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10/09/85
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10/09/85
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Last modified
6/13/2025 11:42:55 AM
Creation date
7/26/2004 1:14:11 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Economic Development Commission
Document Date
10/09/1985
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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br /> <br />-8- <br /> <br />failure specifying the provision of this Agreement which has not been complied <br />with. Payments required by this subparagraph shall accrue from the date on <br />which the submittal was to have been made or the work to have been completed. <br />Payments required by this subparagraph shall cease to accrue upon submission of <br />the required submittal to the Agency Director or upon completion of the required <br />work. The Company shall pay the required sum within thirty (30) days of receipt <br />of notification from the Agency Director that payment is due, The Company <br />retains the right to dispute the factual basis for the Agency Director's deter- <br /> <br /> nation that a submittal has not been made or that work has not been completed <br />'in a timely fashion. However, the Company waives any rights it may have to <br />challenge, on legal grounds, the requirements that it .pay a penalty pursuant to <br />this subparagraph. <br /> <br /> The Agency does not waive any of its rights to enforce this Agreement <br />or to seek redress for violations of this Agreement. However, upon tender of <br />~he required payment pursuant to this subparagraph for a violation of this <br />Agreement and acceptance thereof by the Agency, the Company shall not thereafter <br />be subject to any additional civil penalty for that violations which are the <br />subject of this Agreement. <br /> <br /> I. R~.view ,~,f Submittr~ls. The Agency Director shall review all submittals <br /> made ~y the Company as required by this Agreement and not} fy the Company in <br /> writing of the approval or disapproval of each submittal. The Agency and the <br /> Compa~)y shall ?rovide the opportunity to co~sult with each otqer during the <br /> revi,~..~ of submittals or modifications. ~n the event that a submittal is <br /> <br /> <br />
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