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03-2024 - Authorize Development Agreement with LDC Warren LTD, LLC
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03-2024 - Authorize Development Agreement with LDC Warren LTD, LLC
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4/4/2024 4:01:58 PM
Creation date
4/3/2024 3:36:36 PM
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Office Of Council
Document Type
Ordinance
Number
03-2024
Date Adopted
4/1/2024
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DocuSign Envelope ID: 92860B03-367C-49AA-BA95-OFDE6BFCF177 <br />XXVIII. ESTOPPEL CERTIFICATES; CERTIFICATE OF COMPLIANCE <br />Within thirty (30) days after a request from the Developer or any successor -in -interest to <br />the Developer under this Agreement, the City shall execute and deliver to the Developer, any <br />successor -in -interest to the Developer, or any proposed purchaser, mortgagee or lessee of the <br />Project, a certificate in a form mutually -acceptable to the City and the Developer stating that, if <br />the same is true: (i) this Agreement is in full force and effect; (ii) the requesting Developer or <br />successor is not in default under any of the terms, covenants or conditions of this Agreement, or, <br />if the Developer or successor are in default, specifying same; and (iii) such other matters as the <br />Developer or successor reasonably requests. Additionally, following completion of initial <br />construction of the Project (i.e., after the final certificate of occupancy has been issued), upon <br />request by the Developer, the City will provide a written certificate of compliance confirming, the <br />Developer have complied with the requirements set forth in Sections II(A) and (B), V, VII, VIII, <br />XIII, and XIV hereof (subject to the Developer providing reasonable backup documentation to <br />confirm same). <br />XXIX. MISCELLANEOUS <br />A. Any notice of communication required or permitted to be given under this <br />Agreement by either Party to the other shall be deemed sufficiently given if personally <br />delivered, or mailed by certified United States mail, postage prepaid, and addressed as <br />follows: <br />(1) Notice to City: <br />City of Lakewood <br />Attention: Mayor <br />12650 Detroit Ave. <br />Lakewood, Ohio 44107 <br />with a copy to: <br />Law Director <br />City of Lakewood <br />12650 Detroit Ave. <br />Lakewood, Ohio 44107 <br />21 <br />
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