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SAMMIS - AGREEMENT - LEE SAMMIS COMPANY COMMERCIAL BLDG.
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SAMMIS - AGREEMENT - LEE SAMMIS COMPANY COMMERCIAL BLDG.
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3/31/2008 4:50:41 PM
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11/1/2007 12:37:52 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
12/31/1981
LONG TERM AGREEMENTS - NAME
LEE SAMMIS
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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<br />~ ~ <br />towards fire services in its ordinary contribution towards <br />funding city services, gernerally (via taxes, etc) and the <br />level of fire protection designed into subject project. <br />VI. DEVELOPER'S .RIGHTS <br />With reference to each of the agreements contained <br />herein to place subject site into one or more assessment <br />districts, benefit districts, or other district or funding <br />mechanism requiring. .,approval of all or a majority of properties <br />so included the Developer agrees to either (1) not protest <br />the establishment of the district or (2) to affirmatively <br />vote for the creation of the district or other mechanism, <br />depending on the manner of creation of the funding mechanism. <br />However, Developer retains the right to protest that'the <br />allocation of costs among various properties is inequitable <br />under any of the above-mentioned ,funding mechanisms. <br />In the event the assessment mechanism appears to impose <br />economically infeasible levels of cost upon. the project <br />site, the City agrees to continue to explore alternate <br />.financing methods. <br />This agreement is not intended to abrogate any existing <br />agreement between the City and Developer, in particular that <br />agreement.. entered into on May 31, 1974, entitled AGREEMENT OF <br />PROCEDURES AND OBLIGATIONS FOR ASSISTING IN THE ESTABLISHMENT <br />OF A MAJOR SHOPPING CENTER IN THE STONERIDGE AREA THROUGH <br />FINANCING OF THE PUBLIC IMPROVEMENTS BY SPECIAL ASSESSMENT <br />DISTRICT. <br /> <br />-6- <br />
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