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TABLE OF <br /> CONTENTS <br /> Page <br /> 7.3 Property Taxes............................................................................................................................9 <br /> 7.4 Duration of Covenants...............................................................................................................9 <br /> 7.5 Covenants Running with the Land.........................................................................................10 <br /> 7.6 Covenants Binding for the Benefit of City.............................................................................10 <br /> 7.7 Forms of Covenants and Restrictions.....................................................................................10 <br /> ARTICLE Viii: INDEMNIFICATION...........................................................................................................10 <br /> 8.1 Redeveloper Indemnification of the City................................................................................10 <br /> 8.2 City Indemnification of the Redeveloper................................................................................l l <br /> ARTICLE IX: PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER......................................11 <br /> 9.1 Prohibition Against Transfer of Project and Project Site Prior to Completion of <br /> Construction..............................................................................................................................12 <br /> 9.1.1 Prohibitions........................................................•••..............................................................................12 <br /> 9.1Z Conditions for Approval....................................................................................................................12 <br /> 9.2 Transfer of Project After Completion of Construction.........................................................13 <br /> 9.3 Status of Assignee.....................................................................................................................14 <br /> 9.4 Assignment to Af�liated Entity...............................................................................................14 <br /> 9.5 No Release of Redeveloper.......................................................................................................14 <br /> ARTICLE X: DEFAULT AND REMEDIES.................................................................................................14 <br /> 10.1 Events of Default.......................................................................................................................14 <br /> 10.1.1 Misrepresentation.................................................................................................................................14 <br /> 10.1.2 Breach........................................................................................................................................14 <br /> 10.2 Remedies Upon Default............................................................................................................14 ; <br /> 10.3 Other Rights and Remedies of City and Redeveloper: .........................................................15 I <br /> 103.1 No Waiver by Delay.............................................................................................................................15 <br /> 10.3.2 Rights and Remedies Cumulative. .......................................................................................................15 <br /> 10.3.3 Delay in Performance...........................................................................................................................15 <br /> ARTICLE XI:TERMINATION OF AGREEMENT...................................................................................16 <br /> 11.1 Termination by the City...........................................................................................................16 <br /> 11.2 Termination by the Redeveloper.............................................................................................16 <br /> ARTICLE XII: EQUAL EMPLOYMENT OPPORTUNITY......................................................................16 <br /> 12.1 Non-Discrimination..................................................................................................................16 <br /> 12.2 Advertising................................................................................................................................16 <br /> ARTICLE XIii: REPRESENTATIONS OF THE REDEVELOPER..........................................................17 <br /> 13.1 O rgan ization..............................................................................................................................17 <br /> 13.2 Authorization............................................................................................................................17 <br /> 13.3 Non-Conflict or Breach............................................................................................................17 <br /> CITY OF DECATUR/FirsTech Red.Agreement ii <br />