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Inst 2011 Agmt Wm Mathews Inc
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Inst 2011 Agmt Wm Mathews Inc
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12/13/2011 9:18:06 AM
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12/13/2011 9:17:43 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Recorded Document Type
Development Agreement
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PERM
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ARTICLE 9. <br /> MISCELLANEOUS PROVISIONS <br /> 9.1. Limitation on Liability. <br /> Notwithstanding anything to the contrary contained in this Development Agreement, in <br /> no event shall: (a) any partner, officer, director, member, shareholder, employee, affiliate, <br /> manager, representative, or agent of Developer or any general partner of Developer or its general <br /> partners be personally liable for any breach of this Development Agreement by Developer, or for <br /> any amount which may become due to City under the terns of this Development Agreement; or <br /> (b) any member, officer, agent or employee of City be personally liable for any breach of this <br /> Development Agreement by City or for any amount which may become due to Developer under <br /> the terms of this Development Agreement. <br /> 9.2. Force Majeure. <br /> The Term of this Development Agreement and the Project Approvals and the time within <br /> which Developer shall be required to perform any act under this Development Agreement shall <br /> be extended by a period of time equal to the number of days during which performance of such <br /> act is delayed unavoidably and beyond the reasonable control of the Party seeking the delay by <br /> strikes, lock -outs and other labor difficulties, Acts of God, inclement weather, failure or inability <br /> to secure materials or labor by reason of priority or similar regulations or order of any <br /> governmental or regulatory body, changes in local, state or federal laws or regulations, any <br /> development moratorium or any action of other public agencies that regulate land use, <br /> development or the provision of services prevents, prohibits or delays construction of the Project, <br /> enemy action, civil disturbances, wars, terrorist acts, fire, unavoidable casualties. litigation <br /> involving this Agreement or the Project Approvals, or any other cause beyond the reasonable <br /> control of Developer which substantially interferes with carrying out the development of the <br /> Project. Such extension(s) of time shall not constitute an Event of Default and shall occur at the <br /> request of any Party. In addition, the Term of this Development Agreement and any subdivision <br /> map or any of the other Project Approvals shall not include any period of time during which (i) a <br /> development moratorium including, but not limited to, a water or sewer moratorium, is in effect; <br /> (ii) the actions of public agencies that regulate land use, development or the provision of services <br /> to the Property prevent, prohibit or delay either the construction, funding or development of the <br /> Project or (iii) there is any mediation, arbitration; litigation or other administrative or judicial <br /> proceeding pending involving the Vested Elements, or Project Approvals. The Term of the <br /> Project Approvals shall therefore be extended by the length of any development moratorium or <br /> similar action; the amount of time any actions of public agencies prevent, prohibit or delay the <br /> construction, funding or development of the Project or prevents, prohibits or delays the <br /> construction, funding or development of the Project; or the amount of time to finally resolve any <br /> mediation, arbitration, litigation or other administrative or judicial proceeding involving the <br /> Vested Elements. or Project Approvals. Furthermore, in the event the issuance of a building <br /> permit for any part of the Project is delayed as a result of Developer's inability to obtain any <br /> other required permit or approval, then the Term of this Development Agreement shall be <br /> extended by the period of any such delay. <br />
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