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22-2021 - TIF for W. 117 Development LLC Fieldhouse
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22-2021 - TIF for W. 117 Development LLC Fieldhouse
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7/23/2021 12:03:09 PM
Creation date
7/23/2021 9:36:18 AM
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Office Of Council
Document Type
Ordinances
Number
22-2021
Date Adopted
7/19/2021
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shall not be deemed Force Majeure or unforeseeable delays beyond the reasonable control of the <br />Developers. In the event that construction does not occur in a timely manner described in this <br />Section, or construction of the Project ceases to progress, subject to delays due to Force Majeure, <br />in addition to and not in limitation of any other remedies available to the City, the Developers shall <br />comply with all City requirements relating to restoration of the Development Site until such time <br />as construction shall begin or resume, as the case may be. The timeline for performance set forth <br />in this Section X will be subject to extension by thirty (30) days for any instance in which the City <br />or one of its boards or commissions fails in the ordinary course to act on an application or request <br />by any of the Developers. <br />At all times during construction of the Project, the Developers shall have available and <br />made known to the City a competent representative who is knowledgeable and familiar with the <br />Project. The representative shall be capable of reading plans and specifications and shall have the <br />authority to address any questions raised by the City with respect to such plans and specifications. <br />XI. USE AND DESIGN RESTRICTIONS <br />Developers, for themselves and their successors and assigns, and every successor in interest <br />to any portion of the Development Site, agrees and covenants that Developers and its successors <br />and assigns shall not permit the use of any portion of the Development Site for any of the uses set <br />forth on Exhibit D attached hereto and incorporated herein (the "Prohibited Uses"). <br />Without intending to restrict the provisions of this Section, it is intended and agreed that <br />the City and its successors, shall be deemed beneficiaries of the agreements, covenants, and <br />restrictions provided in this Section both for and in their own right and also for the purposes of <br />protecting the interests of the community. Such agreements, covenants, and restrictions shall run <br />in favor of the City and its successors for the entire period during which same remain in effect, <br />without regard to whether the City and its successors have at any time been, remain, or are an <br />owner of any portion of the Development Site or interest therein to or in favor of which such <br />agreements, covenants, and restrictions relate, the City and its successors shall have the right, in <br />the event of any breach 'of any such agreement, covenant, or restriction, to exercise all rights and <br />remedies and to maintain any actions or suits at law or in equity or other proper proceedings to <br />enforce such agreements, covenants, and restrictions and to enforce the curing of any breach <br />thereof. <br />XII. ROCKPORT TIF <br />The Development Site is currently located within the Rockport Square Incentive District <br />established by the City under Ohio Revised Code Section 5709.40 (the "Rockport TIF"). For the <br />avoidance of doubt, the TIF for this Project shall be subordinate to the Rockport TIF for so long <br />II <br />
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