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RIVER VIEW GOLF COMPANY - CONCESSION 1974
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RIVER VIEW GOLF COMPANY - CONCESSION 1974
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Last modified
10/21/2013 11:26:49 AM
Creation date
2/9/2010 12:26:22 PM
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Contracts
Company Name
RIVER VIEW GOLF (NOVEL JAMES)
Contract #
A-1974-11B
Agency
Community Development
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• <br /> <br />Said. plan of development shall describe all uses for <br />which the property is to be employed, a schedule of all <br />wor;cs of improvement, the dates of their commencement <br />and completion, a schedula of construe+_ior_ costs, cash <br />flofr projections, engineering dra~,aings and architectural <br />renderings, methods and amounts of financing, and addi- <br />tional interested parties in said project or any portion <br />thereof, if any. Said other recreational facilities or <br />other uses may include without limitation the continued <br />use of the existing driving range and the construction of <br />tennis courts. As a condition to its approval of any such <br />written plan of improvement, development and operations, <br />RIVER VIE~+1 may require evidence satisfactory to it alone of <br />sufficient financial resources to commence and complete said <br />development, including commitment letters and sums placed in <br />escrocv accounts . <br />The schedule of the improvements as described in ary such <br />plan of development and operation shall be approved by all re- <br />quired agencies and work thereon-shall be commenced within one <br />year following the date of notice of relocation; such deve- <br />lopment shall be continued and conducted pursuant to said <br />schedule and shall be completed ~~~ithin thirty-six (3~) months <br />following the date of notice of relocation. <br />(d) COAICESSIONAIRE may choose to to ~~inate this Agree- <br />ment, and in that event, the termination shall become effec- <br />tive upon the date fixed for relocation, and it shall be <br />deemed a termination by reason of the acts of RIVER VIE6^7. <br />32. LIQUIDATED DAP~.AGES <br />In the event of cancellation or termination o.f this <br />Agreement by reason of CONCESSION'1IRE's default hereunder, each <br />of the parties hereto acknowledges and agrees that it ti~~ould be <br />difficult, if not in.possible, to fix the damages owed to RI~,IER <br />_~-~_ <br />
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