Ord 1988-080 - Laserfiche WebLink

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and the City agrees to reimburse the District the City's pro rata share of said costs as shown in Exhibit D hereto plus actual interest costs and associated Bond issuance costs prior to the beginning of construction on the land or within the easements and rights-of-way. ARTICLE EIGHT LAND USE AND DEVELOPMENT Section 8.01. Comprehensive Planninq. The parties hereto acknowledge that the City has a Master Plan which is applicable to the land within the District. The parties acknowledge that at the time of the execution of the Agreement and this Amended Agreement no significant conflicts exist between the District's Land Plan, as shown on Exhibit F, and the Master Plan. Section 8.02. Roads. All street improvements within the District shall be constructed in accordance with appli- cable City policies and ordinances. ARTICLE NINE ASSIGNMENT OF AMENDED AGREEMENT LRL, its successors and assigns may, from time to time, transfer, conveyor assign all or any part of its rights and obligations under this Amended Agreement with respect to all or any part of the land wi thin the District owned by it. Provided that the assignee or assignees assume the liabil- ities, responsibilities and obligations of the assignor under this Amended Agreement, the party assigning its rights and obligations under this Amended Agreement shall be released from the liabilities, responsibilities and obligations hereof to the extent of the land involved in such assignment or assignments. The City may review for the purpose of approval or disapproval the proposed assignment by LRL of any conveyance of property within the District other than individual residential lots and/or developed commercial or industrial lots. The city's approval of a proposed assignee shall not be unreasonably withheld, and may only be withheld upon notice to LRL of the specific objections to the assignment and the provision of an opportunity to cure. The -17-