Voter Approval. The Stadium will not be constructed unless and until the voters of the City approve a ballot measure endorsing the development of the Stadium consistent with the essential elements set forth in this Term Sheet.
Voter Approval. Seller placed a measure on the ballot for November 3, 2020, General Election submitting to the voters of the Seller in the County of Sonoma to seek approval of this Agreement, the transactions contemplated herein and other relevant matters. The parties shall each pay fifty percent (50%) of the election costs billed to the Seller by the County of Sonoma. Such payments shall be due within thirty (30) days of the invoice from the County of Sonoma. Seller, at its own expense and within the limitations and parameters imposed by any law, regulation, rule, ordinance, ruling, or decree that governs its political activities, including, without limitation, those limits and parameters that apply to Seller as a public entity, shall reasonably support the ballot measure and use reasonable efforts to obtain voter approval. Nothing in this Agreement shall require Seller, or any officer, director, board member, employee, agent, consultant, or representative of such party, to conduct any activity, take any action, or make or publish any statement or information with respect to the election, the ballot measure, or voter approval that subjects or could subject the party or any officer, director, board member, employee, agent, consultant, or representative of such party to any fine, charge, civil or criminal penalty, sanction, action, cause of action, damage, injunction, or proceeding under any law, regulation, rule, ordinance, ruling, or decree that governs Seller’s political activities.
Voter Approval. The obligations of the Seller and the Purchaser to consummate the Closing hereunder are contingent upon obtaining the minimum approval required by the qualified voters of the District of a proposition to authorize the conveyance to the Purchaser of the Premises on the terms specified herein ("Voter Approval"). The District agrees, in consultation and cooperation with Purchaser, to submit such proposition to the qualified voters of the District, on or about the date that is seven (7) months from the Contract Effective Date on a date mutually agreed upon by Purchaser and Seller in good faith, at a special meeting pursuant to the applicable statutes and publication requirements; provided, however, that Purchaser shall have the right, in its good faith discretion, to adjourn such public vote to a date no later than nine (9) months after the Contract Effective Date. The cost associated with this submission shall be borne by the Purchaser. The estimated cost of the special meeting is $15,000.00. However, pursuant to Executive Orders issued during the pandemic with respect to absentee ballots, Purchaser acknowledges that the costs could be greater. Purchaser covenants and agrees to spend and/or cause its affiliates to spend at least $50,000.00 in seeking Voter Approval, including but not limited to expenditures or community outreach, public relations, printing, advertising, etc. Prior to the referendum, the parties will cooperate in good faith to present the transaction to the voters at three public hearings. The Purchaser's principals and experts will appear at those hearings at no charge to the District to present details of the proposed Site Plan and to answer questions from the public. Should Voter Approval be denied, this Contract shall be deemed terminated and all obligations hereunder shall be null and void and the Initial Downpayment will be promptly refunded to the Purchaser. Notwithstanding the foregoing or anything to the contrary contained herein, Purchaser shall have the right to submit its change of zone application for the Premises prior to the occurrence of the special meeting contemplated in this Article IX, provided that no public hearings will be scheduled by the Purchaser until the Voter Approval is obtained. ARTICLEX APPROVALS
Voter Approval. (a) The Initial Signatories agree to submit ballot questions and/or ballot issues seeking voter approval of the establishment of the Authority herein at elections to be conducted on the 8th day of November, 2016 in accordance with the Act and other applicable law (the “Election”). Three separate ballot questions, which are hereafter referred to by the names indicated below and drafts of which are attached herein as Appendixes C-1 through C-4, shall be submitted to the registered electors of the following described areas within the boundaries of the Initial Signatories:
Voter Approval. The Parties anticipate that any such long-term regional funding method will require voter approval.
Voter Approval. (a) The Initial Signatories agree to submit Ballot Questions seeking voter approval of the establishment of the Authority; the baseline funding of the Authority in accordance with Article 7 and the exemption of certain Authority revenues from the revenue limitations of Article X, Section 20 of the Colorado Constitution (“TABOR”) at an election held on November 8, 2022, that is conducted in accordance with the Act and other applicable law. Eight separate questions, which are hereafter referred to by the names indicated below and drafts of which are attached of this Agreement as Appendixes B-1 through B-8, shall be submitted to the registered electors residing within the following described areas within the boundaries of the Initial Signatories:
Voter Approval. As a Condition Precedent to Construction Commencement, a majority of the voters of the City voting in the November 2, 2010 election must approve the question that will appear on the ballot asking the voters to allow the licensing of excursion gambling boats or floating facilities in the City. In the event a majority of the voters of the City voting in the election fail to approve the question, Developer may terminate this Agreement and abandon the Project. In addition, as a Condition Precedent to Continuation, if any future ballot measure, not in effect as of the Effective Date, is certified for election and such ballot measure jeopardizes Developer’s ability to construct and operate the Project, as determined by Developer in Developer’s sole and absolute discretion, Developer may terminate this Agreement and abandon the Project.
Voter Approval. The Parties agree that the City and/or the School District, as the case may be, shall seek voter approval of the following items related to the exchange of rights and interests in real property contemplated by this Agreement on November 6, 2018:
Voter Approval. The ordinance regarding the transactions provided for in this Agreement that shall have been presented to the voters at the October 2, 2018 regular election in accordance with Section 5-14 of the Borough Charter and shall have been ratified by an affirmative vote of the majority of qualified voters who vote on the question.
