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<br />f. <br /> <br />l, <br /> <br />3.1 <br /> <br />, . Article III <br />TERM AND TERMINATION <br />:. I . <br /> <br />The term of this.agreeme~t shall be for a period of one year ("Initial Term") <br />commencing on the date of pJssage by the party last to ratify, unless terminated <br />by either party by notice ih Wntirig to the other party, in accordance ~th the <br />. I . <br />Termination procedures as 4esignated in Section 3.3. <br />t J <br />.'., <br />At the end of the term of the Agreement, hoth the PASADENA and LA ~ORTE <br />have the option to continue ~~ Agreement for one additional one (1) year term. <br />Such option shall be execut~ in writing by the Mayor of PASADENA, ot hislher <br />designee, and the City ManMJ. of LA PORTE, or his/her designee. should either <br />party choose not to exercise tHeir option, the Agreement shall be considded at an <br />end, at the conclusion of th~ Initial Term. In such event each party will be <br />responsible for its proportional. share of the total costs of work. <br /> <br />3.2 <br /> <br />3.3 <br /> <br />Either party may terminate the 'agreement without cause upon thirty (30) days <br />written notice to the other party. In such event each party will be responkible for <br />. its proportional share of the total cost of work. . <br /> <br />Article IV. <br />, INDEMNITY <br /> <br />i <br />4. To the extent allowed by law, LA PORTE and PASADENA do hereby release, <br />~. indemnify and hold each otjIer and their respective officials, agents and I <br />employees, in both their public and private capacities, harmless from any and all <br />liability, claims, costs and expenses arising out of the performance of this' <br />. agreement due to their its respective negligence or that of its officials, officers, <br />employees or students. It is' expressly understOod and agreed that in the e~ecution <br />. of this contract, neither LA:POR TE nor PASADENA waives, nor shall bd deemed <br />to waive, any immunity or defense that would otherWise be available to eJch <br />:: against claims arising in the exercise of governmental powers and functiohs. <br /> <br />.t. <br /> <br />'Article V. <br />ENTIRE AGREEMENT <br /> <br />5. This instrument contains th:e entire Agreement between the parties relating to the <br />. rights granted in the agreement and the obligations assumed as a part of tIle <br />Agreement. Any representations or modifications concerning this agreetrtent shall <br />have no force or effect unl~ss modified in writing, and signed by each par!ty to the <br />Agreement. ' <br /> <br />Pasadena- Pasadena-La Porte Sports Complex Interlocal Agreement, 0407.doc <br /> <br />Page 4 00 <br />