Laserfiche WebLink
9.10 Information Accurate. To the best of Developer's knowledge, all information, <br />regardless of its form, conveyed by Developer to City, by whatever means, is accurate, correct <br />and sufficiently complete to give City true and accurate knowledge of its subject matter, and <br />does not contain any misrepresentation or omission. <br />9.11 Conflicts of Interest. No member, official or employee of the City shall have any <br />personal interest, direct or indirect, in this Agreement, nor shall any such member, official or <br />employee participate in any decision relating to this Agreement which affects his/her personal <br />interests or the interests of any corporation, partnership or association in which he/she has a direct or <br />indirect financial interest. The Developer warrants that it neither has paid nor given, nor will pay or <br />give, any third party any money or other consideration for obtaining this Agreement. <br />9,12 Nonliability of Cily Officials and Employees. No member, official or employee of <br />the City shall be personally liable to the Developer in the event of any default or breach by the City <br />or for any amount which may become due to Developer or on any obligations under the terms of <br />this Agreement. <br />9.13 No Assignment. Developer expressly acknowledges and agrees that the City has <br />only agreed to assist the Developer as a means by which to induce the construction/development of <br />the Project. Accordingly, Developer further expressly acknowledges and agrees that this Agreement <br />is a personal right of Developer that is neither negotiable, transferable, nor assignable except as set <br />forth 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 />for the inclusion of tax credit investors in the Agreement, or as otherwise provided in the Deed of <br />Trust. <br />9.14 Applicable Law. This Agreement shall be interpreted, governed and enforced <br />under federal and California state law with venue in Orange County, California. <br />9.15 Third Parties. This Agreement is made for the sole benefit of Developer and the <br />City and their successors and assigns, and no other person or persons shall have any rights or <br />remedies under or by reason of this Agreement or any right to the exercise of any right or power of <br />the City hereunder or arising from any default by Developer, nor shall the City owe any duty <br />whatsoever to any claimant for labor performed or materials famished in connection with the <br />construction of the Property. <br />9.16 Control of ProperLK. The parties acknowledge that the City has not at anytime <br />participated in any manner in the management or operation of the Property, and will not so <br />participate at any time hereafter. <br />10. CONDITIONS FOR CONSTRUCTION <br />10.1 Permits and Approvals. Developer shall diligently obtain all permits, including <br />all building permits, licenses, approvals, exemptions and other authorizations of Governmental <br />Agencies required in connection with the constraction and conversion of the Property. <br />20 <br />Lq4617MW1 <br />