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1998 033 Ordinance
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1998 033 Ordinance
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Last modified
11/19/2018 4:10:32 PM
Creation date
9/10/2018 9:46:06 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
033
Date
9/28/1998
Year
1998
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Exhibit A -Ord. 98-33 <br />ADDENDUM TO AGREEMENT <br />OF MARCH 27, 1998 <br />THIS AGREEMENT is an Addendum to the original Development Agreement <br />entered into between Mayfield Village ("Village") and Progressive Casualty Insurance <br />Company ("Progressive"), on the 27th day of March, 1998.. <br />WHEREAS, Progressive and the Village desire to amend Paragraph 3 of said <br />Agreement, beginning on Page 2 and finishing on Page 3, providing for shared <br />expenses and assessment to Progressive for only that portion of the North Chagrin <br />Commons Boulevard extending from White Road southerly to the end of the former <br />Parkview Golf Course property; and <br />WHEREAS, in consideration of this Addendum and amendment to the former <br />Agreement, Progressive will enter into a "TIF" Agreement as agreed upon between the <br />parties. <br />NOW, THEREFORE, progressive and the Village hereby and herein agree to an <br />amended Paragraph 3 of the Agreement entered into on March 27, 1998, to read as <br />follows: <br /> <br />Paragraph 3. CONSTRUCTION OF ROADWAY. <br />Promptly following execution of this Agreement. Village <br />shall commence and pursue diligently to completion all <br />action necessary to construct a roadway and utilities to <br />service the Development ("Roadway"). The Roadway shall <br />have at least one.curb cut on SOM Center Road and one <br />(~,,~ <br />t'tz <r <br />
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