My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2014-120 AUTHORIZING THE AMENDED AND RESTATED RAW WATER SUPPLY AGREEMENT
COD
>
City Clerk
>
RESOLUTIONS
>
2014
>
R2014-120 AUTHORIZING THE AMENDED AND RESTATED RAW WATER SUPPLY AGREEMENT
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/24/2015 9:42:25 AM
Creation date
7/24/2015 9:42:22 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2014-120
Res Ord Title
AUTHORIZING THE AMENDED AND RESTATED RAW WATER SUPPLY AGREEMENT WITH ARCHER DANIELS MIDLAND COMPANY
Department
Water
Approved Date
10/6/2014
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
35
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
w <br /> 20. Non-Agency. It is agreed that the City is not an agent of ADM and shall <br /> not incur any costs or expenses on behalf of ADM, and that ADM is not an agent of the <br /> City and shall not incur any costs or expenses on behalf of the City. <br /> 21. Default. If either party in default with respect to, breaches or fails to <br /> perform one or more of the representations, covenants, warranties or other terms of this <br /> Agreement, and such default, breach or failure is not cured or corrected within fifteen <br /> (15) business days after receipt of written notice thereof given by the other party, the <br /> other party shall be entitled to (i) terminate this Agreement, (ii) sue for specific <br /> performance, and (iii) pursue any and all remedies available at law or in the equity, <br /> including without limitation, recovery of the actual costs incurred in connection with the <br /> transaction contemplated in this Agreement. <br /> 22. Term. This Agreement shall have a term of twenty (20) years <br /> commencing on the Closing Date of the acquisition by ADM of the City's North Plant. <br /> This Agreement shall automatically renew for terms of five (5) years, unless either party <br /> gives written notice not less than one (1) year prior to the expiration of the current term <br /> that the party does not desire that the Agreement be renewed. <br /> 23. Complete Agreement. This Agreement sets forth the complete <br /> understanding between the City and ADM, and any amendment hereto to be effective <br /> must be in writing. <br /> 15 <br />
The URL can be used to link to this page
Your browser does not support the video tag.