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AG 2005 02 21
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AG 2005 02 21
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Last modified
3/3/2006 8:34:38 AM
Creation date
11/27/2017 11:34:49 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
2/21/2005
Board
Board of Commissioners
Meeting Type
Regular
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<br />(2) Cabarrus County does not waive any claim of defect in performance by <br />Developer, if on periodic review Cabarrus County does not propose to modify or <br />terminate this Agreement. <br /> <br />(3) Non-performance shall nO.t be excused because of a failure of a third <br />person. <br /> <br />(4) Adoption ofa law or other governmental activity making performance by <br />the applicant unprofitable or more difficult or more expensive does not excuse <br />the performance of the obligations by the Developer hereunder. <br /> <br />(5) All o.ther remedies at law or in equity which are not inconsistent with <br />the provisions of this Agreement or are available to the parties to pursue in <br />the event there .is a breach, may be pursued by the applicable party. <br /> <br />5.1.3 Damages Upon Termination, In no event shall Developer be entitled to any <br />damages against Cabarrus County upon.terminationof this Agreement. <br /> <br />.5.14 Institution of Legal Action. In addition to any other rights or <br />remedies, either party may institute legal action to cure, correct, or remedy <br />any default or breach, to specifically enforce any covenants or agreements set <br />forth in the Agreement or to enjoin any threatened or attempted violation of <br />the Agreement; or to obtain any remedies consistent with the purpose of the <br />Agreement. Legal actions shall be instituted in the Superior Court of the <br />County of Cabarrus, State of N.C., or in the Federal District Court in the <br />Middle District, .and the parties hereto submit to the personal jurisdiction of <br />such courts without application of any conflicts of laws provisions of any <br />jurisdiction. <br /> <br />IN WITNESS WHERBOP, this Agreement has been executed by Cabarrus County, acting <br />by and through its Commerce Department, pursuant the approval of the'agreement <br />by the Cabarrus County Board of Commissioners, authorizing such execution, and <br />by a duly authorized representative of Developer. <br /> <br />Dated this <br /> <br /> <br />,20.05. <br /> <br />CABARRUS COUNTY, North.Carolina <br /> <br />By: <br /> <br />Authorized Signature for Cabarrus County <br /> <br />DZVELOPBlh Pioneer Mill (Charlotte) AIPrv. L.L.P. <br /> <br />By: <br /> <br />Authorized Signature of the Developer <br /> <br />[Attach notarized certificate of Developer'S executing party's authority to <br />. execute] <br /> <br />North Carolina <br /> <br />County <br /> <br />I, , a Notary Public <br />do hereby certify that <br />day and aCknowledged "that he is <br />acknowledged, on behalf of <br />foregoing inst~ment. <br /> <br />for the said County and State, <br />personally came before me this <br />of and <br />, the due execution of the <br /> <br />Witness my hand and official seal, this the <br />, 2005. <br /> <br />day of <br /> <br />(Official Seal) <br /> <br />Notary Public <br /> <br />My commission expires <br /> <br />,20_ <br /> <br />r;- -{p <br />
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