R2011-95 AUTHORIZING EXECUTION OF INTERGOVERNMENTAL AGREEMENT Lakefront Development

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-3- B. Notice of termination shall be given to the City by delivering such to the City Clerk. C. Notice of the termination shall be given to the Park by delivering such to the Executive Director. SECTION 6: OWNERSHIP AND OPERATION OF IMPROVEMENTS Improvements constructed for the Development shall be owned, operated and/or maintained as provided for in the specific Supplemental Agreements governing a specific project, facility or activity of the Development. SECTION 7: UTILIZATION OF GOVERNMENTAL JOINT PURCHASING ACT 'The parties agree that they will cooperate to the extent allowable in utilization of the Governmental Joint Purchasing Act. SECTION 8: ASSIGNMENT The parties agree that they may not and will not assign their interests or responsibilities under this Agreement without the express written consent of the other party. SECTION 9: RECORDS AND ACCOUNTS A. The parties agree to maintain complete records, statements and accounts concerning the Development, including, but not limited to, separate records, statements and accounts for each specific Agreement entered into by the parties concerning specific additional activities, facilities and projects of the Development. B. The parties hereby acknowledge and recognize that the records,statements, accounts and other documents are subject to the Illinois Freedom of Information Act and agree to cooperate and assist each other in the compliance of said Act. SECTION 10: MISCELLANEOUS PROVISIONS A. Modifications to this Agreement shall be made in writing upon agreement of the parties. B. If any provision of this Agreement is found to be void or unenforceable for any reason by any court or other body of competent jurisdiction,the remaining provisions hereof shall be unaffected by such decision or decisions and shall remain in full force and effect. C. All previous Intergovernmental Agreements heretofore entered into by the City and Park and not in conflict with this instant Agreement are not, by this Agreement, hereby impaired or limited in any manner, and said previous Intergovernmental Agreements or amendments to such Agreements remain in full force and effect.