Laserfiche WebLink
<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> the City grants writteii consent to transfer the rights. Nor shall the rights of Nexus or Geneva <br /> Commons hereunder be subject to assignment by attachment, execution, or proceedings under <br /> any provision of the Bankruptcy Act, Lind any such assignment or transfer shall be wholly void <br /> and of no force and effect unless such written consent thereto be obtained from the City Council. <br /> Such transfer or assignment shall not relieve Nexus or Geneva Commons of any duty, obligation <br /> or liability to City Nvithout the consezxt of the City. <br /> During the term of this Agreement, any approved assignee or transferee of the <br /> rights under this Agreement shall observe and perform all of the duties and obligations of Nexus <br /> or Geneva Commons contained in this Agreement as such duties and obligations pertain to the <br /> Nexus or Geneva Commons. Any and all approved successors and assignees of Nexus or <br /> Geneva Commons shall have all of the same rights, benofits, duties, obligations, and liabilities of <br /> Nexus or Geneva Commons under this Agreement; If the Property is subdivided, any subdivided <br /> parcel may be said, mortgaged, hypothecated, assigned, or transferred to persons for <br /> development by them. Upon assignment or transfer of the rights of Nexus or Geneva Commons <br /> under this Agreement, the obligations of the assignor and the transferee or assignee, shall be joint <br /> and several. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Agreement the date and <br /> year first above written, <br /> <br /> SANDPOINTE NEIGHBORHOOD, <br /> ASSOCIATION, INC. <br /> <br /> <br /> By <br /> Name <br /> Its <br /> <br /> <br /> <br /> NEXUS DEVELOPMENT CORPORATION/ <br /> CJ3NTRAL DIVISION, INC. <br /> <br /> <br /> By -a <br /> Name <br /> Its <br /> <br /> <br /> <br /> Ordinance No. NS-2880 12 <br /> Page 42 of 61 <br /> <br /> <br /> <br /> <br /> 75A-163 <br />