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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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Last modified
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 />N. Approvals by City. Any provision of this Agreement requiring the approval of the <br />City, the satisfaction or evidence of satisfaction of the City, certificate or certification by <br />the City or the opinion of the City shall be interpreted as requiring action by the Mayor of <br />the City (or such other official as the Mayor of the City may from time to time designate) <br />granting, authorizing or expressing such approval, satisfaction, certification or opinion, as <br />the case may be, unless such provision expressly provides otherwise. <br />O. Municipal Power. Nothing in this Agreement shall be construed to be in derogation <br />of the powers granted to the municipal corporations by Article XVIII of the Ohio <br />Constitution, including the right to protect the health, safety and welfare of its citizens. <br />P. Further Assurances. The parties shall take or cause to be taken any and all other or <br />further actions necessary or required of such party in order to effectuate any of the terms <br />and provisions herein. <br />Q. Good Faith. Whenever in this Agreement any Party is required or permitted to <br />grant approval or consent, take any action or request any other Party to take any action, <br />make decisions or otherwise exercise judgment as to a particular matter, arrangement or <br />term, the Party granting such approval or consent, taking or requesting such action, making <br />decisions or otherwise exercising judgment shall act reasonably and in good faith and, in <br />the case of approvals or consents, shall act with all deliberate speed in making its <br />determination of whether or not to approve or consent to any particular matter and shall <br />not impose conditions on the granting of such approval or consent that the approving or <br />consenting Party does not believe are necessary in connection with such approval or <br />consent. <br />(Signature Page Follows) <br />25 <br />
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