Agmt08 Bradford Parcels - Laserfiche WebLink

Browse Search

Redwood City Redevelopment Agency DTSC Agreement No. 07-T3454 Exhibit C Page 1 of 2 (Reimbursement Agreement) EXHIBIT C GENERAL TERMS AND CONDITIONS 1. Indemnification - The Applicant agrees to indemnify, defend and save harmless the State, its officers, agents and employees from any and all claims and losses accruing or resulting from the Applicant's performance of this contract and from any and all claims and losses accruing or resulting to any person, firm or corporation who may be injured or damaged by the Applicant in the performance of this contract. 2. AssiQnment - Without the written consent of the State, this Agreement is not assignable by Applicant either in whole or in part. 3. Timeliness -Time is of the essence in this Agreement. 4. Deviations - Any alteration or variation of the terms of this Agreement shall be invalid unless made in writing and signed by the parties hereto, and no oral understanding or agreement not incorporated herein, shall be binding on any of the parties hereto. 5. GoverninQ Law -This Agreement shall be governed by the laws of the State of California, both as to interpretation and performance. 6. Amendments - Amendments to this Agreement may be proposed by either party and shall be effected by issuance of a written instrument executed by both parties. The Agreement price may be equitably adjusted to reflect any additional costs or new savings resulting from such amendment(s). 7. Termination - Either party may elect to terminate this Agreement by written notice at any time prior to referral of the project to the Commission upon ten (10) days written notice to the other party. The Applicant agrees that in the event of termination of this agreement by either party as provided above, it shall reimburse the State upon its written request one hundred percent (100%) of all costs incurred by the State in the performance of its obligations as described in this Agreement. 8. Records - Upon five (5) business days notice, the State's records relating to its costs shall be available for the Applicant's audit in the State's office in Sacramento. Said audit shall take place only during regular business hours of the State. Payment of costs by the Applicant shall not constitute a waiver of its rights to audit nor an acknowledgment by the Applicant of the validity of the costs that have been paid. Nothing herein shall be deemed to require the State, its consultants, other contractors and subcontractors to maintain books, records, or documents other than those usually maintained by them, provided that such books, records and documents reasonably segregate and identify the costs for which reimbursement is