Laserfiche WebLink
c� / <br />If for any reason the payment of grant fimds is suspended or terminated, the <br />LCEDC agrees to promptly remit to the CITY all payments previously received by <br />the LCEDC which the CITY deems to have been paid and received in violation of <br />this Agreement. <br />(7) If for any reason the project as described in Exhibits `B" and `'D" shall not satisfy <br />the minimum conditions as set forth in those exhibits, then LCEDC shall reduce the amount of <br />the grant to the COMPANY in the manner set out in the Agreement Between the Company and <br />the LCEDC. <br />(8) Any and all alterations in the restrictions and conditions upon the grant of funds <br />herein or alterations in the amount of this Budget attached hereto shall be subject to prior review <br />and written approval by the CITY. <br />(9) This Agreement and the grant funds which are the subject of this Agreement are <br />expressly non - assignable without the prior written consent and approval of the CITY. <br />(10) Non- expendable property purchased under this Agreement shall remain the <br />property of the LCEDC, unless the attached conditions or Budget provide that such property shall <br />become the property of the CITY. <br />(11) The attached Exhibits are: <br />a) The Budget; <br />b) Purposes and /or Restrictions /Conditions (including Exhibit D); and <br />C) Report Requirements. <br />With the exception of the amount of the Budget and item (I 1)(b), the City <br />Manager is authorized to approve the Exhibits to the Agreement to the extent not <br />prescribed in the grant appropriation. <br />IN WITNESS WHEREOF, the CITY has caused this Agreement to be duly <br />executed in its behalf, and the LCEDC has caused the same to be duly executed in its behalf as of <br />the date first above written. <br />20 of 29 <br />