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a Default under this Agreement. COMPANY acknowledges and agrees that the <br /> Planning and Development Services Director has the right, in granting or <br /> withholding consent to any Transfer, to consider, among other things, the <br /> financial responsibility and business reputation of the proposed assignee or <br /> transferee (the foregoing herein collectively "Transferee"); and any other items <br /> that the COUNTY Planning and Development Services Director, in his sole <br /> discretion, deems appropriate. <br /> If COMPANY seeks the Planning and Development Services Director's consent for <br /> a Transfer, COMPANY shall submit to the Planning and Development Services <br /> Director a written request therefore, accompanied by the following <br /> documentation: (i) the name, address, and telephone number of the proposed <br /> Transferee; (ii) a description of the business and jobs, including wages, to be <br /> created in COUNTY; and (iii) a financial statement or other reasonably detailed <br /> financial information concerning the proposed Transferee. If the Planning and <br /> Development Services Director withholds the consent to Transfer, COMPANY may <br /> appeal to the County Administrator. If the County Administrator withholds the <br /> 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 <br /> the COUNTY's consent to any Transfer will not otherwise relieve COMPANY from <br /> any pre-existing obligation to COUNTY under this Agreement. <br /> 15. Conflict of Interest. COMPANY represents that it presently has no interest and <br /> shall acquire no interest, either direct or indirect, which would conflict in any <br /> manner with the performance of services required hereunder, as provided for in <br /> Florida Statutes Part III, Chapter 112. COMPANY further represents that no person <br /> having any interest shall be employed for said performance. <br /> 16. Notices. All notices required in this Agreement shall be sent by certified mail, <br /> return receipt requested, and if sent to COUNTY shall be mailed to: <br /> Planning and Development Services Director <br /> -9- <br />