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08-25 Authorizing the City to Issue One or More Series of its Taxable Economic Development Tax Increment Revenue Bonds and Approving and Authorizing Other Actions in Respec Thereto in Connection With the J. C. Hart Development Project
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08-25 Authorizing the City to Issue One or More Series of its Taxable Economic Development Tax Increment Revenue Bonds and Approving and Authorizing Other Actions in Respec Thereto in Connection With the J. C. Hart Development Project
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or property damage caused by the intentional misrepresentation or willful misconduct of either the <br /> City or the Trustee. <br /> Section 3.6. Payment of Bond Issuance Costs of Bonds, Other Fees and <br /> Expenses. The Company hereby covenants and agrees to pay all Issuance Costs(as defined in the <br /> Development Agreement), all of which are obligations of the Company. <br /> Section 3.7. Other Amounts Payable by the Company. The Company covenants <br /> and agrees to pay the following,to the extent that such expenses are not included in the Bonds: <br /> (a) All reasonable fees, charges and expenses, including agent and counsel fees and <br /> expenses, of the Trustee incurred under the Indenture, as and when the same become due to the <br /> extent TIF Revenues are not available. <br /> (b) An amount sufficient to reimburse the City for all expenses reasonably incurred by <br /> the City under this Agreement and in connection with the performance of its obligations under this <br /> Agreement or the Indenture. <br /> (c) All reasonable expenses incurred in connection with the enforcement of any rights <br /> under this Agreement, the Development Agreement or the Indenture by the City, the Trustee or <br /> the Bondholders. <br /> (d) All other payments of whatever nature which the Company has agreed to pay or <br /> assume under the provisions of this Agreement or the Development Agreement. <br /> (End of Article III) <br /> - 10 - <br />
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