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25A - AGMT - CIVIC CENTER JPA
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25A - AGMT - CIVIC CENTER JPA
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Last modified
10/14/2014 2:44:58 PM
Creation date
10/14/2014 2:35:36 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Parks, Recreation, & Community Services
Item #
25A
Date
10/21/2014
Destruction Year
2019
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SECTION 9. Funds. <br />Subject to the applicable provisions of any indenture or financing agreement, which may provide <br />for a trustee to receive, have custody of and disburse Authority funds, the Treasurer of the Authority <br />shall receive, have the custody of and disburse Authority funds (i) pursuant to the accounting <br />procedures developed under Section 8 hereof, and (ii) as nearly as possible in accordance with normal <br />County procedures, shall make the disbursements required by this Restated Agreement or to carry out <br />any of the provisions or purposes of this Restated Agreement. <br />No gifts, grants, aid or similar payments from any source other than the Parties to this Restated <br />Agreement shall be received and used by the Authority on any land conveyed to the Authority without <br />the consent of the Party which conveyed said property. <br />SECTION 10. Prior Agreement. <br />It is mutually agreed that this Restated Agreement shall terminate, supplant and supersede the <br />Prior Agreement, including any amendments thereto. Notwithstanding the foregoing, the restatement <br />and termination of the Prior Agreement shall not relieve the Parties from any uncured obligations under <br />the Prior Agreement. <br />SECTION 11. Notices. <br />All notices, documents, correspondence and communications concerning this Restated <br />Agreement shall be addressed as set forth in this Section 10, or as the Parties may hereafter designate <br />by written notice, and shall be sent through the United States mail, return receipt requested or with <br />other proof of delivery, with postage prepaid, by personal delivery, Federal Express or similar courier <br />service, or by facsimile. Notices so given shall be deemed to have been given upon receipt with the <br />exception of transmittals via facsimile which shall be deemed delivered on the day transmitted <br />provided transmitted by 4:30 P.M. (PT) on the receiving Party's regular business day, otherwise <br />delivery shall be deemed to have been given on the next business day. Either Party may change the <br />address for notices by giving the other Party at least ten (10) calendar days' prior written notice of the <br />new address. <br />25A -8 <br />
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