County Notification. Polk County, as permitting authority for Lakeland Highlands Road and Winter Lake Road Extension, shall be notified by the City of each site plan submittal on Property. The City shall copy Developer on any notices regarding the Project provided to the County.
County Notification. Prior to the Property Reappraisal Date, COUNTY shall notify TENANT of the new Minimum Monthly Rent to be effective on the Property Reappraisal Date. The new Minimum Monthly Rent shall be based upon the Fair Market Rental determined in accordance with the Appraisal Procedure set forth above, provided, however, that the new Minimum Monthly Rent shall not be less than the Minimum Monthly Rent payable immediately prior to the Property Reappraisal Date. TENANT shall pay the new Minimum Monthly Rent commencing on the Property Reappraisal Date, unless and until changed by an amendment to this Lease or the Arbitrator's Decision (as defined and provided below). TENANT’s failure to timely pay the Minimum Monthly Rent shall waive TENANT's rights to object to the new Minimum Monthly Rent and elect arbitration. Further, TENANT’s failure to provide any of the notices or information set forth below in a timely manner shall waive TENANT’s rights under 3. TENANT’S Right to Object and Appraise the Premises. All time limits concerning TENANT’s obligations pursuant to this paragraph shall be strictly construed.
