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10B Action 2012 0117
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10B Action 2012 0117
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Last modified
1/20/2012 5:54:50 PM
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1/10/2012 5:11:24 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
1/17/2012
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_CC Agenda 2012 0117 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0117
Reso 2012-006
(Reference)
Path:
\City Clerk\City Council\Resolutions\2012
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the affected Party specifically or the economy generally, changes in market conditions or <br />demand, and /or inability to obtain financing to complete the work of Improvements shall not <br />constitute grounds of enforced delay pursuant to this Section. Each Party expressly assumes the <br />risk of such adverse economic or market changes and /or financial inability, whether or not <br />foreseeable as of the Effective Date. <br />11.3 Notices. Except as otherwise specified in this Agreement, all notices to be sent <br />pursuant to this Agreement shall be made in writing, and sent to the Parties at their respective <br />addresses specified below or to such other address as a Party may designate by written notice <br />delivered to the other Parties in accordance with this Section. All such notices shall be sent by: <br />(i) personal delivery, in which case notice is effective upon delivery; (ii) certified or registered <br />mail, return receipt requested, in which case notice shall be deemed delivered on receipt if <br />delivery is confirmed by a return receipt; or (iii) nationally recognized overnight courier, with <br />charges prepaid or charged to the sender's account, in which case notice is effective on delivery <br />if delivery is confirmed by the delivery service. <br />City: City of San Leandro <br />835 East 14 Street <br />San Leandro, CA 94577 <br />Attention: City Manager <br />Borrower: Eden Surf Associates, L.P. <br />c/o Eden Housing, Inc. <br />22645 Grand Street <br />Hayward, CA 94541 -5031 <br />Attention: Executive Director <br />With a copy to <br />Alliant Capital, Ltd. <br />21600 Oxnard Street, Suite 1200 <br />Woodland Hills, CA 91367 <br />Attention: Brian Goldberg <br />Telephone: (818) 668 -6800 <br />Telecopy: (818) 668 -2828 <br />11.4 Attorneys' Fees. If either Party fails to perform any of its obligations under this <br />Agreement, or if any dispute arises between the Parties concerning the meaning or interpretation <br />of any provision hereof, then the prevailing Parry in any proceeding in connection with such <br />dispute shall be entitled to the costs and expenses it incurs on account thereof and in enforcing or <br />establishing its rights hereunder, including, without limitation, court costs and reasonable <br />attorneys' fees and disbursements. <br />11.5 Waivers, Modification. No waiver of any breach of any covenant or provision of <br />this Agreement shall be deemed a waiver of any other covenant or provision hereof, and no <br />waiver shall be valid unless in writing and executed by the waiving Parry. An extension of time <br />for performance of any obligation or act shall not be deemed an extension of the time for <br />1755895.2 29 <br />
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