Tribal Acquisition of Rights Sample Clauses

Tribal Acquisition of Rights. The Tribe may, prior to the effective date of this agreement, negotiate with the owners of the parcels identified in this Agreement and obtain options to purchase the lands, execute purchase and sale agreements, or purchase fee title to lands. After the effective date of this agreement and prior to the effective date of the Settlement Agreement, these options, purchase and sale agreements, or fee titles may be assigned or conveyed to the City, in exchange for the cost of obtaining them, which monies shall be paid from the accoungt established under Section 3.2 of the Settlement Agreement, subject to the provisions of Section 4.1.3. The City shall purchase the lands pursuant to the terms negotiated by the Tribe, using the funds available under this Agreement, pursuant to the provisions of Section 4.1.2, and subject to the provisions of Section 4.1.3. The lands will be held by the City until the effective date of the Settlement Agreement, at which time the City will begin the process of reconveying the lands pursuant to Section 3.3.3.
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