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AgdaPkt 2018-06-11 Closed and Joint SA PFA
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AgdaPkt 2018-06-11 Closed and Joint SA PFA
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Last modified
6/13/2018 4:05:50 PM
Creation date
6/7/2018 6:21:34 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
6/11/2018
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6.1.F. - Page 17 <br />DRAFT 5/18/2018 <br />Closing) in which the State owned the fee in the Exchange Lands, or (ii) the State or its agents <br />released, generated, treated, stored, used, disposed of, deposited, abandoned, or exacerbated the <br />hazardous materials affecting the Exchange Lands. The City and the Commission agree that if <br />the State is a named insured in a pollution liability insurance policy obtained by the City, the <br />obligation to indemnify the State under this Section shall not become effective unless and until <br />any proceeds from the policy are exhausted. <br />b. The Parties agree to use reasonable efforts to defend this Agreement, any <br />deed, patent, agreement, or other instrument executed pursuant thereto, and any decision made <br />by a Party to approve the foregoing, including the approval of any required findings related <br />thereto, in any legal action challenging the validity or legality thereof or in which this Agreement <br />is asserted as an affirmative defense. The BLA described in Section 12 is not an agreement or <br />instrument executed pursuant to this Agreement. In any such action, the City shall reimburse the <br />Commission for all reasonable costs incurred in connection with such action, including but not <br />limited to reasonable staff time and attorneys' fees incurred by the Commission, and including <br />but not limited to any award of attorneys' fees made by a court of competent jurisdiction against <br />the Commission, on such reasonable terms and conditions as the Parties may establish by <br />separate agreement. Nothing in this Section limits the discretion of the Commission, at its sole <br />cost and expense, to conduct its own defense or take the lead in its own defense. <br />17. Execution Before a Notary Public. All signatures of the Parties to this Agreement <br />and all deeds and other instruments of conveyance executed pursuant to this Agreement shall be <br />acknowledged before a Notary Public and a certificate of acknowledgment shall be attached to <br />the executed Agreement and other documents to allow them to be recorded in the Office of the <br />Recorder. The Governor's signature shall be attested to by the Secretary of State. <br />18. Agreement for Compromise and Settlement. It is expressly understood by the <br />Parties that the provisions set forth in this Agreement have been agreed upon for purposes of <br />compromising and settling disputed title and boundary problems in the Exchange Lands and <br />Rancho Parcel. <br />19. No Determination of Trust Consistencv. Nothing in this Agreement shall be <br />construed as a determination by the Commission regarding the Trust consistency of any <br />proposed use of the Trust Addition Lands. <br />20. Agreement Not To Encumber. Except to the extent consistent with the purposes <br />of this Agreement, or as otherwise provided herein, neither Party shall sell, transfer, assign, <br />mortgage, pledge, or hypothecate, whether by operation of law or otherwise, any of their <br />respective rights, title, or interests in or to the Exchange Lands prior to the consummation of the <br />transfers of those parcels as provided for herein, without the prior written consent of the other <br />Party. <br />21. Further Assurances. So long as authorized by applicable laws to do so, the Parties <br />will perform such other acts, and execute, acknowledge and deliver all further conveyances and <br />other instruments that may be necessary to fully assure to the other Party all of the respective <br />properties, rights, titles, interests, remedies, powers, and privileges to be conveyed or provided <br />for by this Agreement. <br />10 <br />
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