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2A Business Items 2018 0108
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2A Business Items 2018 0108
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1/3/2018 3:52:03 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
1/8/2018
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PERM
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Reso 2018-001
(Reference)
Path:
\City Clerk\City Council\Resolutions\2018
Reso 2018-002
(Reference)
Path:
\City Clerk\City Council\Resolutions\2018
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2890662.3 26 <br />otherwise provided in this Agreement, Developer may bring an action for equitable relief seeking <br />the specific performance of the terms and conditions of this Agreement, and/or enjoining, <br />abating, or preventing any violation of such terms and conditions, and/or seeking to obtain any <br />other remedy consistent with the purpose of this Agreement. <br />10.6 Remedies Cumulative; No Consequential Damages. Except as otherwise <br />expressly stated in this Agreement, the rights and remedies of the Parties are cumulative, and the <br />exercise by any Party of one or more of such rights or remedies shall not preclude the exercise by <br />it, at the same or different time, of any other rights or remedies for the same or any other default <br />by the other Party. Notwithstanding anything to the contrary set forth herein, a party’s right to <br />recover damages in the event of a default shall be limited to actual damages and shall exclude <br />consequential damages. <br />10.7 Inaction Not a Waiver of Default. No failure or delay by any Party in asserting <br />any of its rights and remedies as to any default shall operate as a waiver of such default or of any <br />such rights or remedies, nor deprive any Party of its rights to institute and maintain any action or <br />proceeding which it may deem necessary to protect, assert or enforce any such rights or remedies <br />in the same or any subsequent default. <br />ARTICLE XI <br />INDEMNITY AND INSURANCE. <br />11.1 Indemnity. Developer shall indemnify, defend (with counsel approved by City) <br />and hold Indemnitees harmless from and against any and all Claims, including without <br />limitation, Claims arising directly or indirectly, in whole or in part, as a result of or in connection <br />with Developer’s or Developer’s contractors, subcontractors, agents or employees development, <br />construction, improvement, operation, ownership or maintenance of the Project or the Property, <br />or any part thereof or otherwise arising out of or in connection with Developer’s performance <br />under this Agreement. Developer’s indemnification obligations under this Section 11.1 shall not <br />extend to Claims resulting from the gross negligence or willful misconduct of Indemnitees. The <br />provisions of this Section 11.1 shall survive the issuance of a Certificate of Completion for the <br />Project and the expiration or earlier termination of this Agreement. It is further agreed that City <br />do not and shall not waive any rights against Developer that they may have by reason of this <br />indemnity and hold harmless agreement because of the acceptance by City, or the deposit with <br />City by Developer, of any of the insurance policies described in this Agreement. <br />11.2 Liability and Workers Compensation Insurance. <br />. (a) Developer and all contractors working on behalf of Developer on the Project shall <br />maintain a commercial general liability policy in the amount of Two Million Dollars <br />($2,000,000) combined single limit, Four Million Dollars ($4,000,000) annual aggregate, or such <br />other policy limit as City may require in their reasonable discretion, including coverage for <br />bodily injury, property damage, products, completed operations and contractual liability <br />48
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