PREDEVELOPMENT AGREEMENTS APRIL 3, 2012Predevelopment Agreement • September 12th, 2012
Contract Type FiledSeptember 12th, 2012The City shall fund 50% and the Kings and AEG shall each fund 25% of predevelopment expenses. The identification and schedule for pre-development expenses shall be determined in the pre-development agreement to be entered into by the parties by April 3, 2012. In the event the ESC is not developed for any reason other than the fault of AEG, the Kings shall reimburse AEG for its pre-development expense payments on a schedule to be determined.