Common use of Approval by the City Clause in Contracts

Approval by the City. The Owners and the City acknowledge that this Agreement must be approved by formal actions of the legislative authority of the City as a condition for this Agreement to take effect. This Agreement takes effect upon such approval. Because this Agreement was approved by Ordinance No. on , 2021, this Agreement shall be effective immediately upon its execution.

Appears in 6 contracts

Samples: Community Reinvestment Area Agreement, Community Reinvestment Area Agreement, Community Reinvestment Area Agreement

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Approval by the City. The Owners Company and the City acknowledge that this Agreement must be approved by formal actions of the legislative authority of the City as a condition for this Agreement to take effect. This Agreement takes effect upon such approval. Because this Agreement was approved execution by Ordinance No. on the City, 2021, this Agreement shall be effective immediately upon its executionfollowing approval and authorization by the City Council.

Appears in 1 contract

Samples: Community Reinvestment Area Agreement

Approval by the City. The Owners OwnerCompanys and the City acknowledge that this Agreement must be approved by formal actions of the legislative authority of the City as a condition for this Agreement to take effect. This Agreement takes effect upon such approval. Because this Agreement was approved by Ordinance No. 2020-4401_________ on September 20_________, 2021, this Agreement shall be effective immediately upon its execution.

Appears in 1 contract

Samples: Assumption Agreement

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Approval by the City. The Owners and the City acknowledge that this Agreement must be approved by formal actions of the legislative authority of the City as a condition for this Agreement to take effect. This Agreement takes effect upon such approval. Because this Agreement was approved by Ordinance No. _________ on _________, 2021, this Agreement shall be effective immediately upon its execution.

Appears in 1 contract

Samples: Assumption Agreement

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