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Reso 16403
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Reso 16403
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Last modified
5/12/2026 2:27:43 PM
Creation date
5/12/2026 2:27:09 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
5/11/2026
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ATTY/RESO.0020/CC RESO APPROVING AMENDMENTS TO HPP GUIDELINES – EXHIBIT B <br />REV: 05-04-26 LF <br />Page 30 of 86 <br />and releases any claim it may have against the members, officials or employees of City with respect <br />to any default or breach by City or for any amount which may become due to Borrower or its <br />successors, or on any obligations under the terms of the Loan Documents. Borrower makes such <br />release with full knowledge of Civil Code Section 1542 and hereby waives any and all rights <br />thereunder to the extent of this release, if such Section 1542 is applicable. Section 1542 of the <br />Civil Code provides as follows: <br />A general release does not extend to claims that the creditor or releasing party does <br />not know or suspect to exist in his or her favor at the time of executing the release <br />and that, if known by him or her, would have materially affected his or her <br />settlement with the debtor or released party. <br /> <br /> <br />[Signatures to appear on the following page.]
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