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25C - PURCHASE AGREEMENTS BRISTOL STREET CORRIDOR PROJECT 081700
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01/17/2012
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25C - PURCHASE AGREEMENTS BRISTOL STREET CORRIDOR PROJECT 081700
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Last modified
1/19/2012 10:25:49 AM
Creation date
1/12/2012 2:59:46 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25C
Date
1/17/2012
Destruction Year
2017
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> 16. Partial Invalidity. Any provision of this PSA that is unenforceable or invalid or the conclusion of <br /> which would adversely affect the validity, legality, or enforcement of this PSA shall have no effect, but all the <br /> remaining provisions of this PSA shall remain in full force. <br /> <br /> 17. Captions. Captions and headings in this PSA, including the title of this PSA, are for convenience <br /> only and are not to be considered in construing this PSA. <br /> 18. Governing Law. This PSA shall be governed by and construed in accordance with the laws of the <br /> State of California. <br /> <br /> 19. No Reliance By One Party On The Other. Each party has received independent legal advice from its <br /> attorneys with respect to the advisability of executing this PSA and the meaning of the provisions hereof. The <br /> provisions of this PSA shall be construed as to their fair meaning, and not for or against any party based upon <br /> any attribution to such party as the source of the language in question. <br /> 20. No Third Party Beneficiary. This PSA is intended to benefit only the Parties hereto and no other <br /> person or entity has or shall acquire any rights hereunder. <br /> <br /> 21. Duty To Cooperate Further. Each party hereby agrees that it shall, upon request of the other, execute <br /> and deliver such further documents (in form and substance reasonably acceptable to the party to be charged) <br /> and do such other acts and things as are reasonably necessary and appropriate to effectuate the terms and <br /> conditions of this PSA, without cost. <br /> <br /> 22. Applicability of Agreement To Assignees. This PSA shall be binding upon and shall inure to the <br /> benefit of the successors and assigns of the Parties to this PSA. <br /> 23. Authority to Execute Aareement. Each undersigned represents and warrants that its signature <br /> hereinbelow has the power, authority and right to bind their respective parties to each of the terms of this PSA, <br /> and shall indemnify City fully, including reasonable costs and attorney's fees, for any injuries or damages to City <br /> in the event that such authority or power is not, in fact, held by the signatory or is withdrawn. <br /> <br /> 24. Construction Contract and Curative Work. <br /> (a) It is understood and agreed by and between the parties hereto in addition to the compensation <br /> shown in Paragraph 2 hereinabove, the Buyer, its contractors or assigns, shall perform the following <br /> construction contract items at the time of the installation of the proposed project: <br /> <br /> i. brick retaining wall to be reconstructed by the project contractor <br /> <br /> (b) It is understood and agreed by and between the parties hereto that the compensation paid to Seller <br /> through this Agreement includes the value of the cost to remove, relocate, reconstruct and/or <br /> refurbish the following improvements located on the Property: <br /> i. reconstruct brick planter border <br /> <br /> ii. reconstruct block wall <br /> <br /> rework landscaping <br /> <br /> 25. Incorporation of Exhibits. All Exhibits referenced herein and attached hereto shall be incorporated as <br /> if fully set forth in the body of this PSA. <br /> <br /> 25C-7 <br />
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