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Reso 1996-166 to 170
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Reso 1996-166 to 170
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/31/1996
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state or disclose any material fact in connection with the transaction contemplated by <br />this Agreement. Agency knows of no facts, nor has Agency failed to disclose any fact, <br />which would prevent Developer from using and operating the Property after Closing <br />in the manner in which it is intended to be operated by Developer. <br />3.18 Time is of the Essence. <br />In all matters under this Agreement, the Parties agree that time is of the <br />essence. <br />This Agreement consists of the text of the Agreement and the attached <br />Exhibits and constitutes the entire understanding and agreement of the Parties. <br />3.20 Good Faith. <br />The Parties recognize that it is impractical in this Agreement to provide for <br />every contingency which may arise during the life of the Agreement, and the Parties <br />hereby agree that it is their intention that this Agreement shall operate fairly between <br />them and without detriment to the interests of either of them, and that, if during the <br />term of this Agreement either Party believes that this Agreement is operating unfairly, <br />the Parties will use their best efforts to agree on such action as may be necessary to <br />remove the cause or causes of such unfairness. <br />WHEREFORE, the Parties have executed this Agreement in triplicate on or as <br />of the date first above written. <br />REDEVELOPMENT AGENCY OF THE <br />CITY OF SAN LEANDRO <br />By: U(:�� <br />WAN YCZ <br />Interi e ve Director <br />Disposition and Development Page 38 of 39 <br />Agreement (Automall) <br />10/2J96 <br />
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