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<br />prior negotiations, representations, or agreements, either written or oral. <br /> <br />25. Time of the Essence. Time is of the essence in the performance of each Party's respective obligations under <br />this Agreement. <br /> <br />26. Parties to Bear Their Own Costs. Except as specifically set forth in this Agreement, the Parties shall each <br />bear their own costs, including, without limitation, attorneys' and consultants' fees, incurred in connection with <br />any negotiations, strategic planning, analysis and due diligence relating to this Agreement. <br /> <br />27. Effective Date. This Agreement must be executed by both Parties and approved or ratified by the City's City <br />Council and the District's Board of Trustees. This Agreement shall be effective upon the latter date of approval <br />of either the City Councilor the Board of Trustees. <br /> <br />28. Terms ReQuired Based on Proposition 84 Fundinl!. The follo~ng terms are made a part of this Agreement, <br />as required by the Parties participation in and use of funds from the Prop. 84 grant program. <br /> <br />A. Project Administration. <br /> <br />1. District shall comply with all applicable current laws and regulations affecting acquisition and <br />development projects, including but not limited to, legal requirements for construction contracts, <br />building codes, health and safety codes, and laws and codes pertaining to individuals with disabilities, <br />including by not limited to the Americans With Disabilities Act of 1990 (42 U.S.C.9 12101 et. seq.) <br />and the California Unruh Act (California Civil Code 951 et. seq.) <br /> <br />2. The California Department of Parks and Recreation (hereinafter "DPR") and/or City shall have the <br />right to inspect all property or facilities developed or constructed with Prop. 84 grant funding. District <br />shall make said property available for inspection upon 24-hour notice from DPR or City. <br /> <br />3. District agrees that final payment may not be made until the work required to complete the Facilities, <br />as described in City's Grant Application, is complete. <br /> <br />B. Project Termination. Because the benefit to be derived by the City from the full compliance by the <br />District with the terms of this Agreement, is the preservation, protection and net increase in the quantity <br />and quality of parks, public recreation facilities, opportunities and/or historical resources available to the <br />people of the State of California and because such benefit exceeds to an immeasurable and <br />unascertainable extent, the amount of money furnished through Prop. 84 grant monies under the <br />provisions of this Agreement, the District agrees that payment by the District to the State and/or City of <br />an amount equal to the amount ofthe Grant Monies disbursed under this Agreement by the City would <br />be inadequate compensation for any breach by the District of this Agreement. The District further agrees <br />therefore, that in addition to compensatory damages, the appropriate remedy in the event of a breach of <br />this Agreement by the District shall be the specific performance of this Agreement, unless otherwise <br />agreed to by the City or unless prohibited by applicable law. <br /> <br />C. Budget Contingency Termination or Revision Clause. If Prop. 84 funding for the Facilities is reduced <br />or deleted by the State of California, the City shall immediately provide notice to the District and shall <br />have the option to either cancel this contract with no liability occurring to the City, provide an alternative <br />funding source for construction of the Facilities or offer a contract amendment to District to reflect a <br />reduced grant amount provided by the DPR. This reduction shall not require mutual agreement of the <br />parties. <br /> <br />29. Financial Records. <br /> <br />1. The District shall maintain satisfactory financial accounts, documents and records for the project and <br />make them available to the DPR and/or City for auditing at reasonable times. The District also agrees <br />to retain such financial accounts, documents and records for five years following project termination or <br />final payment, whichever is later. <br /> <br />Construction Reimbursement Agreement - City of Santa Ana/SAUSD - Willard Facilities <br /> <br />Page 5 <br /> <br />:. <br />