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Reso 2001-393
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Reso 2001-393
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Last modified
6/11/2013 4:43:11 PM
Creation date
1/25/2006 1:56:57 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2001-393
Date (mm/dd/yyyy)
11/13/2001
Description
– Agmt w/FL Dept of Comm. Affairs for Disaster Relief Funding.
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<br />S'ep 27 02 04: 35p <br /> <br />DCA Public A55i5~ance <br /> <br />8504872007 <br /> <br />p.20 <br /> <br />cercificacion, or other necessary documentacion. <br /> <br />ARTICLE XXV. Rvents of Default.. Remedies. and Termination. <br /> <br />A. Opon the occurrence of anyone or more of the following <br />events, all Obligations of Grantee to disburse furcher funas <br />under this Agreement shall terminate at the option of Grantee. <br />Notwithstanding the preceding sentence, Grantee may at ita option <br />continue to make payments or portions of payments after the <br /> <br />occurrence of anyone or more such events without waiving the <br />right to exercise such remedies and without incurring liability <br />for furcher payment. Grantee may at its option terminate this <br />Agreement and any and al1 funding under this Agreement upon the <br /> <br />occurrence of anyone or more of t.he followin9~ <br /> <br />1. Any represen~ation by Subgrantee in this Ag~eemenc 1s <br />inaccurate or incomplete in any material respect. or Subgrantee <br /> <br />has breached any condition of this Agreement or any previous <br /> <br />agreement with Grantee and has not cured in timely fashion, or 15 <br />unable or unwilling to meet its obligations under this Agreement. <br />2. subgrantee suffers ~ny material adver~e change in ies <br />financial condition while this Agreement is in etfect, as <br /> <br />compared to its financial cona1tion as represented in any reports <br /> <br />or other document~ ~ubmicted eo Grantee, if Subgrantee has not <br /> <br />cured the condition within thirty (30) days after notice in <br /> <br />writing from Grantee; <br /> <br />3. Any reports required by t.his Agreement have not been <br />submit~ed to Grantee or have been submitted with inaccurat~. <br /> <br />incomplete. or inadequate informa~1on: or <br /> <br />".19 <br /> <br />19 <br /> <br />~T\MA-13.45.DR-FL <br />
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