Res 2011-033 - Laserfiche WebLink

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Section 3.02. Waivers Limited. The above waivers apply only to the Centerpoint Sign and the Interstate Sign. Except as specifically stated above, the City grants no other waivers of requirements under the LDC, and any signs, including the Centerpoint Sign and Interstate Sign, installed by the Owner shall conform in every other respect to the requirements of the LDC and other applicable ordinances, rules, regulations and standards of the City. The waivers granted do not allow for the Centerpoint Sign or the Interstate Sign to exceed the dimensions specified in Exhibit "A ". PART 4. DEFAULT AND TERMINATION Section 4.01. Default and Termination. The City Manager may declare a default under this Agreement and may terminate this Agreement if the Owner: a. fails to complete the Project within the time specified or according to the specifications in Section 2.01; b. fails to operate the Tanger Outlets as required under Section 2.02, with the exception of interruptions which may occur from Force Majeure events; C. fails to display public service messages in accordance with Section 2.03; d. allows the Centerpoint Sign or the Interstate Sign to remain inoperable for a period of 60 or more days, unless the inoperation is beyond the Owner's control and Owner is undertaking reasonable efforts to restore operation; e. made or makes any representation relied upon by the City in entering into this Agreement or in any request or submission to the City relating to this Agreement that is false or misleading in any material respect; f. assigns this Agreement without the consent of the City; or f.. allows ad valorem taxes on property in the City owned by Owner to become delinquent. Section 4.02. Notice of Default and Termination. If the City Manager reasonably determines that the Owner is in default under Sections 4.01 (a), (c), (d) or (f), the City Manager will notify the Owner in writing of such default, and if the default is not cured within 30 days from the date of the notice, the City Manager may terminate this Agreement, unless reasonable efforts are being made to cure said default and said default cannot reasonably be cured within 30 days. For any other default under this Agreement, the City Manager may terminate the Agreement upon sending 30 days prior written notice of termination to the Owner. Section 4.03. Status of Signs and Waivers Upon Termination. Upon termination of this Agreement, the Owner agrees that the waivers granted by the City shall automatically expire 3