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02-24-10 Meeting of the La Porte Redevelopment Authority minutes
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02-24-10 Meeting of the La Porte Redevelopment Authority minutes
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4/24/2017 4:29:09 PM
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City Meetings
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La Porte Redevelopment Authority/TIRZ
Meeting Doc Type
Minutes
Date
2/24/2010
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<br />ARTICLE 6 <br />DEFAULT <br /> <br />6.1 Default <br /> <br />(a) If any Party does not perform its obligations hereunder in substantial compliance <br />with this Agreement, in addition to the other rights given the other Parties under this Agreement, <br />such non-defaulting Parties may enforce specific performance of this Agreement or seek actual <br />damages incurred by the Development Corporation and County for any such default. <br /> <br />(b) The Party alleging default shall provide written notice to the other party of such <br />default, and the defaulting party shall have 60 days to remedy the default prior to the declaration <br />of any default hereunder. <br /> <br />ARTICLE 7 <br />GENERAL <br /> <br />7.1 Inspections. audits. The City agrees to keep such records with respect to the <br />Project and all costs associated therewith as may be required by the Authority, the Zone, or by <br />State and federal law or regulation. The City shall allow the Zone access to, and the Zone shall <br />have a right at all reasonable times to audit, all documents and records in the City's possession, <br />custody or control relating to the Project that the Authority deems necessary to assist the <br />Authority in determining the City's, Development Corporation's and County's compliance with <br />this Agreement. <br /> <br />- <br /> <br />- <br /> <br />7.2 City operations and employees. All personnel supplied or used by the City in the <br />performance of this Agreement shall be deemed employees, contractors or subcontractors of the <br />City and will not be considered employees, agents, contractors or subcontractors of the Zone or <br />the Authority for any purpose whatsoever. The City shall be solely responsible for the <br />compensation of all such contractors and subcontractors. <br /> <br />- <br /> <br />7.3 Personalliabilitv of public officials. legal relations. To the extent permitted by <br />State law, no director, officer, employee or agent of the Zone or the Authority shall be personally <br />responsible for any liability arising under or growing out of the Agreement. THE PARTIES SHALL <br />INDEMNIFY AND SA VB HARMLESS EACH OTHER AND THEIR RESPECTIVE OFFICERS. <br />REPRESENTATIVES. AND AGENTS FROM ALL SUITS. ACTIONS. OR CLAIMS OF ANY CHARACTER <br />BROUGHT FOR OR ON ACCOUNT OF ANY INJURIES OR DAMAGES RECEIVED BY ANY PERSON. <br />PERSONS. OR PROPERTY RESULTING FROM THE NEGLIGENT ACTS OF SUCH PARTY. OR ANY OF ITS <br />AGENTS. OFFICERS. OR REPRESENTATIVES IN PERFORMING ANY OF THE SERVICES AND ACTIVITIES <br />UNDER THIS AGREEMENT. The expenses of the Zone or the Authority with respect to this section <br />or Section 7.15, below, shall be satisfied from uncommitted City Net Tax Increment. <br /> <br />- <br /> <br />Page 8 of 11 <br />
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