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Resolution 2015-86
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Resolution 2015-86
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Entry Properties
Last modified
12/1/2022 9:27:51 AM
Creation date
12/2/2015 9:31:42 AM
Metadata
Fields
Template:
City Council Records
Also Known As (aka)
Dogwood 1754 Development Agreement
Doc Type
Resolution
Ord/Res - Year
2015
Ord/Res - Number
86
Property Address Number
1754
Property Address Street Name
Dogwood
Subdivision Name
Park at CTC
Parcel Identification Number
157516016001
Original Hardcopy Storage
7D6
Supplemental fields
Test
RES 2015-86
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Improvements is no longer in effect. <br />8.5 Assignment, Delegation_and Notice. This Agreement, or any part of this Agreement, <br />may not be assigned by the Developer to any other party without the prior written approval of the <br />City, which approval shall not be unreasonably withheld, conditioned or delayed. Developer <br />shall provide to the City for approval written notice of any proposed assignment of any <br />obligations under this Agreement to any successor, as well as arrangements, if any, for <br />delegation of the improvement obligations hereunder. Developer and any successor shall, until <br />written City approval of the proposed assignment and delegation of obligations, be jointly and <br />severally liable for the obligations of Developer under this Agreement; following such approval, <br />Developer shall be released from such obligations from and after the date of such approval, but <br />such approval shall not release any previously accrued liabilities unless expressly agreed by the <br />City. City may require as•part of any such approval that the successor execute its consent to <br />such assignment to be bound by specified terms and conditions hereof and/or of applicable <br />provisions of the Plan and other applicable documents. <br />8.6 Modification and Waiver. No modification of the terms of this Agreement shall be <br />valid unless in writing and executed with the same formality as this Agreement, and no waiver of <br />the breach of the provisions of'any section of this Agreement shall be construed as a waiver of <br />any subsequent breach of the same section or any other sections which are contained herein. <br />8.7 Addresses for Notice. Any notice or communication required or permitted hereunder <br />shall be given in writing and shall be personally delivered, or sent by United States mail, postage <br />prepaid, registered or certified mail, return receipt requested, addressed as follows: <br />CITY: <br />City of Louisville <br />City Manager <br />749 Main Street <br />Louisville, .CO 80027 <br />With a copy to: <br />Light, Kelly P.C. <br />City Attorney <br />749 Main Street <br />Louisville, CO 80027 <br />DEVELOPER: <br />TEBO Properties <br />3111 28`h Street • <br />Boulder, CO 80301 <br />Stephen D. Tebo <br />PO Box T <br />Boulder, CO 80306 <br />or to such other address or the attention of such other person(s) as hereafter designated in writing <br />by the applicable parties in conformance with this procedure. Notices shall be effective three <br />days after mailing or upon personal delivery in compliance with this paragraph. <br />8.8 Force Majeure. Whenever Developer is required to complete construction, <br />maintenance, repair, or replacement of Developer Improvements by a given or agreed -upon <br />deadline, such deadline shall be reasonably extended if Developer cannot as a practical matter, <br />
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