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80A - JOINT WORK CENTER MOU
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80A - JOINT WORK CENTER MOU
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Last modified
4/28/2022 11:33:23 AM
Creation date
5/2/2019 6:11:42 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
5/7/2019
Destruction Year
2024
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EXHIBIT 1B <br />of this Exhibit "E" shall auhnnadcaIly be deemed waived by Tenant. Any review or records tinder this 5cotlon 4 of this FxhIhil "E" shall be at the <br />sole expense of Tcnonl, shall be conducted by independent certified public accountants of national standing which are not compensated on a <br />contingency fee or simI far basis relaIng to the results of such audit and shall be completed within sixty (60) days after Landlord provides Tenant with <br />access to Landlord's supporting books and records. Tenunt oftowfedges and agrees that any records or Landlord reviewed under dais &don 4 of <br />Inds Exhibit "E" (slid (lie Information contained therein) constitute confidential Information of Landlord, which shall not be disclosed other than to <br />Tenant's accountants performing the review and principals of Tenant who receive the results of the review. If Lundiord disagrees with Tenant's <br />contention that an error exists Willi respect to the Lnndl Statement fit dlspnte, Landlord shall have the right to cause another review of that <br />portion of Landlord's Statement to be made by a film or independent certified public accountants of nntlomd standing selected by Landlord <br />("Landlord's Aecoun(a nt"), In the event of a disagreement between the two occountf la firms, the review of Lan dIard's Accountmrt shall be <br />decmed to be correct and shall be conclusively binding on both Landlord and Tenant. In the event that It Is finally determined pursuant to this <br />Section 4 orthis EKIII ' "E" that a particular Landlord's Statement overstated Opera( Ing Expenses and Property Taxes with respect to the applicable <br />Expense Year by more than ten percent (10%), Landlord shall reimburse Tenant for the reasonable cost of Tenant's accountant. In a0 ad,er cases, <br />Tenant shall be liable for Landlord's Accountant's actual fees and expenses. <br />J01 lurfivlr Cealer Ur-00V nfSnnh, Ann Lease .q_ <br />fxhlbh r: <br />80A-175 <br />
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