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THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A (3).
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THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A (3).
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Last modified
7/8/2014 4:59:15 PM
Creation date
7/8/2014 4:51:26 PM
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Contracts
Company Name
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
Contract #
A-2014-133-B
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
6/3/2014
Destruction Year
0
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TABLE OF CONTENTS <br />DEFINITIONS; RULES OF INTERPRETATION <br />SectionI.I. Definitions ........................................................................................................................................................ ..............................2 <br />Section1.2. Interpretation .................................................................................................................................................. ..............................6 <br />ARTICLE II <br />COVENANTS, REPRESENTATIONS AND WARRANTIES <br />Section 2.1. Covenants, Representations and Warranties of the City ......................................................... ..............................7 <br />Section 2.2. Covenants, Representations and Warranties of the Authority ............................................ ..............................9 <br />107M0410 111 <br />DEPOSIT AND APPLICATION OF FUNDS <br />Section 3.1. Deposit of and Application of <br />ARTICLE IV <br />LEASE OF PROPERTY; LEASE PAYMENTS <br />Section 4.1. Sublease of Property by the Authority Back to the City ......................................................... <br />.............................12 <br />Section4.2. Term ................................................................................................................................................................... <br />.............................12 <br />Section4.3. Lease Payments ............................................................................................................................................ <br />.............................12 <br />Section4.4. Quiet Enjoyment .......................................................................................................................................... <br />.............................14 <br />Section4.5. Title .................................................................................................................................................................... <br />.............................14 <br />Section 4.6. Release of Excess Property ...................................................................................................................... <br />.............................15 <br />Section4.7. Substitution of Property ........................................................................................................................... <br />.............................15 <br />ARTICLE V <br />MAINTENANCE; TAXES; INSURANCE; AND OTHER MATTERS <br />Section 5.1. Maintenance, Utilities, Taxes and Assessments .......................................................................... <br />.............................17 <br />Section5.2. Modification of Property .......................................................................................................................... <br />.............................17 <br />Section5.3. Public Liability Insurance ....................................................................................................................... <br />.............................17 <br />Section54. Casualty Insurance ..................................................................................................................................... <br />.............................18 <br />Section 5.5. Rental Interruption Insurance .............................................................................................................. <br />.............................18 <br />Section 5.6. Worker's Compensation Insurance ................................................................................................... <br />.............................18 <br />Section 5.7. Recordation Hereof; Title Insurance .................................................................................................. <br />.............................18 <br />Section 5.8. Insurance Net Proceeds; Form of Policies ........................................................................................ <br />.............................19 <br />Section 5.9. Installation of City's Personal Property ........................................................................................... <br />.............................19 <br />Section5.10. Liens ................................................................................................................................................................. <br />.............................19 <br />Section5.11. Advances ....................................................................................................................................................... <br />.............................19 <br />Section 5.12. Environmental Covenants ................................................................................................................... <br />.............................19 <br />Section 5.13. City Consents to Assignment Agreements ................................................................................. <br />.............................20 <br />ARTICLE VI <br />EMINENT DOMAIN; USE OF NET PROCEEDS <br />Section6.1. Eminent Domain ................................................................................. ............................... <br />Section 6.2. Application of Net Proceeds ........................................................... ............................... <br />Section 63. Abatement of Lease Payments in the Event of Damage or Destruction <br />ARTICLE VII <br />OTHER COVENANTS OF THE CITY <br />Section 7.1. Disclaimer of Warranties ......................................................................................................................... .............................24 <br />-i- <br />
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