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80A - JOINT WORK CENTER MOU
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05/07/2019
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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 1C <br />of this Exhlb t"E" shall aulootmlcaI ly be dcemod waived by Ten ant, Any review of records under this Scotian 4 of this Exhibit "E" shall be at the <br />sole expense of Tenant, shall be conducted by independent earlfted public accountants of notional standing which are not compensated on a <br />coiltingency fee or similar basis relating to the rnauIts of such audit and shall be completed Will in sixty (60) days eRer Landlord provides Tenant with <br />access to Landlord's supporting books and records. Tenant acknowledges and agrees 0tat any records or Landlord reviewed under tills gctlorl 4 of <br />this Exhibil"E" (and the Information contained therein) constitute confidential In Potmatlon of Landlord, which shell not be disclosed odier than to <br />TenanPs accountants performing the review and principals of Tenant who recelve the results of the review, If Landlord disagrees with Tenant's <br />contention that an airor exists with respect to the Landlord's Statement In dispute, Landlord shall have the right to cause another review or that <br />portion or Landlord's Statement to be made by a film or Independent cerilied public accountants of national standing selected by Landlord <br />("Landlord's Accountant"), In the event of a disagreement between the two accounting firms, the review of Landlord's Accountant shall be <br />deemed to be correct and shot] be conclusively binding an both Landlord and Tenant, In the event that it is finally determined pursuant to tills <br />Section of this Exhi ' "E" that a particular Landlurd's Statement overstated Operating Expanses and Property Taxes with respect to the applicable <br />Expanse Year by more than ten percent (10%), Landlord shall reimburse Tenant for the reasonable cost of Tenant's accountant. In all oiler cases. <br />Tanont shall be liable for Landlord's Accountant's actual tees and expenses. <br />8r1/ FV'Civir CYn(rr t)r—lf7a'rrfS1111hr Alin Leure -I- Ulibh Ii <br />80A-273 <br />
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