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25H - AGMT - AFFORDABLE HOUSING 2151 E 1ST ST
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06/21/2016
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25H - AGMT - AFFORDABLE HOUSING 2151 E 1ST ST
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Last modified
6/20/2016 10:17:15 AM
Creation date
6/16/2016 4:19:20 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25H
Date
6/21/2016
Destruction Year
2021
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reladnng to tlus Agreement or the Loan Documents. Assuming proper sa rvico of' process, <br />[Jewuloper aat:soa waives ally objection regarding; personal or ill rem ;purr isdretion or venue. <br />21.8 6everability of Provisions. No provision of any Loan I' ocunicnL tirW. is <br />belch to he u ncrrdinrecable or invalid ,,hall affect the rcaanainnrg provisions, acrd to this end <br />all provisions of the Loan Documents rrrc hcreby declarcu't tar he severable. <br />21.9 Headiaaps. Article and section headings are included in the Imam <br />Documents fol- corrvenrernce as @` refeaernee only and shall not be used in construing the <br />Loan Doacwlnents. <br />21.10 Conflicts. for the event o1' any conflict between the provisions of this <br />Agrecinent and t hose of any other Loan Document, this Agrec*ataerrt, unless Otherwise <br />expressly provided, tiBuA p re , -ui1; provided however that, Ga0h inspect to any matter <br />addaessed in bode such documents, the fiact that one doetiment provides for greater, lesser <br />or different riO, its or obligations daaan the other shall not be decrnecl a conflict unless the <br />applicable provisions are inconsistent and could not be mintilt,ancowAy enferrced or <br />performed. <br />21 .11 Time of the Essence. Time is cal the essence under this Agreement and in <br />the perforniance orevery fermi, covenant, creel obfigNation contained herein. <br />21,12 Luourflhet of Interest. No nnember, ar1'liciarl or cinplrryee of' the City shall, <br />halve any direct or indirect interest in this Agrecrrrerrt, nor participate in any clecis on <br />relating, to the Agreement which is prohibited by law. <br />21.13 'Warranty Against Payment of Consideration. Dcw dopier ww araarnts llnat <br />it has not panel or given, areal wvili not pay or give, any third persorn any money or° other <br />consideration for obtaining this Agreement. <br />2h.14 Nonliability of City Officials and Emplovees. No rnernber, official or <br />employee of (".ity shall he per soanadfy Viable to Developer, or any successor in interest, ire <br />llac eveaat oaf any detaanit or breach by City or for any anrroaunt which rainy become date to <br />Developer or successor, are on any obligation antler the terms of this Agreement. <br />21,15 plans and Dal a, Where Developer does not proceed with the <br />work and aehaabilimhon of' the Property, and where this Agreement is lernninaated with <br />respect thereto for any reason, Developer shaft delivter to (`ity any and rill pahans and dutaa <br />concerning the Property, and City or any person or e:nfity designated by City slralh have <br />the right to use strcla plans and data without compensation to Developer. Sarch right of <br />Pity sluall 11(�, saubjeet to array right of the prcpaarcr of'the pla,rs to tlieir case. <br />21. h G Authority to Enter Agreement, Fah undersigned represents and warru,nts <br />that its sig;nadnrc lrcreunbelow hors the power, authority and right tai band their respective <br />Pill-tics to cachr of "tlne Beirut; oxl`ihis Agrecinnent, and sheath irulernrail'y the ("fly folly, unclnding <br />reasonable eorsts and attomey s fees, for array irrJurrres or damrug;es to Oty in the event that <br />such authority or power is not, m f "act, held by the sigualory or is withdrawn. <br />25HI -49 <br />
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