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1981-03-04 Regular Meeting
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1981-03-04 Regular Meeting
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
3/4/1981
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„~ • <br />• <br /> <br />• <br />Industrial District Agreement - 10 <br />VIII. <br />This Agreement shall inure to the benefit of and be binding upon <br />City and Company, and upon Company's successors and assigns, affili- <br />ates and subsidiaries, and shall remain in force whether Comoanv <br />sells, assigns, or in any other manner disposes of, either voluntar- <br />ily or by operation of law, all or any part of the property belonging <br />to it within the territory hereinabove described, and the agreements <br />herein contained shall be held to be covenants running with the land <br />owned by Company situated within said territory, for so long as this <br />• Agreement or any extension thereof remains in force. <br />I Y, o <br />If City enters into an Agreement ~•~ith other landowner with <br />respect to an industrial district or enters into a renewal oL- any <br />existing industrial district agreements after the effective date <br />hereof and while this Agreement is in effect, which contains terms <br />and provisions more favorable to the landowner than those in this <br />Agreement, Company and its assigns shall have the right to amend this <br />Agreement and City agrees to amend -same to embrace the more favorable <br />terms of such agreement or renewal agreement. <br />ENTERED INTO as of the 1st day of January, 1981. <br />LJ <br />UNION CARBIDE CORPORATION (COPIPANY) <br />Ry ~ ~ <br />~ , `~ ' <br />.'mac .~ ;~ 1~P <br />Jr,-~ <br />ATTEST; ~ <br />~ ti, LL/ <br />` S cretary <br />~~ <br />
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