Laserfiche WebLink
<br />VIII. <br /> <br />Rie;ht of Ownership <br /> <br /> <br />All permanent public facilities and equipment owned by City within the Pill shall remain <br /> <br /> <br />property of City, and such property shall not be disposed of by the Authority. All property and <br /> <br /> <br />improvements purchased by the Authority shall be the property of the Authority and shall be <br /> <br /> <br />maintained by the Authority throughout the term of this Agreement. Upon termination of this <br /> <br /> <br />Agreement, title to all such Authority property shall immediately vest in the City without the <br /> <br /> <br />need for further action on the part of the City. The Authority shall provide an up-to-date <br /> <br /> <br />inventory of all of its property and improvements as an attachment to its annual budget. <br /> <br />IX. <br /> <br />Personal Liability of Public Officials <br />No director of the Authority nor any employee or agent of the Authority and no employee <br /> <br /> <br />of the City, nor any agent of the City, shall be personally responsible for any. liability arising <br /> <br /> <br />under or growing out. of the Agreement, or operations of the Authority under the terms of this <br /> <br /> <br />Agreement. <br /> <br />X. <br /> <br />City Not Liable For Delav <br /> <br />It is expressly agreed that in no event shall the City be liable or responsible a the <br /> <br />Authority or any other person for or on account of, any stoppage or delay in the work herein <br /> <br />provided for by injunction or other legal or equitable proceedings, or from or by or on account of <br /> <br />any delay for any cause over which the City has no control. <br /> <br />12 <br /> <br />HOU:2680299.1 <br />