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R2017-136 Authorizing Redevelopment Agreement Liaison Home Automation 288 N Park St
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R2017-136 Authorizing Redevelopment Agreement Liaison Home Automation 288 N Park St
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1/16/2018 11:37:54 AM
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Resolution/Ordinance
Res Ord Num
R2017-136
Res Ord Title
Redevelopment Agreement Liaison Home Automation 288 N Park Street
Department
Econ and Com Dev
Approved Date
11/20/2017
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Book: 41599 Page: 346 <br /> ARTICLE XVI:TERMS OF THE AGREEMENT <br /> 16.1 The terms and conditions set forth in this Agreement and exhibits attached hereto supersede <br /> all prior oral and written understandings and constitute the entire agreement between the <br /> City,the Redeveloper,and the Project Site Owner with respect to the subject matter hereof. <br /> 16.2 Wherever possible, each provision hereof shall be interpreted in such manner as to be <br /> effective and valid under applicable law, but in case any one or more of the provisions <br /> contained herein shall,for any reason,be held to be invalid,illegal or unenforceable in any <br /> respect, such provision shall be ineffective to the extent, but only to the extent, of such <br /> invalidity, illegality, or unenforceable provision or provisions or any other provisions <br /> hereof, unless such a construction would be unreasonable. <br /> 16.3 This Agreement may be executed in one or more counterparts, each of which shall be <br /> considered an original instrument, but all of which shall be considered one and the same <br /> Agreement,and shall become binding when one or more counterparts have been signed by <br /> each of the parties hereto and delivered to each of the parties hereto. <br /> 16.4 This Agreement shall be governed by and construed in accordance with the laws of the <br /> State of Illinois. <br /> 16.5 The language used in this Agreement shall be deemed to be the language chosen by the <br /> parties hereto to express their mutual intent, and no rule of strict construction will be <br /> applied against either party,regardless of which is the drafter. <br /> 16.6 All headings contained in this Agreement are for convenience of reference only and shall <br /> not be interpreted to expand or limit any provision hereof. <br /> 16.7 Each of the above said parties represents and warrants that each of the above said parties <br /> has the right and legal authority to execute this Agreement. Each of the above said parties <br /> further acknowledges and represents to one another that the representatives who execute <br /> this Agreement have the authority under the law to execute this Agreement and to bind <br /> their respective principals to the obligations under this Agreement and further, that any <br /> legal requirements conferring authority upon the representatives who execute this <br /> Agreement have been met by each of the respective parties as required by law. <br /> City of Decatur/LIAISON HOME AUTOMATION,LLC 20 <br />
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