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10A Action Item 2017 0206
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10A Action Item 2017 0206
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1/31/2017 6:52:02 PM
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1/31/2017 6:51:57 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
2/6/2017
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PERM
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Reso 2017-015
(Approved by)
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\City Clerk\City Council\Resolutions\2017
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7.2 No Third Party Claims. Nothing contained in this Agreement shall create or <br />justify any claim against the City by any third person whom Borrower may have employed or <br />contracted or may employ or contract relative to the purchase of any material, supplies or <br />equipment, or the furnishing or the performance of any work or services with respect to any programs or projects being undertaken by Borrower. <br /> <br />7.3 Conflict of Interest. Except for approved eligible administrative or personnel <br />costs, no employee, agent, consultant, officer or official of the City or the Borrower who <br />exercises or has exercised any function or responsibilities with respect to activities assisted by tax increment funds in whole or in part, or who is in a position to participate in a decision-making process or gain inside information with regard to such activities assisted under this <br />Agreement, may obtain a personal or financial interest in or benefit from the activities assisted <br />under this Agreement, or have an interest, direct or indirect, in any contract, subcontract or <br />agreement with respect thereto, or in the proceeds thereunder either for himself/herself or for those with whom he/she has family or business ties, during his/her tenure and for one year thereafter. <br /> <br />7.4 Notices. Any notice, request or consent required pursuant to the Loan Documents <br />shall be deemed delivered upon receipt when delivered personally or by facsimile transmission, provided that a transmission report is generated reflecting the accurate transmission thereof, or three (3) business days after being deposited in the U.S. mail, first class postage prepaid, return <br />receipt requested, or one (1) day after deposit with a nationally recognized overnight carrier <br />addressed as follows: <br /> City: City of San Leandro 835 East 14th Street <br />San Leandro, CA <br /> Attn: City Manager <br /> Copy to: City Attorney <br /> Meyers, Nave, Riback, Silver & Wilson <br /> 555 – 12th Street, Suite 1500 <br /> Oakland, CA 94607 <br /> Attn: Richard Pio Roda, City Attorney <br /> Borrower: BRIDGE Economic Development Corporation <br /> 600 California Street, Suite 900 <br />San Francisco, CA 94108 <br /> Attn: Vice President <br />or to such other addresses as the parties may designate by notice as set forth above. <br /> <br />7.5 Successors and Assigns. All of the terms of the Loan Documents shall apply to <br />and be binding upon, and inure to the benefit of, the successors and permitted assigns of the City and Borrower, respectively, and all persons claiming under or through them. <br /> <br />135
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