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Agenda - Council - 12/12/2000
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Agenda - Council - 12/12/2000
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/12/2000
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following actions after the giving of thirty (30) days' written notice to the Developer, but only if <br />the Event of Default has not been cured within said thirty (30) days: <br /> <br />I <br />I <br /> <br />(a) The City may suspend its performan~c_e__under this Agreement until it .......... <br />receives assurances from the Developer, deemed adequate by the City, that the Developer · <br />will cure its default and continue its performance under this Agreement. <br /> · <br /> <br />(b) The City may cancel and rescind the A~eement. <br /> <br /> (c) The City may take any action, including legal or administrative action, in <br />law or equity, which may. appear necessary or desirable to enforce performance and <br />observance of any obligation, agreement, or covenant of the Developer under this <br />Agreement. <br /> <br /> Section 4.3. No Remedy Exclusive. No remedy herein conferred upon or reserved to the <br />City is intended to be exclusive of any other available remedy or remedies, but each and every <br />such remedy shall be cumulative and shall be in addition to every other remedy given under this <br />Agreement or now or hereafter existing at law or in equity or by statute. No delay or omission to <br />exercise any fight or power accruing upon any default shall impair any such fight or power or <br />shall be construed to be a waiver thereof, but any such fight and power may be exercised from <br />time to time and as often as may be deemed expedient. . .... ~ .............. <br /> <br /> Section 4.4. No Implied Waiver. In the event any agreement contained in this Agreement <br />should be breached by any party and thereafter waived by any other party, such waiver shall be <br />limited to the particular breach so waived and shall not be deemed to waive any other concurrent, <br />previous or subsequent breach hereunder. <br /> <br /> Section 4.5. A~eement to Pay Attorney's Fees and Expenses. Whenever any Event of <br />Default occurs and the City shall employ attorneys or incur other expenses for the collection of <br />payments due or to become due or for the enforcement or performance or observance of any <br />obligation or agreement on the part.of the Developer herein contained, the Developer agrees that <br />it shall, on demand therefor, pay to the City the reasonable fees of such attorneys and such other <br />expenses so incurred by the City. <br /> <br /> Section 4.6. Indemnification of City <br /> <br /> (1) The Developer releases from and covenants and agrees that the City, its governing <br />body members, officers, agents, including the independent contractors, consultants and legal <br />counsel, servants and employees thereof (hereinafter, for purposes of this Section, collectively <br />the "Indemnified Parties") shall not be liable for and agrees to indemnify and hold harmless the <br />Indemnified Parties against any loss or damage to property or any injury to or death of any <br />person occurring at or about or resulting from any defect in the 'Project, provided that the <br />foregoing indemnification shall not be effective .for any actions of the Indemnified Parties that <br />are not contemplated by this Agreement. <br /> <br />-186- <br /> <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />
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