In those instances when the Village will be cooperating with the Tecumseh Land Trust or other entity in the acquisition, protection and sale of property, the Village shall first negotiate and approve a memorandum of understanding with such entity stipulating the roles and responsibilities of each party in this particular transaction. This memorandum of understanding shall be based upon the model memorandum attached to original Ordinance 92-8 as exhibit B and incorporated herein by reference.
(Ord. 92-8. Passed 5-4-92.)