Laserfiche WebLink
evaluated by the City according to its tax abatement program, notwithstanding the effect <br />of the Circuit Breaker Tax Credit set forth in Ind. Code. 6 -1.1 -20.6. <br />(e) Developer shall have received reasonable assurance that covered parking <br />may be located on the Support Parcel and be satisfied, in its reasonable discretion (i) with <br />the title to the LaSalle Property, terms and provisions of any Restrictions and any further <br />due diligence regarding the LaSalle Property; and (ii) that certain building features of the <br />LaSalle Property, including those listed on Exhibit D -2, will be considered grandfathered <br />or otherwise approved by the state and local building departments as compliant under the <br />Indiana building code. <br />(f) The Commission shall have delivered to Developer copies of documents <br />in Commission's possession, if any, which pertain to restrictive covenants, surveys, <br />environmental reports and title documentation (including copies of exception documents, <br />if any) related to the LaSalle Property. <br />(g) As of the Closing, Developer shall have obtained or determined that it <br />shall be able to obtain all required building permits for the Project. <br />(h) The Parties shall have agreed to the form of lease referenced in Section <br />5.3(b) to be entered into upon substantial completion of the Project. <br />3.5 Grant of Easement. At the Closing, Developer shall grant to the Commission a <br />temporary non - exclusive easement on, in, over and across the LaSalle Property to permit the <br />Commission to fulfill its obligations under this Agreement, including, but not limited to the <br />construction, equipping and delivery of the Local Public Improvements (the "Easement ") in such <br />form as mutually agreed to between the Parties. The Easement shall (a) run with and burden the <br />LaSalle Property; (b) inure to the benefit of the Commission and its contractors acting on behalf <br />of the Commission in connection with the construction, equipping and completion of the Local <br />Public Improvements; (c) bind the Developer (as owner of the LaSalle Property) and its grantees, <br />successors and assigns; and (d) terminate upon completion of the Local Public Improvements. <br />3.6 As Is Transaction. Except as expressly provided herein, Commission is not <br />making and has not at any time made any warranties or representations of any kind or character, <br />express or implied, with respect to the LaSalle Property, including, but not limited to, any <br />warranties or representations as to habitability, merchantability, fitness for a particular purpose, <br />title (other than Commission's limited warranty of title to be set forth in the deed), zoning, tax <br />consequences, physical or environmental condition, operating history or projections, valuation, <br />governmental approvals, governmental regulations, the truth, accuracy or completeness of the <br />items or any other information provided by or on behalf of Commission to Developer or any <br />other matter or thing regarding the LaSalle Property. Upon Closing, Commission shall sell and <br />convey to Developer, and Developer shall accept the LaSalle Property "as is, where is, with all <br />faults." Developer has not relied upon and will not rely upon either directly or indirectly, any <br />representation or warranty of Commission with respect to the LaSalle Property except as <br />otherwise expressly provided herein. Developer will conduct such investigations of the LaSalle <br />Property, including but not limited to, the physical and environmental conditions thereof, as <br />Developer deems necessary to satisfy itself as to the condition of the LaSalle Property and will <br />-5- <br />dms.us.52637413.08 <br />