RES 97016 - Laserfiche WebLink

At the time and place set for the hearing on modification or termination, Developer shall be given an opportunity to be heard, and Developer shall be required to demonstrate good faith compliance with the terms and conditions of this Agreement. If the City finds, based upon substantial evidence, that Developer has not complied in good faith with material terms or conditions of this Agreement, the City may terminate this Agreement or modify this Agreement and impose such conditions as are reasonably necessary to protect the interests of the City. IX. Term of Atn'eement. This agreement shall be in effect from the date of its execution and continuing until the completion of Development schedule as detailed on Exhibit "C" subject, however, to the following: Termination This agreement may be terminated at any time by the mutual consent of the City and the Developer. This agreement may be terminated by the Developer effective the end of any calendar month with not less than 30 days' written notice to the City fbllowing the provisions set tbrth in Section VIII(A). In the event of termination initiated by Developer, all drawings, reports, studies and site improvements in control of the developer and prepared in connection with the terms and conditions of this agreement shall become the property of the City at no cost to the City. This agreement may' be terminated by the City in the event that the Developer is determined by the City to be in default as provided in Section VIII. This termination shall be effective 30 days after Developer's receipt of a termination notice. The City shall set forth the reasons for the termination. Within such 30 day period, the Agreement for Disposition and Development of Land for Private Development - DATE , 1997 Page 8 ALFDDA 1. SAM; 01 / I 0/97