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B. Construct, rehabilitate, and maintain the Property in compliance with all <br /> applicable federal, state, and local laws, ordinances, and codes. <br /> C. Maintain the Property in a safe, sanitary, and good condition, and not allow it <br /> to become a nuisance or code violation. Owner shall promptly comply with <br /> and fully abate any nuisance or code violation cited by the City within the <br /> timeframe specified in any applicable notice, citation, or enforcement action. <br /> D. Owner shall ensure that the Property maintains a minimum occupancy rate of <br /> eleven(11) dwelling units subject to active, executed lease agreements, during <br /> the tax abatement period. <br /> E. Provide periodic occupancy verification upon reasonable request by the City <br /> during the term of this Agreement. <br /> 8. If the Developer fails to complete the Project and obtain a Certificate of Occupancy <br /> within two(2)years of execution of this Agreement, or fails to maintain compliance <br /> with applicable laws or the terms of this Agreement, the City may, upon written <br /> notice, terminate this Agreement, and the tax abatement shall not take effect or shall <br /> cease, as applicable. In addition, in the event of such default, the Developer shall <br /> reimburse the City for any abated real estate taxes previously received pursuant to <br /> this Agreement. <br /> 9. This Agreement applies only to the City of Decatur's portion of real estate taxes. All <br /> other taxes, including but not limited to county, school district, and other taxing <br /> bodies, shall remain the responsibility of the Developer. <br /> 10. Developer shall not assign or transfer this Agreement without prior written consent of <br /> the City, which shall not be unreasonably withheld. <br /> 11. Notice given or required in this Agreement, or any addendum must be given in <br /> writing in one of the following forms: <br /> A. By certified mail, return receipt requested, properly addressed and all charges <br /> prepaid; or <br /> B. By express delivery with charges prepaid and addressed to the appropriate <br /> party at the address set forth below. <br /> All notices shall be deemed to have been received on the date of personal service or on <br /> the 3rd day following date postmarked. Notice must be served upon or addressed to the <br /> addresses listed below unless otherwise agreed to in writing. Notice by any other means <br /> is not valid. <br />