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FULL PACKET_2012-11-19
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FULL PACKET_2012-11-19
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4/6/2017 4:32:19 PM
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11/15/2012 6:14:03 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
11/19/2012
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service of a Three -Day Notice to correct the unsatisfactory <br />condition. <br />3. The happening of any act, which results in the suspension or <br />revocation of the rights, power, licenses, permits and authori <br />necessary for the conduct and operation of the Parking Facil <br />herein authorized. <br />4. The transfer of the interest of the Operator <br />by operation of law, or otherwise, to any o.' <br />corporation. <br />any attachment or execution, or the appointment of any <br />the execution f y other process of any court of <br />urisdiction which does or as a direct consequence of <br />s will interfere With the Operator's occupation of the <br />ilities and will interfere With its operations under this <br />and which attachment, execution, receivership, or <br />;s of -such court is not vacated, dismissed, or set aside <br />of <br />iod thirty (30) days. <br />The Operator shall become insolvent, or shall take the benefit of <br />any present or, future insolvency statute, or shall make a general <br />assignment for the benefit of creditors, or file a voluntary petition <br />in bankruptcy, or a petition or answer seeking an arrangement for <br />its reorganization, or the readjustment of its indebtedness under the <br />federal bankruptcy laws or under any other laws or statute of the <br />United States, or of any state law, or consent to the appointment of <br />a receiver, trustee or liquidator of all or substantially all of its <br />property. <br />By order or decree of a court the Operator shall be adjudged <br />bankrupt, or an order shall be made approving a petition filed by <br />23 <br />25D -53 <br />
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