25E - AGMT - M2 FUNDING - Laserfiche WebLink

Home Browse Search

MASTER FUNDING AGREEMENT NO. C-1-2783 1 accounts, and other data and records of AGENCY for a period of four (4) years after final payment, or 2 completion of audit by the AUTHORITY, or after final payment of debt service where local fair share 3 revenues were pledged, whichever is longer. For purposes of audit, the date of completion of any 4 project funded through this Agreement shall be the date of AUTHORITY's payment of AGENCY's final 5 billing (so noted on the invoice) under this Agreement. AUTHORITY shall have the right to reproduce 6 any such books, records, and accounts. The above provision with respect to audits shall extend to 7 and/or be included in contracts with AGENCY's contractor(s). 8 ARTICLE 7. INDEMNIFICATION 9 A. AGENCY shall indemnify, defend and hold harmless AUTHORITY, its officers, directors, 10 employees and agents from and against any and all claims (including attorney's fees and reasonable 11 expenses for litigation or settlement) for any loss or damages, bodily injuries, including death, worker's 12 compensation subrogation claims, damage to or loss of use of property alleged to be caused by the 13 negligent acts, omissions or willful misconduct by AGENCY, its officers, directors, employees or agents 14 in connection with or arising out of the performance of this Agreement. 15 B. AUTHORITY shall indemnify, defend and hold harmless AGENCY, its officers, directors, 16 employees and agents from and against any and all claims (including attorney's fees and reasonable 17 expenses for litigation or settlement) for any loss or damages, bodily injuries, including death, worker's 18 compensation subrogation claims, damage to or loss of use of property alleged to be caused by the 19 negligent acts, omissions or willful misconduct by AUTHORITY, its officers, directors, employees or 20 agents in connection with or arising out of the performance of this Agreement. 21 C. The indemnification and defense obligations of this Agreement shall survive its 22 expiration or termination. 23 ARTICLE 8. ADDITIONAL PROVISIONS 24 A. Term of Agreement: This Agreement shall continue in full force and effect through final 25 acceptance of PROJECT by AUTHORITY, or until March 31, 2041 whichever is later. This Agreement 26 may be extended at the mutual consent of both parties Page 7 of 10 L:ICammUvlarvin\Cooperalive Agreements\CTFP Master Funding AgreementlAgreemeMslG1-2783 City of Santa Ana.docx 25E-9