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2016-080 - Bond Expenditure Agreement
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2016-080 - Bond Expenditure Agreement
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Last modified
10/12/2016 2:56:15 PM
Creation date
10/12/2016 2:53:32 PM
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City Clerk
Doc Type
Resolution
Doc #
2016-080
Date
10/4/2016
Destruction Year
P
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8. BINDING ON SUCCESSORS <br />This Agarernent: shall be binding on and shall inure to the benefit of all successors and assigns <br />of the parties, whodier by ayreoomnt or alteration of law. <br />9. NON- I,IAIIILITX OF NI1C1uT13ERS, OFFICIALS, IALS, EMPLOYELS AND AGENPS; XON- <br />Rl:000tRST OBLIGATION <br />No member, officer, official, employee, agent or representative of the Successor Agency orthe <br />City shall be personally liable forperfortnanee by bite Successor Agency or City hereunder, for breach <br />or default by the City or Successor Agency hereunder, for any amounts which may be payable or <br />become due hereunder, or far any Judgment or execution thereon entered in tiny action, <br />to. I ?IIRTIIMI ASSURANCES <br />Each party agrees to execute, aelomwledgo and dollver all, additional documents said <br />instrurricot , and to take such other actions as maybe reasonably necessary to caxry out the intent of <br />this Agreement. <br />IS'1GN ATURE5 ON N7,Y"17 PAGE <br />Resolution No. 2016 -080 <br />Page 12 of 14 <br />
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