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Reso 2022-086 2nd amendment to DDA
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Reso 2022-086 2nd amendment to DDA
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Last modified
12/21/2023 11:23:04 AM
Creation date
6/23/2022 3:14:36 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/21/2022
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PERM
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11B Public Hearings
(Approved)
Path:
\City Clerk\City Council\Agenda Packets\2022\Packet 06212022
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REVISED DDA SCHEDULE OF PERFORMANCE <br />(June 2022 Revision) <br />Issuance for Vertical Improvements for <br />Market Element, or 3) 72 months following <br />Effective Date of Market Ground Lease <br />It is expressly understood and agreed by the Parties that the foregoing schedule of <br />performance is subject to all of the terms and conditions set forth in the text of the Disposition and <br />Development Agreement including, without limitation, extension due to Force Majeure. Times of <br />performance under the Disposition and Development Agreement may be extended by request of <br />any Party memorialized by a mutual written agreement between the Parties, which agreement may <br />not be unreasonably denied or delayed by the non -requesting Parry (subject to events of force <br />majeure set forth in the Disposition and Development Agreement). <br />5119244.1 <br />
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