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Reso 2017-2665
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Reso 2017-2665
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Last modified
3/1/2017 3:15:20 PM
Creation date
3/1/2017 3:15:14 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2017-2665
Date (mm/dd/yyyy)
02/16/2017
Description
Agreement #3 w/Ebsary to Construct Ped/Emergency Bridge
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ARTICLE 47. SUCCESSORS AND ASSIGNS <br /> 47.1 The performance of this Agreement shall not be transferred, pledged, sold, delegated or <br /> assigned, in whole or in part, by the Contractor without the express written consent of the City. It <br /> is understood that a sale of the majority of the stock or partnership shares of the Contractor, a <br /> merger or bulk sale, an assignment for the benefit of creditors shall each be deemed <br /> transactions that would constitute an assignment or sale hereunder requiring prior City <br /> approval. <br /> 47.2 The Contractor's services are unique.in nature and any transference without City <br /> approval shall be cause for the City to nullify this Agreement. Any assignment without the <br /> City's consent shall be null and void. The Contractor shall have no recourse from such <br /> cancellation. The City may require bonding, other security, certified financial statements and tax <br /> returns from any proposed assignee and the execution of an assignment/assumption <br /> agreement in a form satisfactory to the City Attorney as a condition precedent to considering <br /> approval of an assignment. <br /> ARTICLE 48. CONTINGENCY CLAUSE <br /> Funding for this Agreement is contingent on the availability of funds and continued authorization <br /> for program activities and the Agreement is subject to amendment or termination due to lack of <br /> funds, reduction of funds and/or change in regulations, upon thirty (30) days written notice from <br /> the City Manager or his designee to the Contractor. <br /> ARTICLE 49. JOINT PREPARATION- INTERPRETATION <br /> The language of this Agreement has been agreed to by both parties to express their mutual <br /> intent and no rule of strict construction shall be applied against either party hereto. The <br /> headings contained in this Agreement are for reference purposes only and shall not affect in any <br /> way the meaning or interpretation of this Agreement. All personal pronouns used in this <br /> Agreement shall include the other gender, and the singular shall include the plural, and vice <br /> versa, unless the context otherwise requires. Terms such as "herein," "hereof," "hereunder," <br /> and "hereinafter" refer to this Agreement as a whole and not to any particular sentence, article, <br /> paragraph, or section where they appear, unless the context otherwise requires. Whenever <br /> reference is made to a Section or Article of this Agreement, such reference is to the Section or <br /> Article as a whole, including all of the subsections of such Section or Article, unless the <br /> reference is made to a particular subsection or subparagraph of such section or article. <br /> ARTICLE 50. AMENDMENTS <br /> No modification, amendment, or alteration in the terms or conditions contained herein shall be <br /> effective unless contained in a written document prepared with the same or similar formality as <br /> this Agreement and executed by the City and Contractor. <br /> EJ <br /> C6154-1617-038-EBSARY FOUNDATION CO. 26 <br />
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