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RecD05 2005-141296
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RecD05 2005-141296
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Last modified
8/8/2007 5:28:12 PM
Creation date
2/22/2006 10:24:59 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
amended & restated isposition & development agreem
Doc Num
2005-141296
Rec Date
8/17/2005
Parties
First Community Housing
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<br />or actions of every name, kind and description, brought for, or on <br />account of, injuries to or death of any person, including <br />Contractor, or damage to property of any kind whatsoever and to <br />whomsoever belonging, including but not limited to, the concurrent <br />passive negligence of the City, its Council, and their respective <br />officers, boards, commissions, agents, and employees, resulting <br />from the performance of any work required by this Agreement of <br />Contractor, its officers, agents, employees and/or servants, <br />provided that this shall not apply to injuries or damage caused by <br />the gross negligence or willful misconduct of indemnitees, or <br />anyone of them. <br /> <br />The duty of the Developer to indemnify and save harmless, as <br />set forth herein, shall include the duty to defend as set forth in <br />Section 2778 of the California Civil Code. <br /> <br />Section 6.10. <br /> <br />Release of the Developer from Liabilitv. <br /> <br />Notwi thstanding any provision herein to the contrary, the <br />Developer shall be relieved of any and all liability for the <br />obligations of the Developer hereunder with regard to the Property <br />when a Certificate of Completion has been issued by the Agency <br />hereunder, other than any covenants and obligations provided by the <br />Grant Deed, the Deed of Trust, and the Declaration of Affordability <br />Covenants recorded against the Property. <br /> <br />Section 6.11. Attornevs' Fees. If either party hereto <br />files any action or brings any action or proceeding against the <br />other arising out of this Agreement, seeks the resolution of <br />disputes, or is made a party to any action or proceeding brought by <br />the Escrow Agent, then as between the Developer and the Agency, the <br />prevailing party shall be entitled to recover as an element of its <br />costs of suit or resolution of disputes, and not as damages, its <br />reasonable attorneys' fees as fixed by the Court or other forum for <br />resolution of disputes as may be agreed upon by the parties, in <br />such action or proceeding or in a separate action or proceeding <br />brought to recover such attorneys' fees. If the Developer is the <br />Owner, then the Owner's obligation under this section shall be <br />limited to available residual receipts (as that term is defined in <br />the Grant Documents) authorized for release by HUD and non-project <br />assets. <br /> <br />Section 6.12. Effect. This Agreement shall be binding <br />upon and inure to the benefit of the parties hereto and their <br />respective heirs, executors, administrators, legal representatives, <br />successors and assigns. . <br /> <br />46 <br /> <br />REDW\0006\DOC\001-7 <br />3/29/05 3:15 /rove <br />
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