LAFCO Sample Clauses
The LAFCO clause refers to provisions involving the Local Agency Formation Commission, a regulatory body in California responsible for overseeing the formation and boundary changes of local government agencies such as cities and special districts. In practice, this clause typically outlines the requirement for obtaining LAFCO approval before proceeding with actions like annexations, detachments, or consolidations of territory. By specifying the need for LAFCO involvement, the clause ensures that any changes to local government boundaries are conducted in accordance with state law, thereby promoting orderly development and preventing jurisdictional conflicts.
LAFCO. This agreement shall not be effective until Sonoma County LAFCO has reviewed and approved it and this Agreement has been recorded with the Sonoma County Recorder’s Office.
LAFCO. Notwithstanding subsection 3(a) above, this Agreement shall not become effective unless and until City’s Out of Agency Service Review is duly approved by the Yolo Local Agency Formation Commission (“LAFCo”).
LAFCO. Seller hereby advises Buyer that as of the Restated Effective Date, Seller has noticed for public hearing an action for Anaheim City Council approval of the filing with the Orange County Local Area Formation Commission (“LAFCO”) of a petition in the form of Exhibit “V” attached hereto (the “Annexation Petition”) to annex to the City of Anaheim and detach from the City of Orange that certain area located within the Real Property, as shown on the Annexation Petition, with all of the Real Property so annexed to be General Planned and zoned in all respects the same as the remainder of the Real Property is zoned, and subject in all respects to the DDA in the same manner as the remainder of the Real Property. Seller shall use commercially reasonable efforts, at Seller’s sole cost, to (i) cause LAFCO to take action on Seller’s Annexation Petition as soon as reasonably practicable, and (ii) provided such annexation is completed prior to Closing, cause the Title Company to change the legal description in the Title Policy to confirm that all of the Real Property is located within the boundaries of the City of Anaheim. Without limiting the generality of the foregoing, such change to the legal description in the Title Policy shall be a condition precedent to Buyer’s obligation to buy the Property.
LAFCO. Upon the occurrence of a default by County, LAFCO may (i) terminate this lease by giving written notice to County and quit the Premises without further cost or obligation to LAFCO, or (ii) proceed to repair or correct the failure and, at LAFCO’s option, either deduct the cost thereof from Rent due to County, or invoice County for the cost of repair, which invoice County shall pay promptly upon receipt.
LAFCO i. LAFCO’s failure to pay Rent within ten business days after receipt of a written notice of failure (a “Notice”) from County to LAFCO; provided, however, that LAFCO will have additional time if its failure to pay Rent is due to circumstances beyond its reasonable control, including, without limitation, failure of the LAFCO’s Commission to adopt a budget. In no event may such additional time exceed seventy-five days from receipt of a Notice.
ii. LAFCO’s failure to comply with any other material term or provision of this lease if such failure is not remedied within thirty days after receipt of a Notice from County to LAFCO specifying the nature of the breach in reasonably sufficient detail; provided, however, if such default cannot reasonably be remedied within such thirty day period, then a default will not be deemed to occur until the occurrence of LAFCO’s failure to comply within the period of time that may be reasonably required to remedy the default, up to an aggregate of ninety days, provided LAFCO commences curing such default within thirty days and thereafter diligently proceeds to cure such default.
LAFCO. LAFCO shall defend, indemnify and hold County harmless from LAFCO’s share of any and all claims, costs and liability for any damage, injury or death of or to any person or the property of any person, including attorneys’ fees, caused by the willful misconduct or the negligent acts, errors, or omissions of LAFCO, its officers, agents or employees in using the Premises pursuant to this lease.