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RecDoc2025-028828 417 Stambaugh Street
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RecDoc2025-028828 417 Stambaugh Street
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6/16/2025 1:05:02 PM
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6/16/2025 1:04:31 PM
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Recorded Docs
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POL-Recorded documents Doc No. 02 Regulatory Agre
Doc Num
2025-028828
Rec Date
6/6/2025
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6. GENERAL PROVISIONS <br />6.1 Relationship of Parties. Nothing contained in this Regulatory Agreement shall be <br />interpreted or understood by any of the Parties, or by any Third Person, as creating the relationship <br />of employer and employee, principal and agent, limited or general partnership, or joint venture <br />between the City and the Owner or the Owner's agents, employees or contractors. The Owner <br />shall at all times be deemed an independent contractor and shall be wholly responsible for the <br />manner in which it or its agents, or both, perform any services required of them by the terms of <br />this Regulatory Agreement regarding the Development or the Property. Except as otherwise <br />expressly provided in this Regulatory Agreement, the Owner has the right to exercise full control <br />of employment, direction, compensation and discharge of all Persons assisting the Owner in the <br />development, operation or maintenance of the Development or the Property. The Owner shall be <br />solely responsible for all matters relating to payment of its employees, including compliance with <br />tax withholding and all .other Laws governing such employees. The Owner shall be solely <br />responsible for its own acts and those of its agents and employees. <br />6.2 No Claims. Nothing contained in this Regulatory Agreement shall create or justify <br />any claim against the City by any Person that the Owner may have employed or with whom the <br />Owner may have contracted relative to the purchase of materials, supplies or equipment, or the <br />furnishing or the performance of any work or services with respect to the operation or maintenance <br />of the Development or the Property. <br />6.3 Approvals. <br />6.3.1 Any approvals required from the City under this Regulatory Agreement <br />shall not be unreasonably withheld, conditioned or delayed, except where otherwise specifically <br />provided in this Regulatory Agreement. Wherever this Regulatory Agreement states that a Party's <br />approval shall be "reasonable" or not unreasonably withheld:: (a) such approval shall not be <br />unreasonably withheld, delayed or conditioned; (b) no withholding of approval shall be deemed <br />reasonable, unless withheld by Notice specifying reasonable grounds, in reasonable detail, for such <br />withholding, and indicating specific reasonable changes in the proposal under consideration that <br />would make it acceptable; and (c) if a Party grants its consent to any matter, this shall not waive <br />its rights to require such consent for any further or similar matter. <br />6.3.2 Except as otherwise specifically provided in this Regulatory Agreement, <br />whenever this Regulatory Agreement calls for approval by a Party of a proposed document to be <br />submitted by the other Party, the receiving Party shall notify the other Party of its approval or <br />disapproval of such document within thirty (30) calendar days after receipt of the proposed <br />document. Unless otherwise provided in this Regulatory Agreement, a Party's failure to respond <br />within such thirty (30) calendar day period shall be deemed the Party's approval. A Party shall <br />provide specific reasons for any disapproval. <br />6.4 Warranty Against Payment of Consideration for Regulatorygreement. Owner <br />represents and warrants to the City that: (a) it has not employed or retained any Person to solicit <br />or secure this Regulatory Agreement upon an agreement or understanding for a commission, <br />percentage, brokerage, or contingent fee, excepting bona fide employees of Owner and Third <br />Persons to whom fees are paid for professional services related to planning, design or Construction <br />REV: 05-20-25 LF <br />ATTY/AGR.2025.100.3/HEART-SV (417 Stambaugh - Reaulatory Aareement) (Page 25 of 35) <br />
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