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Item 17 - Newport Bay Watershed Cooperative Agreement
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Item 17 - Newport Bay Watershed Cooperative Agreement
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8/11/2023 9:41:52 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
17
Date
2/21/2023
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Agreement No. MA-080-23010376 <br /> <br />Page 8 of 23 <br />Final for Approval <br /> Section 12. LIABILITY. It is mutually understood and agreed that, merely by the virtue of <br />entering into this Agreement, each Party neither relinquishes any rights nor assumes any liabilities for its <br />own actions or the actions of other Parties. It is the intent of the Parties that the rights and liabilities of <br />each Party shall remain the same, while this Agreement is in force, as it was before this Agreement was <br />made, except as otherwise specifically provided in this Agreement. <br /> Section 13. TERMINATION. Any Party wishing to terminate its participation in this Agreement <br />shall so notify all other Parties in writing by March 1 of any year. Such termination shall be effective the <br />following June 30. The terminating Party shall be responsible for financial obligations hereunder to the <br />extent incurred in accordance with this Agreement by the Party prior to the effective date of termination. <br />The balance of the Parties may continue in the performance of the terms and conditions of this <br />Agreement with a proportionate reallocation of the terminating Party’s cost share in Exhibit A among the <br />remaining Parties. <br /> Section 14. AVAILABILITY OF FUNDS. The obligation of each Party is subject to the availability <br />of funds appropriated for this purpose, and nothing herein shall be construed as obligating the Parties to <br />expend or as involving the Parties in any contract or other obligation for the future payment of money in <br />excess of appropriations authorized by law. <br />Section 15. NO THIRD-PARTY BENEFICIARIES. Nothing expressed or mentioned in this <br />Agreement is intended or shall be construed to give any person (except the Parties hereto and any entity <br />in which a Party has a legal interest (such as, but not limited to, a limited liability membership interest or <br />a partnership interest), and any permitted successors or assigns of a Party) any legal or equitable right, <br />remedy or claim under or in respect of this Agreement or any provisions herein contained. This <br />Agreement and any conditions and provisions hereof is intended to be and is for the sole and exclusive <br />benefit of the Parties and the entities in which they have a legal interest and their successors or assigns <br />and for the benefit of no other person, agency or entity. <br /> Section 16. REFERENCE TO CALENDAR DAYS. Any reference to the word “day” or “days” <br />herein shall mean calendar day or calendar days, respectively, unless otherwise expressly provided.
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