AgdaPkt 2000-06-26 - Laserfiche WebLink

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l.P & -$ pocket costs relating to the construction of the Improvements. lAC shall not charge for, nor shall reimbursement be provided for, lAC's overhead relating to construction of the Improvements. 4. Recovery from Third Parties. The Agency will seek to recover, for its own account, the amount of its reimbursement to lAC from Shea or any other developer that may be selected by the Agency to develop the remainder of the Franklin Street Project. In addition, the Agency will use good faith efforts to attempt to obtain reimbursement for lAC of costs incurred by lAC (and not reimbursed to lAC by the Agency) for the benefit of, and appropriately chargeable to, Shea or such other developer of the remainder of the Franklin Street Project Site (e.g., improving all of Monroe Street instead of only 1/2 of the street, up sizing utilities to accommodate future development of the remainder of the Franklin Project Site and the portion of the cost of the Improvements appropriately chargeable to Shea or such other developer. 5. Miscellaneous. (a) This Agreement may be amended in writing by the mutual agreement of the original parties or their successors in interest. (b) This Agreement shall be construed and enforced in accordance with the laws of the State of California. (c) llis Agreement constitutes the entire understanding and agreement of the parties and supersedes all prior understandings, negotiations or agreements between the parties with respect to all or any part of the subject matter hereof. (d) This Agreement has been reviewed by legal counsel for the parties, and no presumption or rule that ambiguities shall be construed against the drafting party shall apply to the interpretation or enforcement of this Agreement. -5- Form dated: 6/19/00 - -~-----------