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Item 21 - Amendment to the Agreement with Bernards Bros, Inc.
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05/05/2026 Regular, HA
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Item 21 - Amendment to the Agreement with Bernards Bros, Inc.
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4/29/2026 12:08:54 PM
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City Clerk
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Public Works
Item #
21
Date
5/5/2026
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10.2.1 Permitted Delay. As used herein, the term "Permitted Delay" shall refer to any delay <br /> resulting from acts of God; fire; earthquake; flood; explosion; action of the elements; war; invasion; <br /> insurrection; riot; mob violence; sabotage; malicious mischief; inability (notwithstanding good <br /> faith and diligent efforts) to procure (or general shortage of) labor, equipment, facilities, materials, <br /> or supplies in the open market; failure of transportation; strikes (other than any strike resulting from <br /> acts of Grantee); lockouts; action of labor unions; condemnation laws; requisition or order of <br /> government or civil or military or naval authorities; or any other similar cause to those stated <br /> above, not within a Buyer's reasonable control. Notwithstanding anything to the contrary <br /> contained herein, in no event shall financial inability constitute Permitted Delay. <br /> 10.3 Remedies. Upon the occurrence of any Event of Default by a <br /> Defaulting Party, the non-Defaulting Party shall have such rights or remedies <br /> available to it under this Agreement or at law or in equity. <br /> 11. Casualty Loss, Condemnation. <br /> 11.1 Notice Re: Condemnation or Casualty; Election. In the event that,prior to <br /> the Closing, all or any portion of the Property is taken or proposed to be taken as a result of the <br /> exercise or proposed exercise of the power of eminent domain (a "Condemnation Action"), or <br /> all or any portion of the Property is damaged by earthquake, flood or fire (a "Casualty"), then <br /> the County shall, within ten (10) days thereafter, give written notice of such Condemnation <br /> Action or Casualty to the other Party ("Noticed Party"). Such Noticed Party shall have thirty <br /> (30) days following receipt of such notice to elect in writing to accept or not to accept the County <br /> Property or City Property, as the case may be, subject to such Casualty or Condemnation Action. <br /> Failure of a Noticed Party to notify the other Party of its election within such thirty (30) day <br /> period shall be deemed an election not to accept the County Property or City Property, as the <br /> case may be, subject to such Casualty or Condemnation Action. <br /> 11.2 Termination of Agreement. In the event that the City elects not to accept <br /> the Property, subject to such Casualty or Condemnation Action as provided in Section 11.1 <br /> above, the City shall cancel the Closing by written notice to the County, and this Agreement <br /> shall be deemed to be terminated (with the exception of those provisions which expressly state <br /> that they are to survive such termination). In such event, neither Party shall be obligated to the <br /> other to effectuate the Closing. <br /> 11.3 Proceeds of Condemnation or Casualty_ Insurance. In the event that the <br /> City elects to accept the Property, subject to a Casualty or Condemnation Action pursuant to <br /> Section 11.1 above, then the County shall assign to the City all rights, causes of action, claims, <br /> benefits, payments and awards arising from such Condemnation Action or Casualty (including, <br /> without limitation, any amount due from or paid by any insurance company or any other party as <br /> a result of the damage). <br /> 12. Possession. Possession of the Property shall be delivered to City upon the <br /> Closing, subject only to the Permitted Exceptions. <br /> 13. Brokerage Commissions. Each Party warrants and represents to the other that no <br /> broker, finder or other intermediary hired or employed by it is entitled to a commission, finder's <br /> 10 <br /> Project Name:County of Orange/Santa Ana Plaza of the Fountains Property Transfer <br />
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