My WebLink
|
Help
|
About
|
Sign Out
Home
5A Consent
CityHall
>
City Clerk
>
City Council
>
Agenda Packets
>
2024
>
Packet 20240304
>
5A Consent
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/22/2024 3:09:14 PM
Creation date
3/21/2024 5:44:16 PM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
3/4/2024
Retention
PERM
Document Relationships
Reso 2024-016 Pacific West Communities and BART
(Amended)
Path:
\City Clerk\City Council\Resolutions\2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
15
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
⦁ City Indemnity. City is responsible for HCD fund disbursement to the District <br />(“City Obligations”). City shall indemnify, defend, protect, and hold harmless the District <br />Indemnified Party and Developer Indemnified Party against any and all Claims, including, <br />without limitation, any direct, indirect or consequential loss, liability, damage, or <br />expense, court costs and attorneys’ fees, arising out of or in connection with City’s <br />performance of or failure to perform its City Obligations, in the manner and within the <br />time periods, and to otherwise perform any covenants, set forth in the AHSC Documents <br />including any claims, losses or liabilities caused by said failure to perform that results in a <br />default under the AHSC Loan. However, in no event shall the District Indemnified Party <br />or the Developer Indemnified Party be indemnified hereunder for any Claims to the extent <br />said Claims result from such party’s gross negligence or willful misconduct. City agrees <br />to pay all of the costs and expenses of the District Indemnified Party and the Developer <br />Indemnified Party, including reasonable attorneys’ fees, which may be incurred in any <br />effort to enforce any term of this Agreement, caused by a City breach of the Agreement, <br />including, but not limited to, all such costs and expenses which may be incurred by any <br />District Indemnified Party and Developer Indemnifed Party in any legal action, mediation, <br />or arbitration proceeding to enforce the terms of this Agreement. <br />⦁ Schedule of Performance; Progress Reports. Developer and District shall <br />comply with the schedule of performance set forth in Exhibit A attached hereto for the <br />completion of their respective obligations hereunder (the “Schedule of Performance”). <br />The District and Developer agree to give the other Party a written quarterly status report <br />on the progress toward the milestones listed in Exhibit A, i.e., the Developer will report <br />on the Developer’s progress on the Housing Project and the District will report on the <br />District’s progress on the BART STI Improvements and BART TRA Improvements. If <br />any Party anticipates not meeting the targeted construction and grant disbursement <br />milestones as established in the AHSC Documents, that Party will promptly notify the <br />other Party in writing and will meet with the other Party to discuss the reasons why the <br />milestone dates may not be met and what actions the delayed Party intends to take to meet <br />the milestones or otherwise rectify the work schedule in order to maintain good standing <br />with the terms and conditions established in the AHSC Documents. <br />⦁ Delegation. Notwithstanding the obligations of each Party under this <br />Agreement, each Party shall be entitled to enter into sub-agreements with each other or <br />with other parties to provide any assistance or services needed for each Party to perform <br />its obligations under this Agreement and the AHSC Documents. <br />⦁ Cost Overruns. Developer shall be responsible for paying all costs <br />required to complete the Developer Obligations, irrespective of whether such costs <br />exceed the AHSC Loan. District shall be responsible for paying all costs required for the <br />Transit Obligations, irrespective of whether such costs exceed the portion of the AHSC <br />Grants designated for the Transit Obligations. City shall have no obligation to pay costs <br />to complete the Developer Obligations or Transit Obligations irrespective of whether <br />such costs exceed the relevant portions of the AHSC Grants or AHSC Loan. <br />5
The URL can be used to link to this page
Your browser does not support the video tag.