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AgdaPkt 2020-10-26 Joint SA PFA
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AgdaPkt 2020-10-26 Joint SA PFA
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Last modified
11/2/2020 1:04:03 PM
Creation date
10/22/2020 5:08:46 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
10/26/2020
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7.A. - Page 75 of 176 <br />10/09/2020 <br />Only if and to the extent that proceeding pursuant to (i) through (iv) could not reasonably <br />approximate substantial performance of the Agreement, City may proceed as follows: <br />V. Initiate legal or equitable action to recover damages or obtain specific <br />performance with respect to the Levee Improvements project; and/or <br />vi. Restore the Seaport Centre Levee to the same or better condition than <br />existed prior to work commencing at no cost to the City. <br />(c) Common Remedies Following any Default. In the event that SCOA Defaults <br />under this Agreement either prior to or following commencement of the Levee Improvements, <br />then City may proceed as follows: <br />i. Without liability for doing so, City (or any surety under a performance or <br />other bond which authorizes such action) may take possession of and utilize in completing the <br />work such building and construction materials belonging to SCOA or Owners as may be on or <br />about the Property and necessary for completion of the Levee Improvements or, alternatively, <br />restoration of the Seaport Centre Levee to the same or better condition than existed prior to <br />SCOA's commencement of the work; <br />ii. Demand that Owners grant to City, at no cost to City within 10 business <br />days following City's demand therefor, easements over and across the applicable portions of the <br />Property, including access and temporary construction easements, as necessary for City to <br />complete or cause the completion of the Levee Improvements or restoration of the Seaport <br />Centre Levee and, following completion or restoration thereof, to maintain such improvements; <br />and/or <br />iii. Obtain reimbursement from SCOA pursuant to Section I1 for any costs <br />City has accrued that have not already been reimbursed. <br />(d) SCOA Remedy Following Completion of the Levee Improvements. In the event <br />the City defaults in its obligation to acquire the Levee Improvements following SCOA's <br />satisfactory completion of the Levee Improvements in accordance with this Agreement, SCOA <br />may enforce its right to convey the Levee Improvements to the City by specific performance. <br />25. General Provisions. <br />(a) Force Majeure; Extension of Times of Performance. Subject to the limitations set <br />forth below, the time within which a Party shall be required to perform any act under this <br />Agreement shall be extended by a period of time equal to the number of days during which <br />performance of such act is delayed unavoidably and beyond the reasonable control of the Party <br />seeking the delay by strikes, lock outs, and other labor difficulties; acts of God; unusually severe <br />weather, but only to the extent that such weather or its effects (including, without limitation, dry <br />out time) result in delays that cumulatively exceed twenty (20) days for any winter season <br />occurring after commencement of construction of the Levee Improvements; failure or inability to <br />secure materials or labor by reason of priority or similar regulations or order of any <br />governmental or regulatory body; changes in local, state, or federal laws or regulations, including <br />FEMA regulations; enemy action; civil disturbances; wars; terrorist acts; fire; unavoidable <br />OAK #4819-4834-1908 v19 28 <br />ATTY/AGR/2020.230/SEAPORT LEVEE AGREEMENT <br />257 <br />
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