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AgdaPkt 2015-10-26 Study and Joint SA PFA
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AgdaPkt 2015-10-26 Study and Joint SA PFA
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Last modified
11/17/2015 10:03:49 AM
Creation date
10/22/2015 7:26:56 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
10/26/2015
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6.1.C. - Page 5 <br /> A general release does not extend to claims which the creditor does <br /> not know or suspect to exist in his favor at the time of executing <br /> the release, which if known by him must have materially affected <br /> his settlements with the debtor. <br /> 5. Indemnification. To the fullest extent provided by law, Owner, for itself, its <br /> assigns and successors in interest, hereby holds harmless and indemnifies the City Parties from <br /> and against any and all Claims arising from work within the Right-of-Way performed by City Or <br /> its contractors, except to the extent of City's gross negligence or willful misconduct. <br /> 6. Encroachment Permit in Full Force and Effect. Except for the exception provided <br /> in Section 2 above, the Encroachment Permit remains in full force and effect. <br /> 7. Acknowledgment. Owner expressly agrees that it has read the entirety of the <br /> Agreement and understands all of its terms and provisions. The contents and effects of the <br /> Agreement have been explained to the Owner by counsel of its own choice,or Owner has had an <br /> opportunity to seek counsel of his/her own choice, and the Agreement is executed voluntarily <br /> and with full knowledge of its significance. <br /> 8. Runs with the Land. The covenants and agreements contained in this Agreement <br /> shall run with the Property and be binding upon and inure to the successors to the Property. <br /> 9. Notification upon Conveyance or Transfer. Upon the conveyance or transfer of <br /> the Property, Owner shall advise the purchaser or transferee of the existence of this Agreement. <br /> 10. Integration. This Agreement constitutes a single integrated written document <br /> expressing the entire agreement of the Parties regarding this subject matter, and supersedes any <br /> and all prior written and oral agreements between them. Any statement, promise, or <br /> commitment about this subject matter which is not contained in this Agreement shall be void and <br /> invalid. <br /> 11. Governing Law. This Agreement shall be construed in accordance with, and be <br /> governed by, the laws of the State of California, without reference to its choice of law <br /> provisions. <br /> [SIGNATURE PAGE FOLLOWS] <br /> REV:08-17-15 VR <br /> Page 3 o€5 <br /> ATTY/AGR.2015.1781755 Brewster <br />
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