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DELHI CENTER - DELHI PARK CONSTRUCTION AND FUNDING AGMT-2000
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DELHI CENTER - DELHI PARK CONSTRUCTION AND FUNDING AGMT-2000
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3/28/2017 2:29:34 PM
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Contracts
Company Name
DELHI CENTER
Contract #
A-2000-171
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Arbitrator and the other Party(ies) with any and all documents, instructions or other information <br />necessary to allow the Arbitrator to arrive at its decision and to give effect to that decision. The <br />cost of such proceedings shall be borne equally by the Parties to the dispute. <br />2. Delhi's resort to, or participation in, any arbitration proceeding shall <br />not bar suit by Delhi in a court of competent jurisdiction for specific performance unless and <br />until the arbitration proceeding results in a judgement in favor of the City in which event such <br />judgement and award shall act as a bar against any further action by Delhi for specific <br />performance. <br />3. BY INITIALING IN THE SPACE BELOW, THE PARTY <br />INITIALING IS AGREEING TO THE ARBITRATION PROVISIONS SET FORTH IN THIS <br />SECTION AND IS AGREEING TO GIVE UP SUCH RIGHTS AS THE PARTY MIGHT <br />OTHERWISE POSSESS TO HAVE SUCH DISPUTE(S) LITIGATED IN A COURT AND /OR <br />IN FRONT OF A JURY. FURTHER, BY INITIALING BELOW, THE PARTY INITIALING <br />ACKNOWLEDGES AND AGREES THAT: (i) IT IS GIVING UP ANY RIGHTS TO <br />DISCOVERY AND /OR APPEAL UNLESS SUCH RIGHTS ARE SPECIFICALLY <br />INCLUDED IN THE ARBITRATION PROVISION OF THIS SECTION OR OTHERWISE <br />PROVIDED FOR BY WAY OF THE AAA RULES OR THE MUTUAL AGREEMENT OF <br />THE PARTIES IN SUCH ARBITRATION PROCEEDING, AND (ii) IF IT REFUSES TO <br />SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, SAID PARTY <br />MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE <br />CALIFORNIA CODE OF CIVIL PROCEDURE. <br />cc <br />City Delhi <br />ARTICLE VI - GENERAL PROVISIONS <br />Section 601. Good Faith Cooperation <br />Delhi agrees to cooperate with the funding of the construction of the Community Center and <br />shall not withhold any funding awarded Delhi for purposes of construction. Delhi agrees that <br />California Youth Authority Funds awarded for construction of the Community Center shall be <br />deposited with the City within 10 days of receipt by Delhi. <br />Delhi agrees that any advanced or partial funding shall be deposited with the City within 10 <br />days of receipt. <br />In the event of terminationof this Agreement by the City as provided in Section 508 herein, <br />the City shall retain all revenues deposited therewith for completion of construction of the <br />Community Center. <br />10 <br />
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