard 15 <br /> Article Five: TAXABLE SALES AGREEMENT 15 <br /> 5.01 Annual Sales Defined 15 <br /> 5.02 Covenant To Generate Twenty Million Dollars In Annual Sales 15 <br /> 5.03 Early Termination of Annual Sales Obligation 16 <br /> 5.04 Shortfall Amount 16 <br /> 5 Shortfall Guaranty 16 <br /> 5.06 Documenting Annual Sales 17 <br /> 5.07 Obligation Binding on Successors 17 <br /> Article Six: CHANGES IN DEVELOPER 17 <br /> 6.01 Identity of Developer 17 <br /> 6.02 • . - • . ' . 11.1' : U 17 <br /> 6.03 Prohibition Against Transfer of Property and Assignment of <br /> Agreement .19 <br /> • 6.05 Option of Agency to Reacquire Property 20 <br /> 6.06 Exception to Prohibition Against Transfer 21 <br /> Article Seven: DEFAULT 21 <br /> 7.01 Scope of Remedies. 21 <br /> 7.02 No Fault of Parties . 21 <br /> 7.03 Fault of Agency 0 22 <br /> 7.04 Fault of Developer 23 <br /> Article Eight: SPECIFIC REQUIREMENTS REGARDING REMEDIES 24 <br /> 8.01 Rieht of Reverter 24 <br /> 8.02 Construction Plans 25 <br /> 8.03 Rights of Mortgagees 25 <br /> Article Nine: ECONOMIC DEVELOPMENT LOAN 26 <br /> 9.01 Agency's Assistance 26 <br /> Article Ten: RESTRICTION OF ACCESS ONTO WAYNE AVENUE 26 <br /> 10.01 Agency Assistance 26 <br /> • <br /> Article Eleven: GENERAL MOTORS CORPORATION PARKING 26 <br /> • 11.01 Developer Obtains Parking Commitment 26 <br /> • <br />
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