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DEPOT AT SANTIAGO, LP - 2013
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DEPOT AT SANTIAGO, LP - 2013
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Last modified
6/9/2014 1:25:43 PM
Creation date
9/30/2013 10:28:15 AM
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Contracts
Company Name
DEPOT AT SANTIAGO, LP
Contract #
A-2013-072
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/20/2013
Destruction Year
0
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environmental requirements, including the requirements of the California Environmental Quality <br />Act and the National Environmental Policy Act and the preparation and approval of all required <br />environmental impact statements and reports; use, occupancy and building permit requirements; <br />and public utilities requirements. <br />9.7 Riehts of Others. Developer is in compliance with all covenants, conditions, restrictions, <br />easements, rights of way and other rights of third parties relating to the Property. <br />9.8 Litisation. There are no material actions or proceedings pending or, to the best of the <br />Developer's knowledge, threatened against or affecting Developer or any property of Developer <br />before any Governmental Authority, except as disclosed to City in writing prior to the execution <br />of this Agreement. <br />9.9 Bankruptcy. To the best of Developer's knowledge, no attachments, execution <br />proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or <br />other proceedings are pending or threatened against Developer, nor are any of such proceedings <br />contemplated by Developer. <br />9.10 Information Accurate. To the best of Developer's knowledge, all information, regardless <br />of its form, conveyed by Developer to City, by whatever means, is accurate, correct and <br />sufficiently complete to give City true and accurate knowledge of its subject matter, and does not <br />contain any misrepresentation or omission. <br />9.11 Conflicts of Interest. No member, official or employee of the City shall have any personal <br />interest, direct or indirect, in this Agreement, nor shall any such member, official or employee <br />participate in any decision relating to this Agreement which affects his/her personal interests or the <br />interests of any corporation, partnership or association in which he /she has a direct or indirect <br />financial interest. The Developer warrants that it neither has paid nor given, nor will pay or give, <br />any third party any money or other consideration for obtaining this Agreement. <br />9.12 Nonliabitity of City Officials and Employees. No member, official or employee of the City <br />shall be personally liable to the Developer in the event of any default or breach by the City or for <br />any amount which may become due to Developer or on any obligations under the terms of this <br />Agreement. <br />9.13 No Assignment. Developer expressly acknowledges and agrees that the City has only <br />agreed to assist the Developer as a means by which to induce the construction/development of the <br />Project. Accordingly, Developer further expressly acknowledges and agrees that this Agreement is a <br />personal right of Developer that is neither negotiable, transferable, nor assignable except as set forth <br />herein. Developer may assign some or all of its rights under the Agreement only with the prior <br />written consent of the City Project Manager (such consent not to be unreasonably withheld), except <br />that no prior consent is necessary for an assignment by a limited partner of Developer to an affiliate, <br />or as otherwise provided in the Deed of Trust. <br />9.14 Applicable Law. This Agreement shall be interpreted, governed and enforced under federal <br />and California state law with venue in Orange County California. <br />In <br />
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