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AgdaPkt 2016-07-25 Closed and Joint SA PFA
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AgdaPkt 2016-07-25 Closed and Joint SA PFA
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Last modified
7/21/2016 5:31:02 PM
Creation date
7/21/2016 5:14:23 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
7/25/2016
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REV: 07-13-16 VR <br />Page 5 of 6 <br />13. Discrimination and Harassment Prohibited.Bankwillcomply with all applicable <br />local, state and federal laws and regulations prohibiting discrimination and harassment. <br />14. Termination.In the event of the Bank's failure to prosecute, deliver, or perform <br />the Services, Citymay terminate this Agreement for nonperformance by notifying Bank <br />in writing pursuant to the notice provisions of this Agreement. <br />IfCitydecides to abandon or postpone the work orservices contemplated bythis <br />Agreement, Citymay terminate this Agreement upon written notice to Bankpursuant to <br />the notice provisions of this Agreement. Termination will be effective immediately upon <br />notification. <br />Either Party upon tendering thirty (30) days written notice to the other party may <br />terminate this Agreement. <br />Bankwillbe paid for work performed up to the termination date; however, the total will <br />not exceed the lump sum fee payable under this Agreement. <br />15. Covenants against Contingent Fees.Bankwarrants that Bankhas not employed <br />or retained any company or person, other than a bona fide employee working for Bank, <br />to solicit or secure this Agreement, and that Bankhas not paid or agreed to pay any <br />company or person, other than a bona fide employee, any fee, commission, percentage, <br />brokerage fee, gift, or any other consideration contingent upon, or resulting from, the <br />award or making of this Agreement. For breach or violation of this warranty, Citywill <br />have the right to annul this Agreement without liability,or, in its discretion, to deduct <br />from the Agreement price or consideration, or otherwise recover, the full amount of the <br />fee, commission, percentage, brokerage fees, gift, or contingent fee. <br />16. Claims and Lawsuits. Bankacknowledges that if a false claim is submitted to City <br />by Bank, it may be considered fraud and Bankmay be subject to criminal prosecution. <br />Bankacknowledges that California Government Code sections 12650 et seq., the False <br />Claims Act applies to this Agreement and, provides for civil penalties where a person <br />knowingly submits a false claim to a public entity. These provisions include false claims <br />made with deliberate ignorance of the false information or in reckless disregard of the <br />truth or falsity of information. If Cityseeks to recover penalties pursuant to the False <br />Claims Act, it is entitled to recover its litigation costs, including attorney's fees. Bank <br />acknowledges that the filing of a false claim may subject Bankto an administrative <br />debarmentproceeding as the result of which Bankmay be prevented to act as a Bank <br />on any public work or improvement for a period of up to five (5) years. Bank <br />acknowledges disbarmentby another jurisdiction is grounds for Cityto terminate this <br />Agreement. <br />17. Jurisdiction and Venue.Any action at law or in equity brought by either of the <br />Parties for the purpose of enforcing a right or rights provided for by this Agreement will <br />be tried in the Federal and State Courts of Northern California and the Parties waive all <br />provisions of law providing for achange of venue in these proceedings. <br />18. Successors and Assigns.It is mutually understood and agreed that this <br />Agreement willbe binding upon the Parties and their respective successors. Neither this <br />ATTY/AGR/2016.186/WELLS FARGO BANKING AGREEMENT <br />6.1.H. - Page 7
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