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O-2008-3068 Assessments against Section One properties within the City of La Porte Lakes at Fairmont Greens
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O-2008-3068 Assessments against Section One properties within the City of La Porte Lakes at Fairmont Greens
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Last modified
11/2/2016 3:39:25 PM
Creation date
4/9/2008 5:34:33 PM
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Legislative Records
Legislative Type
Ordinance
Date
3/10/2008
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<br />XVI. <br /> <br />Information <br /> <br />The Authority shall, at such times and in such form as City may reqUire, furnish periodic <br /> <br /> <br />information concerning the status of the Authority, the PID, and the performance of its <br /> <br /> <br />obligations under the Agreement, and such other statements," certificates and approvals relative to <br /> <br /> <br />the Authority and the PID as may be requested by the City.. <br /> <br />XVII. . <br /> <br />Borrowine <br /> <br /> <br />To the extent permitted by law, the Authority shall have the authoritY to borrow money <br /> <br /> <br />and to pledge or assign the money it will receive under this Agreement to secure any such <br /> <br /> <br />borrowing. The City consents to the assignment and pledge of the money it win receive under <br /> <br />this Agreement if the Authority Board and the Planning Director consent to the assignment and <br /> <br /> <br />pledge and approve the terms and conditions of the instruments assigning or pledging the <br /> <br />. proceeds to.be received by the Authority pursuant to this Agreement. <br /> <br />XVID. <br /> <br />Coordination with City Officials <br /> <br /> <br />Authority win coordinate its activities with the City Departments involved or providing <br /> <br />services to the PID including, but not limited to: <br /> <br /> <br />A. Planning Department <br /> <br /> <br />B. Public Works Department <br /> <br /> <br />C.. Parks and Recreation Department <br /> <br />D. Police Department <br /> <br />E. Fire Department <br /> <br />22 <br /> <br />HOU:2680299.1 <br />
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