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SA-3 - SA TAX ALLOCATION BONDS
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SA-3 - SA TAX ALLOCATION BONDS
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Last modified
8/16/2018 7:22:27 PM
Creation date
8/16/2018 7:21:39 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA-3
Date
8/21/2018
Destruction Year
2023
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Exhibit 1 <br />otherwise apply. <br />6.6 Integration: Amendment. It is understood that there are no oral agreements <br />between the parties hereto affecting this Agreement and this Agreement supersedes and cancels any <br />and all previous negotiations, arrangements, agreements and understandings, if any, between the <br />parties, and none shall be used to interpret this Agreement. This Agreement may be amended at <br />any time by the mutual consent of the parties by an instrument in writing. <br />6.7 Severability. In the event that part of this Agreement shall be declared invalid <br />or unenforceable by a valid judgment or decree of a court of competent jurisdiction, such invalidity <br />or unenforceability shall not affect any of the remaining portions of this Agreement which are hereby <br />declared as severable and shall be interpreted to carry out the intent of the parties hereunder <br />unless the invalid provision is so material that its invalidity deprives either party of the basic benefit <br />of their bargain or renders this Agreement meaningless. <br />6.8 Waiver. No delay or omission in the exercise of any right or remedy by a <br />non -defaulting party on any default shall impair such right or remedy or be construed as a waiver. <br />A party's consent to or approval of any act by the other party requiring the party's consent or <br />approval shall not be deemed to waive or render unnecessary the other party's consent to or approval <br />of any subsequent act. Any waiver by either party of any default must be in writing and shall not <br />be a waiver of any other default concerning the same or any other provision of this Agreement. <br />6.9 Attorneys' Fees. If either party to this Agreement is required to initiate or <br />defend or made a party to any action or proceeding in any way connected with this Agreement, the <br />prevailing party in such action or proceeding, in addition to any other relief which may be granted, <br />whether legal or equitable, shall be entitled to reasonable attorney's fees, whether or not the matter <br />proceeds tojudgment. <br />6.10 Corporate Authority. The persons executing this Agreement on behalf of the <br />parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly authorized <br />to execute and deliver this Agreement on behalf of said party, (iii) by so executing this Agreement, <br />such party is formally bound to the provisions of this Agreement, and (iv) the entering into this <br />Agreement does not violate anyprovision of any other Agreement to which said party is bound. <br />C <br />SA -3-10 <br />
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