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Book: 4362 Page: 142 <br /> TABLE OF <br /> CONTENTS <br /> Page <br /> 6.2 Conditions Precedent to Public Investment.............................................................................9 <br /> ARTICLE VII: OPERATION OF THE PROJECT.................................................................9 <br /> 7.1 Operation and Maintenance of the Project..............................................................................9 <br /> ARTICLE VIII: REDEVELOPER COVENANTS AND RESTRICTIONS..........................9 <br /> 8.1 Project Subject to Redevelopment Plan and Agreement........................................................9 <br /> 8.2 Non-discrimination...................................................................................................................10 <br /> 8.3 Property Taxes..........................................................................................................................10 <br /> 8.4 Duration of Covenants.............................................................................................................11 <br /> 8.5 Covenants Running with the Land.........................................................................................11 <br /> 8.6 Covenants Binding for the Benefit of City.............................................................................11 <br /> 8.7 Forms of Covenants and Restrictions.....................................................................................11 <br /> ARTICLE IX: INDEMNIFICATION...................................................................................... 11 <br /> 9.1 Redeveloper Indemnification of the City................................................................................11 <br /> 9.2 City Indemnification of the Redeveloper................................................................................12 <br /> ARTICLE X: PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER................. 13 <br /> 10.1 Prohibition Against Transfer of Project and Project Site Prior to Completion of <br /> Construction..............................................................................................................................13 <br /> 10.1.1 Prohibitions.........................................................................................................................................13 <br /> 10.1.2 Conditions for Approval....................................................................................................................13 <br /> 10.2 Transfer of Project After Completion of Construction.........................................................15 <br /> 10.3 Status of Assignee.....................................................................................................................15 <br /> 10.4 Assignment to Affiliated Entity...............................................................................................15 <br /> 10.5 No Release of Redeveloper.......................................................................................................15 <br /> ARTICLE XI: DEFAULT AND REMEDIES......................................................................... 16 <br /> 11.1 Events of Default.......................................................................................................................16 <br /> 11.1.1 Misrepresentation...............................................................................................................................16 <br /> 11.1.2 Breach..................................................................................................................................................16 <br /> 11.2 Remedies Upon Default............................................................................................................16 <br /> 11.3 Other Rights and Remedies of City and Redeveloper: Delay in Performance Waiver......16 <br /> 11.3.1 No Waiver by Delay...........................................................................................................................16 <br /> 11.3.2 Rights and Remedies Cumulative.....................................................................................................17 <br /> 11.3.3 Delay in Performance.........................................................................................................................17 <br /> ARTICLE XII: TERMINATION OF AGREEMENT............................................................ 18 <br /> 12.1 Termination by the City...........................................................................................................18 <br /> 12.2 Termination by the Redeveloper.............................................................................................18 <br /> ARTICLE XIII: EQUAL EMPLOYMENT OPPORTUNITY.............................................. 18 <br /> City of Decatur/Grand Avenue TIF Project ii <br />