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JOINT POWERS AGMT/CITY/CRA/SAFA
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SANTA ANA FINANCING AUTHORITY
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JOINT POWERS AGMT/CITY/CRA/SAFA
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Last modified
1/3/2012 1:11:27 PM
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12/5/2007 2:35:00 PM
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-~ ~ <br />SECTION 14. SEVERABILITY <br />Should any part, term,,or provision of this Agreement be <br />decided by a court of com etent <br />p jurisdiction to be illegal or in <br />conflict with any law of the State of California, or otherwise be <br />rendered unenforceable or ineffectual _ thA ~~ai;~a;+-~~ „f +~,~ <br />remaining parts, terms or provisions hereof shall not be affected <br />thereby. <br />SECTION 15. SUCCESSORS; ASSIGNMENT <br />This Agreement shall be binding upon and shall inure to <br />the benefit of the successors of the parties. Except to the extent <br />expressly provided herein, neither party may assign any right or <br />obligation hereunder without the consent of the other. <br />SECTION 16. AMENDMENT OF AGREEMENT <br />This Agreement may be amended, and the Authority may be <br />terminated or its powers may be changed, restricted or eliminated <br />by supplemental agreement executed by the City and the Agency at <br />any time; provided, that such supplemental agreement shall be <br />subject to any obligations and restrictions contained in any Bonds <br />or documents related to any Bonds to which the Authority is a <br />party. <br />SECTION 17. FORM OF APPROVALS <br />Whenever an approval is required in this Agreement, <br />unless the context specifies otherwise, it shall be given, in the <br />case of the Agency, by resolution duly adopted by the members of <br />the Agency, and, in the case of the City, by resolution duly <br />adopted by the City Council of the City, and, in the case of the <br />• <br />LA1-45577.2 13 <br />
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