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null and void and may, at the option of the County Community Development <br /> Director, be deemed a Default under this Agreement. COMPANY acknowledges <br /> and agrees that the Community Development Director has the right, in granting or <br /> withholding consent to any Transfer, to consider, among other things, the financial <br /> responsibility and business reputation of the proposed assignee or transferee (the <br /> foregoing herein collectively"Transferee"); and any other items that the COUNTY <br /> Community Development Director, in his sole discretion, deems appropriate. <br /> If COMPANY seeks the Community Development Director's consent for a Transfer, <br /> COMPANY shall submit to the Community Development Director a written request <br /> therefore,accompanied by the following documentation: (i)the name,address,and <br /> telephone number of the proposed Transferee; (ii)a description of the business and <br /> jobs, including wages, to be created in COUNTY; and (iii) a financial statement or <br /> other reasonably detailed financial information concerning the proposed Transferee. <br /> If the Community Development Director withholds the consent to Transfer, <br /> COMPANY may appeal to the County Administrator. If the County Administrator <br /> withholds the consent to Transfer, COMPANY may appeal to the Board of County <br /> Commissioners. COMPANY acknowledges and agrees that: (a) the County <br /> Administrator or his designee, or the Indian River County Board of County <br /> Commissioners, has the right to request any additional information deemed <br /> necessary to make the decision relating to consent to the Transfer; and (b) if <br /> appealed to the Board of County Commissioners such request for a Transfer is <br /> expressly subject to the approval of the Transfer by the Board of County <br /> Commissioners, and such Transfer shall become effective only when signed by the <br /> Transferee and approved by the Board, which consent shall not be unreasonably <br /> withheld. <br /> The foregoing covenant shall be binding on the permitted successors or assigns of <br /> COMPANY. The prohibition on Transfers shall not prohibit a change in the form in <br /> which COMPANY conducts business. COMPANY will be released from further <br /> liability under this Agreement in the event of an approved Transfer;provided that the <br /> COUNTY's consent to any Transfer will not otherwise relieve COMPANY from any <br /> pre-existing obligation to COUNTY under this Agreement. <br /> 15. Conflict of Interest. COMPANY represents that it presently has no interest and shall <br /> acquire no interest,either direct or indirect,which would conflict in any manner with <br /> the performance of services required hereunder, as provided for in Florida Statutes <br /> Part II1, Chapter 112. COMPANY further represents that no person having any <br /> interest shall be employed for said performance. <br /> 16. Notices. All notices required in this Agreement shall be sent by certified mail,return <br /> receipt requested and if sent to COUNTY shall be mailed to: <br /> Community Development Director <br /> Indian River County <br /> 1801 27`h Street <br /> Vero Beach, Florida 32960 <br /> -8- <br />