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<br />Agency shall not be obligated to seek approval of the DDA from its governing board unless and <br />until the documents required by this Section have been provided. <br /> <br />10. Relationship of the Parties. The Parties agree that nothing in this Agreement shall be <br />deemed or interpreted to create between them the relationship of lessor and lessee, of buyer and <br />seller, or of partners or joint venturers. <br /> <br />11. Disclosure. <br />A. Developer warrants that none of its principals, officers, partners, joint venturers, <br />employees, associates, nor affiliates who have any economic interest in this Agreement, the <br />contemplated DDA, or the Project, have a familial, financial, or other material relationship with <br />i) any or all of the third party owners of the Property, or ii) any elected or appointed official and <br />employee of the Agency. <br />B. Agency warrants that none of its elected or appointed officials and employees have <br />any economic interest in this Agreement, the contemplated DDA, or the Project; nor do they <br />have any familial, financial, or other material relationship with i) Developer's principals, <br />officers, partners, joint venturers, employees, associates, or affiliates, or ii) any or all of the third <br />party owners of the Property. <br /> <br />12. Expenses. Except as otherwise expressly provided herein, all costs and expenses <br />(including, without limitation, all legal fees and expenses) incurred in connection with this <br />Agreement and the activities contemplated hereby shall be paid by the Party incurring the same. <br /> <br />13. Confidentiality; Dissemination ofInformation. During the term of this Agreement, each <br />Party shall obtain the consent of the other Party prior to issuing or permitting any of its officers, <br />employees or agents to issue any press release or other information to the press with respect to <br />this Agreement; provided however, no Party shall be prohibited from supplying any information <br />to its representatives, agents, attorneys, advisors, financing sources and others to the extent <br />necessary to accomplish the activities contemplated hereby so long as such representatives, <br />agents, attorneys, advisors, financing sources and others are made aware of the terms of this <br />Section. Nothing contained in this Agreement shall prevent either Party at any time from <br />furnishing any required information to any governmental entity or authority pursuant to a legal <br />requirement or from complying with its legal or contractual obligations. Nothing contained in <br />this section 13 shall be construed or interpreted to prevent or restrain compliance with the <br />provisions of the California Public Records Act or the Ralph M. Brown Act. <br /> <br />14. Execution of Disposition and Development Agreement. If the Parties successfully <br />negotiate a DDA, Agency shall promptly conduct the noticed public hearing required by <br />Community Redevelopment Law (California Health & Safety Code Section 33300 et seq.), shall <br />comply with all applicable requirements of the California Environmental Quality Act (CEQA), <br />and shall recommend approval of the DDA to the Agency's governing board. The Agency shall <br />have no legal obligation to grant any approvals or authorizations for the Project until the DDA <br />has been approved by the Agency governing board. <br /> <br />15. Termination. This Agreement may be terminated at any time by mutual consent of the <br />Parties. Agency shall have the right to terminate this Agreement upon its good faith <br /> <br />Olson ENRA <br />Page 5 of 11 <br />June 2005 <br />