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Item 14 - Real Property Purchase Agreement: 10th and Flower Park Project
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Item 14 - Real Property Purchase Agreement: 10th and Flower Park Project
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8/10/2023 5:11:17 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
14
Date
4/4/2023
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<br />provisions of this PSA shall be construed as to their fair meaning, and not for or against any party based upon <br />any attribution to such party as the source of the language in question. <br /> <br />26. No Third Party Beneficiary. This PSA is intended to benefit only the Parties hereto and no other <br />person or entity has or shall acquire any rights hereunder. <br /> <br />27. Duty To Cooperate Further. Each party hereby agrees that it shall, upon request of the other, execute <br />and deliver such further documents (in form and substance reasonably acceptable to the party to be charged) <br />and do such other acts and things as are reasonably necessary and appropriate to effectuate the terms and <br />conditions of this PSA, without cost. <br /> <br />28. Applicability of Agreement To Assignees. This PSA shall be binding upon and shall inure to the <br />benefit of the successors and assigns of the Parties to this PSA. <br /> <br />29. Authority to Execute Agreement. Each undersigned represents and warrants that its signature <br />herein below has the power, authority and right to bind their respective parties to each of the terms of this PSA, <br />and shall indemnify City fully, including reasonable costs and attorney’s fees, for any injuries or damages to City <br />in the event that such authority or power is not, in fact, held by the signatory or is withdrawn. <br /> <br />30. Incorporation of Exhibits. All Exhibits referenced herein and attached hereto shall be incorporated as <br />if fully set forth in the body of this PSA. <br /> <br /> <br />IN WITNESS WHEREOF, the Parties hereto have executed this PSA on the date and year first written <br />above. <br /> <br /> <br />[signature blocks appear on next page] <br />EXHIBIT 2
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