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No. 2241 approving a development agreement with gameday centers Southeastern, LLC and related matters
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No. 2241 approving a development agreement with gameday centers Southeastern, LLC and related matters
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Parking Facility so as to add a significant amount of parking spaces to the Parking Facility <br />(which is currently estimated to contain 359 parking spaces), the amount of Additional Spaces <br />used to calculate the Commission Purchase Price under Section 5.4 shall be increased by at least <br />twenty -five (25) spaces for a total of at least one hundred fifty (150) Additional Spaces. <br />SECTION 6.0 [RESERVED]. <br />SECTION 7.0 AMENDMENTS. <br />7.1 Amendment. This Agreement may be amended from time to time, in whole or in <br />part, by mutual written consent of the Parties or their successors in interest, in accordance with <br />this Agreement. <br />SECTION 8.0 COOPERATION- IMPLEMENTATION. <br />8.1 Upon submission by Developer of all appropriate applications and processing fees <br />for any required approval referenced in this Agreement, Commission shall promptly and <br />diligently commence and complete all steps necessary to comply with its obligation to support or <br />• endorse said approval. <br />8.2 Commission's obligations under Section 8.1 of this Agreement are conditioned <br />upon Developer's submission, in a timely manner, of all documents, applications, plans, and <br />other information necessary for the Commission to meet the obligations contained herein. It is <br />the express intent of Developer and Commission to cooperate and work diligently and in good <br />faith to obtain the approvals necessary to accomplish the Project. <br />SECTION 9.0 COOPERATION IN THE EVENT OF LEGAL CHALLENGE. <br />9.1 Cooperation. In the event of any administrative, legal or equitable action or <br />other proceeding instituted by any person not a party to this Agreement challenging the validity <br />of any provision of this Agreement, the Parties shall cooperate in defending such action or <br />proceeding to settlement or final judgment including all appeals. Each Party shall select its own <br />legal counsel and retain such counsel at its own expense, and in no event shall Commission be <br />required to bear the fees and, costs of Developer's attorneys nor shall Developer be required to <br />bear the fees and costs of Commission's attorneys. <br />The Parties agree that this Section 9.1 shall constitute a separate agreement entered into <br />concurrently with this Agreement, and that if any other provision of this Agreement, or the <br />Agreement as a whole, is invalidated, rendered null, or set aside by a court of competent <br />jurisdiction, the Parties agree to be bound by the terms of this section, which shall survive such <br />F.\ DATA\ SHAPE\Legal \Wpdata \SEP\Economic Development \Gameday \Gameday Development Agreement (version 4).doc <br />10 <br />
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