03-2024 - Authorize Development Agreement with LDC Warren LTD, LLC

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DocuSign Envelope ID: 92860B03-367C-49AA-BA95-OFDE6BFCF177 related construction workers on a quarterly basis to assure payment of appropriate income taxes due to the City from such employment. XXI. EQUAL OPPORTUNITY EMPLOYMENT In accordance with Ohio Revised Code Section 5709.832, the Developer hereby states that no Owner shall deny any individual employment based on considerations of race, religion, sex, disability, color, national origin or ancestry. In addition, no Owner shall deny any individual employment based on considerations of sexual orientation, gender identity and expression, age, or veteran status. XXII. CITY LEGAL FEES PAID BY DEVELOPER Upon the City's passage of the TIF Ordinance and CRA Ordinance as set forth in this Agreement, the Developer shall reimburse the City's reasonable fees for outside legal counsel incurred in connection with this Agreement and the planning and documenting of the Project; provided, however that such fees shall not exceed the Cost Cap. Upon the City's passage of the TIF Ordinance and CRA Ordinance, the City shall provide an invoice and, if applicable a cancelled check demonstrating payment,to the Developer for fees incurred through such date. Such reimbursed amounts shall be paid by Developer within 30 calendar days of receipt_ of any invoice presented by the City. Thereafter, the City shall provide additional invoices to the Developer for costs incurred hereunder no more frequently than quarterly. The Developer shall additionally reimburse the City for reasonable costs of outside legal counsel incurred in connection with the Agreement after the execution of this Agreement, if applicable, including particularly with respect to the establishment of the CRA and TIF and documentation of the Service Agreement; provided, however, that such reimbursable costs shall not exceed the Cost Cap. XXIII. INSURANCE During construction and until completion of the improvements on that portion of the Development Site being developed by it, Developer shall maintain insurance in such amounts and for such events as may be required by its lender or reasonably required by the City's existing rules and regulations applicable to all development and construction in the City, and as may be commonly maintained in connection with a development of the size and nature of the Project. The Developer agrees, on behalf of itself and its agents, subcontractors, and subconsultants that the insurance policies required herein (excluding the professional liability insurance) shall require the insurer to name the City as an additional insured, and to provide the City with 30 days' prior written notice before the cancellation of a policy. All insurance shall be effected by valid enforceable policies issued by insurers authorized to do business in the State of Ohio. Upon request, the Developer shall provide copies of all insurance certificates to the City. 17