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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 IF <br />of this 136hlbit "E„ shall nut un adcally be deemed waived by Ten out. Any review or records under this Section 4 of this Exhibit "E", shell beat the <br />sole expense of Tenant, shall be conducted by independent coitifted public accountants of national standing which are not compensated on a <br />contingency fee orsimilar basis relating to the results ofsuch audit and shall be completed within sixty (60) days after Landlord provides Tenant with <br />access to Landlord's supporting books and records. Tenant acknowfedges and agrees that any records of Landlord reviewed under this Section 4 of <br />tills Exhibit"E„ (and the Information contained thcreln) constitute confidential Information or Landlord, which shall not be disclosed other than to <br />Tenant's accounlants perfonning the review and principals of Tenant e,ho receive the results of the review. if Lundimt disagrees With Tenant's <br />contention that an error exists with respect to the Landlord's Statement In dispute, Landlord shall have the right to cause another review or thus <br />portion of Landlord's Statement to be made by a firm or independent certified public accountants of national standing selecUd by Landlord <br />("Ln ndlm•d's Arena n I a a P'), I the event of it disagreement between the Iwo accounting firms, the review of Landlord's Accountant shall be <br />deemed to be correct and shall be conclusively binding on both Landlord and Tenant. In the event Thal It Is finally determined pursuant to flits <br />SecLion 4 or this Exhi ' "E" that a particular Landlord's Statement ovenstated Operating Expenses and Property Taxes with respect to the applicable <br />Expense Year by more than ten percent (10°/a), Landlord shall reimburse Tenant for the reasonable cost arTenant's accountant, in all odrer cases. <br />Tenant shall be llablk for Landlord's Accountant's actual fees and expenses. <br />801 FI' Civrr C'enler Ur —CYO• nf5aurn Ann Learn -4- Exhibit r. <br />80A-558 <br />
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