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1979 077 Ordinance
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1979 077 Ordinance
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Last modified
11/19/2018 3:56:17 PM
Creation date
8/9/2018 9:07:51 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
077
Date
10/15/1979
Year
1979
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ORDINANCE NO. <br />Page -12- <br />(9) A.statement conspicously disp]ayed on the first page <br />of each copy of the Public Offering Statement in a type size <br />and style equal to at least twenty (20) point bold type: <br />WARNING: ORAL REPRESENTATIONS CANNOT BE RELIED <br />UPON AS CORRECTLY STATING THE REPRESENTATIONS OF <br />THE DEVELOPER AND ARE NOT BINDING ON THE DEVELOPER. <br />REFER TO THIS PUBLIC OFFERING STATEMENT FOR CORRECT <br />REPRESENTATIONS. <br />(10.) The signature of the executive officer of the developer <br />to a statement affirming under oath that the P,ublic Offering <br />Statement is, and any supplements, modifications and amendments <br />are, true, full, complete and correct as he truly believes. <br />(b) Amendments to Public Offering Statement. <br />The developer shall amend the Public Offering Statement <br />from time to time when any material changes occur in any matter <br />contained therein. Amendments shall be made as soon as practicable <br />aPter such material change occurs or the developer has reason <br />to know of such material change and a Public Offering Statement <br />is not current unless all amendments are incorporated therein. <br />(c):Promotional use of Public Offering Statement. <br />The Public Offering Statement shall not be distributed <br />or used for any promotional purposes before its £iling with <br />Mayfield Village and afterwards, with the exception of sales <br />brochures contained therein, shall be used only in its entirety <br />for promotional purposes. <br />1379.06 PROTECTION OF TENANTS AND PURCHASERS <br />(a) Notification to Prospective Tenants. <br />Throughout so much of the one hundred eighty (180) day <br />period immediately before the £iling of a declaration with the <br />Cuyahoga County Recorder durinq which a developer of a conversion <br />condominium development is the owner thereof, he should give <br />written notification to each prospective tenant before entering <br />into a lease with said rental units may be converted to <br />condominiums within said period. <br />(b) Notice of Conversion and Public Offering Statement. <br />A developer of a conversion condominium development shall <br />deliver to each of the tenants in possession written notice of
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