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3B Public Hearing 2012 0521
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3B Public Hearing 2012 0521
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5/30/2012 11:46:42 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/21/2012
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_CC Agenda 2012 0521 CS+RG
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\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0521
SA Reso 2012-007
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\City Clerk\City Council\Resolutions\2012
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adjoining or neighboring property; (viii) the quality of any labor and materials used in any <br />improvements on the Property, or (ix) the condition of title to the Property. <br />8.4 Developer to Rely on Own Experts. Developer understands that notwithstanding <br />the delivery by City to Developer of any materials, including, without limitation, third parry <br />reports, Developer will rely entirely on Developer's own experts and consultants and its own <br />independent investigation in proceeding with the acquisition of the Property. <br />8.5 Right of Entry. Prior to the Close of Escrow, Developer and Developer's <br />authorized representatives may enter upon and conduct further reviews and assessments of the <br />physical and environmental condition of the Property and the condition of any existing <br />improvements. City may require Developer to execute a right of entry agreement satisfactory to <br />City prior to entry onto the Property for such purpose and shall require Developer to provide <br />proof of liability insurance acceptable to City. Developer's inspection, examination, survey and <br />review of the Property shall be at Developer's sole expense. Developer shall provide City with <br />copies of all reports and test results promptly following completion of such reports and testing. <br />Developer hereby agrees to notify the City twenty -four (24) hours in advance of its intention to <br />enter the Property and will provide workplans, drawings, and descriptions of any intrusive <br />sampling it intends to do. Developer must keep the Property in a safe condition during its entry. <br />Developer shall repair, restore and return the Property to its condition immediately preceding <br />Developer's entry thereon at Developer's sole expense. Developer will not permit any mechanics <br />liens, stop notices or other liens or encumbrances to be placed against the Property prior to Close <br />of Escrow. Without limiting any other indemnity provisions set forth in this Agreement, <br />Developer shall indemnify, defend (with counsel approved by City) and hold the Indemnitees <br />harmless from and against all Claims resulting from or arising in connection with entry upon the <br />Property by Developer or Developer's agents, employees, consultants, contractors or <br />subcontractors pursuant to this Section 8.5 Developer's indemnification obligations set forth in <br />this Section 8.5 shall survive the Close of Escrow and the termination of this Agreement. <br />8.6 Release by Developer. Effective upon the Close of Escrow, Developer WAIVES, <br />RELEASES, REMISES, ACQUITS AND FOREVER DISCHARGES the City and the Successor <br />Agency and their respective officers, board members, employees, agents, consultants and <br />contractors, and any other person acting on behalf of the City, from any and all Claims, direct or <br />indirect, known or unknown, foreseen or unforeseen, which Developer now has or which may <br />arise in the future on account of or in any way arising out of or in connection with the physical <br />condition of the Property, the presence of Hazardous Materials in, on, under or about the <br />property, or any law or regulation applicable thereto including, without limiting the generality of <br />the foregoing, all Environmental Laws. Nothing contained in this Section 8.6 shall release <br />claims against City for fraud or intentional misrepresentation or prevent Developer from <br />asserting rights to develop the Project, including, without limitation, defending Project <br />entitlements or enforcing Developer's rights under this Agreement pursuant to Section 9.5 <br />DEVELOPER ACKNOWLEDGES THAT DEVELOPER IS FAMILIAR WITH SECTION 1542 <br />OF THE CALIFORNIA CIVIL CODE, WHICH PROVIDES AS FOLLOWS: <br />A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS <br />1875524.3 24 <br />
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