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Commercial_Loan_Agreement_Between_City_of_SL_&_EJU CO_INC.
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Commercial_Loan_Agreement_Between_City_of_SL_&_EJU CO_INC.
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4/7/2026 12:55:59 PM
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4/2/2026 3:51:30 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
3/6/2026
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12 <br /> <br />7.15 ACTION BY THE CITY. Except as may be otherwise specifically provided <br />herein, whenever any approval, notice, direction, or consent by the City is required or <br />permitted under this Agreement, such action shall be in writing, and such action may be <br />given, made or taken by the City Manager or by any person who shall have been <br />designated by the City Manager, without further approval by the City Council. <br /> <br />7.16 NON-LIABILITY OF CITY AND CITY OFFICIALS, EMPLOYEES AND <br />AGENTS. No member, official, employee or agent of the City shall be personally liable to <br />Owner or any successor in interest to any of the foregoing in the event of any default or <br />breach by the City, or for any amount of money which may become due to Owner or <br />Owner’s successor in interest or for any obligation of City under this Agreement. <br /> <br />SIGNATURES ON FOLLOWING PAGE(S). <br />Docusign Envelope ID: 16604ABF-1E5B-4046-BDCC-4BD015B716C5
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