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<br />arising from a single occurrence. Contractors indemnify obligation shall extend up to but shall <br />not exceed the higher limits of that insurance. Contractor hereby irrevocably waives any right <br />and agrees not to file any mechanic's or materialman's lien against the interest of the owner of <br />the property. <br /> <br />9. Assie:nment. This Agreement shall be binding upon and shall inure to the benefit of <br />the City and to any and all of its successors and assigns, whether by merger, consolidation, <br />transfer of substantially all assets or any similar transaction. Notwithstanding the foregoing, this <br />Agreement is personal to the Contractor and it may not, either directly or indirectly, assign its <br />rights or delegate its obligations to City hereunder without first obtaining the City's consent in <br />writing. Any such attempted assignment or delegation shall be deemed of no legal force and <br />effect whatsoever. <br /> <br />10. Term. The term of the Contract shall commence May 1, 2001, and shall terminate <br />May 1, 2004. The City shall have the right to cancel this Agreement, at any time during the term <br />hereof, upon thirty (30) days notice to the Contractor. Payment will be made only for work <br />completed to the satisfaction of the City. Contractor is to commence performance of work on the <br />Commencement Date and continue in a diligent manner until work is complete. Contractor <br />acknowledges that compliance with the commencement and completion schedule is on the <br />essence of this Agreement. The terms of paragraphs 7 and 8 hereof shall survive termination of <br />this Agreement. <br /> <br />11. Notices. All notices and other communications required or permitted to be given <br />under this Agreement by either party to the other shall be in writing and shall be sent (except as <br />otherwise provided herein) (i) by certified or registered mail, first class postage prepaid, return <br />receipt requested, (ii) by guaranteed overnight delivery by a nationally recognized courier <br />service, or (iii) by facsimile with confirmation receipt (with a copy simultaneously sent by <br />certified or registered mail, first class postage prepaid, return receipt requested or by overnight <br />delivery by traditionally recognized courier service), addressed to such party as follows: if to the <br />City one to Christopher J. Russo, City Manager and one to Lynn M. Dannheisser, City <br />Attorney, at City of Sunny Isles Beach, 17070 Collins Avenue, Suite 250, Sunny Isles Beach, <br />Florida 33160. The address of the Contractor for notices is Stroyne Bros. South, Inc., 7822 <br />S.w. 66th Street, Miami, Florida 33143, (305) 595-4866 phone. <br /> <br />12. Governine: Law. The validity of this Agreement and the interpretation and <br />performance of all of its terms shall be construed and enforced in accordance with the laws of the <br />State of Florida, without regard to principles of conflict of laws thereof. The location of any <br />action or proceeding commenced under or pursuant to this Agreement shall be in Miami-Dade <br />County, in the State of Florida. <br /> <br />13. Remedies for Breach. Should Contractor fail to perform, City shall notify <br />Contractor in writing of such failure to perform and Contractor shall have thirty (30) days of <br />receiving such notice to cure such failure. If Contractor is unable to cure such failure to perform <br />then City shall receive a refund equal to the actual cost of a third party to cure such failure. The <br />City may sue for damages in circuit court. If City fails, refuses or is unable to perform any term <br />of this agreement, City shall pay for services rendered as of the date of termination. <br /> <br />Parking Meter Purchase, Installation & Maintenance Contract - Stroyne Bros Inc <br /> <br />Page 3 of4 <br />