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<br /> 8110 7r;~ <br /> -11- ) h. ~j Ii "" ':' <br /> to and shall not result in a forfeiture of the <br /> Tax Abatement provided for herein; however, in such case <br /> Parkview agrees to give written notice thereof to the City <br /> within ten (10) days of such transaction. <br /> B. Upon the request of Parkview, when Parkview has arranged a <br /> party to finance the project herein contemplated, the City <br /> will enter a three-party transfer agreement under which all of <br /> the rights and obligations of the parties hereunder will be <br /> preserved, although the named parties to this Agreement may be <br /> amended to include the financing party. <br /> C. In addition to the aforesaid permitted assignments, this <br /> Agreement may be assigned to a new owner or lessee of the <br /> facility with the written consent of the City Council, which <br /> consent shall not be unreasonably withheld. Any assignment <br /> shall provide that the ass ignee shall irrevocably and <br /> unconditionally assume all the duties and obligations of <br /> the assignor upon the same terms and conditions as set out in <br /> this Agreement. Any assignment of this Agreement shall be to <br /> an entity that contemplates the same improvements to the <br /> property, except to the extent such improvements have been <br /> completed. No assignment shall be approved if Parkview or the <br /> assignee are indebted to the City for ad valorem taxes or <br /> other obligations. <br />