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Res 2009-104
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Res 2009-104
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10/21/2009 10:57:40 AM
Creation date
8/21/2009 9:03:46 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2009-104
Date
8/18/2009
Volume Book
182
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thereto; <br />b. the total number of Jobs filled in the prior year and cumulatively since the <br />Effective Date; and <br />c. a statement that it is in full compliance with Developer's obligations under <br />this Agreement. <br />Upon receipt of any such form, the City shall have 60 calendar days to notify the Developer in <br />writing of any questions that the City may have with any of the information provided by the <br />Developer, and the Developer shall diligently work in good faith to respond to such questions to <br />the City's reasonable satisfaction. The Developer and the City Manager may agree in writing to <br />variations in the form attached as Exhibit "E" provided the information in this section required to <br />be reported is reported and certified by the Developer in writing to the City. <br />Section 7.03. Review of Developer Records. The Developer agrees that the City will <br />have the right to review the business records of the Developer and any Altra Affiliates as <br />reasonably necessary, that relate to the Project and Developer's compliance with the terms of this <br />Agreement at any reasonable time and upon at least seven days' prior notice to the Developer in <br />order to determine compliance with this Agreement. To the extent reasonably possible, the <br />Developer shall make all such records available in electronic form or otherwise available to be <br />accessed through the internet. <br />ARTICLE VIII <br />DEFAULT, TERMINATION AND REMEDIES <br />Section 8.01. Noncompliance with Personal Property and Jobs Obligations. If, at <br />the end of any applicable year during the Term the Developer is not in compliance with the <br />obligations to add Personal Property and create Jobs as provided in this Agreement, the City <br />may, in its sole discretion, withhold Grant Payments that would otherwise be due to Developer
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