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CA STATEWIDE COM. DEV. AUTH. 2-1988
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CA STATEWIDE COM. DEV. AUTH. 2-1988
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Last modified
1/3/2012 3:06:33 PM
Creation date
3/29/2005 7:57:21 AM
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Contracts
Company Name
California Statewide Communities Development Authority
Contract #
A-2005-031
Agency
Finance & Management Services
Council Approval Date
2/7/2005
Expiration Date
2/7/2045
Destruction Year
2050
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<br />Qu.lifying public agencies may be added as parties <br />to this Agreement and become Program Participants upon: (i) <br />the filing by such public agency of an executed counterpart of <br />this Agreement, together with a certified copy of the <br />resolution of the governing body of such public agency <br />approving this Agreement and the execution and delivery <br />hereof; and (ii) adoption of a resolution of the Commission <br />approving the addition of such public agency as a Program <br />Participant. Upon satisfaction of such conditions, the <br />Commission shall file such executed counterpart of this' <br />Agreement as an amendment hereto, effective upon such filing. <br /> <br />Section 14. <br /> <br />Indemnification. <br /> <br />To the full extent permitted by law, the Commission <br />may authorize indemnification by the Authority of any"person <br />who is or was a member or alternate member of' the Commission, <br />or an officer, employee or other agent of the Authority, and <br />who was or is. a party or is threatened to be made a party to a <br />proceeding by reason of the fact that such person is or was <br />such a member or alternate member of the Commission, or an <br />officer, employee or other agent of the Authority, against <br />expenses, judgments, fines, settlements and other amounts <br />actually and reasonably incurred in connection with such <br />proceeding, if such person acted in good faith and in a manner <br />such person reasonably believed to be in the best interests of <br />the Authority and, in the case of a criminal proceeding; had <br />no reasonable cause to believe the conduct of such person was <br />unlawful and, in the case of an action by or in the right of <br />the Authority, acted with such care, including reasonable <br />inquiry, as an ordinarily prudent person in a like position <br />would use under similar circumstances. <br /> <br />Section 15. Contributions and Advances. <br /> <br />Contributions or advances of public funds and of the <br />use of personnel, equipment or property may be made to the <br />Authority by the parties hereto for any of .the purp.oses of <br />this Agreement. Payment of pUblic funds may be made to defray <br />the cost of any such contribution. Any such advance may be <br />made subject to repayment, and in such case shall be repaid, <br />in the manner agreed upon by the Authority and the party <br />making such advance at the time of .such advance. <br /> <br />Section 16. <br /> <br />Inrnunlties. <br /> <br />All of the privileges and immunities from <br />liabilities, exemptions from laws, ordinances and rules., all <br />pension, relief, disability, workers' compensation, and other <br />benefits which apply to the activity of officers, agents or <br />employees of Program Participants when performing their <br /> <br />11 <br />
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