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R2003-146 AUTHORIZING FIRST AMENDMENT
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R2003-146 AUTHORIZING FIRST AMENDMENT
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1/12/2016 11:34:50 AM
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1/12/2016 11:34:40 AM
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Resolution/Ordinance
Res Ord Num
R2003-146
Res Ord Title
AUTHORIZING FIRST AMENDMENT TO PURCHASE AGREEMENT - TARGET CORPORATION
Approved Date
9/29/2003
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1.5 Constant Dollars "Constant Dollars" shall mean the value of the U.S. dollar <br /> to which such phrase refers, as adjusted from time to time. An adjustment shall occur on the lst <br /> day of June of the sixth (6th) full calendar year following the date of this OEA, and thereafter at <br /> five (5) year intervals. Constant Dollars shall be determined by multiplying the dollar amount to <br /> be adjusted by a fraction, the numerator of which is the Current Index Number and the <br /> denominator of which is the Base Index Number. The "Base Index Number" shall be the level of <br /> the Index for the year this OEA commences; the "Current Index Number" shall be the level of <br /> the Index for the year preceding the adjustment year�, the "Index" shall be the Consumer Price <br /> Index for All Urban Consumers, published by the Bureau of Labor Statistics of the United States <br /> Department of Labor for U.S. City Average, All Items (1996=100), or any successor index <br /> thereto as hereinafter provided. If publication of the Index is discontinued, or if the basis of <br /> calculating the Index is materially changed, then the Approving Parties shall substitute for the <br /> Index comparable statistics as computed by an agency of the United States Government or, if <br /> none, by a substantial and responsible periodical or publication of recognized authority most <br /> closely approximating the result which would have been achieved by the Index. <br /> 1.6 Floor Area <br /> (A) "Floor Area" shall mean the aggregate of the actual number of square feet <br /> of space (i) contained on each floor within a Building, including any mezzanine or basement <br /> space, as measured from the exterior faces of the exterior walls or store front and/or the center <br /> line of any common walls; (ii) within an Outside Sales Area in excess of exceeding fifteen <br /> thousand (15,000) square feet; and (iii) used for outdoor seating for customers of Restaurants <br /> and/or other food service businesses. Floor Area shall not include space attributable to any <br /> multi-deck, platform, rack or other multi-level system used solely for the storage of inerchandise <br /> which is located above ground floor, nor any space used solely for Building utilities or <br /> mechanical equipment. Within thirty (30) days after receipt of a request therefor, a Party shall <br /> certify to the requesting Party the amount of Floor Area applicable to such Party's Tract. If any <br /> Party causes an as-built survey to be prepared with respect to any portion of the Development, <br /> such Party shall furnish a copy of such survey to the other Parties for informational purposes <br /> only. <br /> (B) During any period of rebuilding, repairing, replacement or reconstruction <br /> of a Building, the Floor Area previously attributable to that Tract shall be deemed to be the same <br /> as existed immediately prior to such period. Upon completion of such rebuilding, repairing, <br /> 3 <br /> #592904 v5-OEA-Decatur <br /> 9/I9/2003 <br />
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