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<br />Jul-03-1001 11:49 <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />From-PETERSON FRAM BEROMAN <br /> <br />T-161 P 013/016 F-TB5 <br /> <br />6511181753 <br /> <br />a. <br /> <br />A proposal to transfer property in a manner that would expose <br />the City to unacceptable environmental ckah tll'retnedhition <br />L..'..,..."'.......,,"........'''. <br />risks, <br /> <br />b. Failure of Developer to propose a land development pllUl <br />consistent with the TCAAP Utilization Plan and the City's <br />Comprehensive Lm.d U3e Plan~.!V.~~~11.l:e:n:t. <br /> <br />3. Failure to Reach A:reement. Pa[tk~ ackno\1ikdgc that ',he <br />eh,ilom..enlal3w...'e) "fthe TCAAP Sire, the Irlln3fel <lfthe TCA:.P <br />Site, and [he prepltl"lltioo "f a COIl,"1 ehell3i, e Lima Use PlIm .. ill be Ii <br />eOtltpkx llnd expcJ.si ,c tllldcrtftking. Iftl.e pll1tk3 havdfeitherplUo/ <br />has not been able to complete me;l . c3peeti, dts obligations under this <br />Interim A~~ement within the initial twelve-month term, but ba ve~ <br />made reasonable progress; and if the delays are the result of matters <br />beyond the party's control-cl, the CiE) lUldl-or the Dc ,c\eper,partvmaY <br />extend the term of this Agreement shill! be eXIClJaea for l',,'e1vean <br />......--......- - <br />additional twelve months by 'writtellnoficeto'the'othet:oartV, <br />Thereafter, the term of this Agreement may be extended by mutual <br />consent of the parties for six additionllJ months. <br /> <br />4. <br /> <br />Default. failufC llflfDeveloper to eMlpl) "itl. the lelms of ScctiOh <br />J.OL U"o!ll:he beel:lln,ICe. of a default, the: Cil) 3hl11l 3e:l, e arails to <br />pe~form its obligations under Section3,OEtheCity riiaysei\f~Notice <br />of Default upon the Developer, by certified mail, return receipt <br />requested. The Developer shall have thirty (30) days from the date of <br />the Notice of Default to cure the defimlt or the City may 1:erminate this <br />Interim Agreement. <br /> <br />H. <br /> <br />Data and Reports. Developer shall provide City with copies of the reports <br />and studies as identified on Exhibit D-. If this Agreemem is terminated, the <br />City may retain such data and reports upon payment of $ to the <br />Developer. <br /> <br />I. <br /> <br />Notice and Correspondence. Any notice required to be given to either party <br />shall be in writing!lIld deemed given if personally delivered upon the other <br />party or deposited in the United Slates mail, and sent certified mail, return <br />receipt requested, postage prepaid and addressed to the other party at the <br />address sel forth below or sent via facsimile transmission during normal <br /> <br />9 <br />