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R95-43 AUTHORIZING SITE PARTICIPATION AGREEMENT
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R95-43 AUTHORIZING SITE PARTICIPATION AGREEMENT
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7/11/2016 2:07:26 PM
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7/11/2016 2:07:23 PM
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Resolution/Ordinance
Res Ord Num
R95-43
Res Ord Title
AUTHORIZING SITE PARTICIPATION AGREEMENT
Approved Date
4/17/1995
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. � <br /> � j� , , <br /> r �. <br /> `' F. The Parties recognize that although this Agreement does not address <br /> sharing of costs or any Party's liability for remedial action for contamination associated with <br /> the Carveout Area and the City Property , an agreement addressing such costs or liabiiity <br /> may be appropriate in the future. <br /> NOW, THEREFaRE, for �10 and other good and valuable consideration set <br /> forth herein, the receipt and sufficiency of which are acknowledged by all Parties, the Parties <br /> agree as foilows: <br /> AR'I'ICLE 1: DEFINTITONS <br /> 'Parties"shall mean Mueller, BorQ-Warner, Zexei, and the City,each of whom <br /> individually shall be a "Party". <br /> "Allocation Percentages" shall mean the percentages that are to be appiied to <br /> a category of Shared Costs to determine the amount of those Shared Costs each Party shall <br /> be obligated to pay. <br /> "Carveout Area Shared Costs" shall mean all costs and e�enses incurred by <br /> the Parties subsequent to the date of this Agreement for the Work on the Carveout Area <br /> and other items directly related thereto paid pursuant to invoices from the Project Manager. <br /> "City Property Shared Costs"shall mean all costs and e�enses incurred by the <br /> Parties subsequent to the date of this Agreement for the Work on the City Property and <br /> other items directly related thereto paid pursuant to invoices from the Project Manager. <br /> 3 <br />
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