Laserfiche WebLink
Section 5.13. Recording. The Owner will cause, at Owner's expense, this PILOT <br /> Agreement, the Ordinance of the Common Council approving this PILOT Agreement (the <br /> "Ordinance") and any other instruments of further assurance to be promptly recorded, filed, and <br /> registered as provided in the Ordinance, and at all times to be recorded, filed, and registered, in <br /> such manner and in such places as may be required by law to preserve and protect fully the rights <br /> of the City hereunder as to all of the mortgaged property. In the event the owner does not record <br /> and file the PILOT Agreement and the Ordinance, as provided in the Ordinance,within thirty(30) <br /> days of the later of(i) adoption of the Ordinance by the Common Council and (ii) execution of <br /> this PILOT Agreement by all parties thereto,the City will cause, at Owner's expense,this PILOT <br /> Agreement and the Ordinance to be recorded and filed as provided in the Ordinance, the expense <br /> of which will be reimbursed by the Owner to the City. <br /> Section 5.14 Incorporation of Recitals.The recitals contained in this PILOT Agreement <br /> are incorporated into the operative provisions of this PILOT Agreement as if separately restated <br /> and are true and correct. <br /> [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br /> 7 <br />