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Project Operating Agmt 02012011
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Project Operating Agmt 02012011
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12/13/2022 1:40:53 PM
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12/13/2022 1:40:29 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
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PERM
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contained herein shall be deemed to be and shall be construed to be duties imposed by law and it <br />shall be the duty of each and every public official of User to take such action and do such things <br />as are required by law in the performance of the official duty of such officials to enable such <br />User to carry out and perform the covenants and agreements of such User in this Operating <br />Agreement <br />In the event of abatement of Users Service Payment due to the Project being unavailable <br />for use the Users Authorized Representative and officers charged with the duty of preparing <br />and submitting the annual budget of User to its legislative body shall include in the proposed <br />budget and request that the legislative body include in the final approved budget and thereby <br />appropriate any amount necessary to replenish the Reserve and Replacement Fund in the amount <br />of such Users abated Service Payment Such officers shall use their best efforts to obtain such <br />appropriation The request for inclusion in the final approved budget and appropriation shall be <br />made in each Fiscal Year following any such abatement so long as is necessary to restore the <br />Reserve and Replacement Fund Notwithstanding the foregoing provisions of this paragraph the <br />decision of the legislative body as to whether or not to approve and appropriate any amount <br />under this paragraph in any given Fiscal Year for the purpose of reinstating the Reserve and <br />Replacement Fund Requirement is in the sole and sound discretion of such legislative body and <br />the failure to make any such appropriation in any given Fiscal Year shall not constitute an Event <br />of Default under this Operating Agreement <br />Section 303 Reserved <br />Section 304 Abatement of Payment of User Payments <br />If the Project shall be taken permanently under the power of eminent domain or sold to a <br />government threatening to exercise the power of eminent domain this Operating Agreement <br />shall cease with respect thereto as of the day possession shall be so taken If less than all of the <br />Project shall be taken permanently or if the Project or any portion thereof shall be taken <br />temporarily under the power of eminent domain and there is a resulting substantial interference <br />with the service provided by the Project then a this Operating Agreement shall continue in full <br />force and effect with respect thereto and shall not be terminated by virtue of such taking and the <br />parties hereto waive the benefit of any law to the contrary and b there shall be a partial <br />abatement of the User Payments in a commercially reasonable amount to be determined by the <br />Authority such that the resulting User Payments represent fair consideration for the service <br />provided by the remaining usable components of the Project The User Payments shall be abated <br />during any period in which there is a material failure by the Authority to provide radio service <br />from the Project to such User The amount of such abatement shall be determined by the <br />Authority such that the resulting User Payments represent fair consideration for the service <br />provided by the portions of the Project not damaged or destroyed Such abatement shall continue <br />for the period commencing with such material damage or destruction and ending with the <br />substantial completion of the work of repair or reconstruction In the event of any such material <br />damage destruction or malfunction this Operating Agreement shall continue in full force and <br />effect and User waives any right to terminate this Operating Agreement by virtue of any such <br />damage and destruction <br />Section 305 Receipt and Deposit of User Payments <br />9 <br />Pr oj e c t Operating Agreement 1 1 17 10 <br />City Attorney Group
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