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City Council Agenda and Packet 2025 07 08
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City Council Agenda and Packet 2025 07 08
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City Council Records
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7/8/2025
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City Council Packet
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8. Continuing Cooperation; Additional Agreements. The Parties shall cooperate to <br />carry out and complete the urban renewal plans approved by the City Council. It is contemplated <br />that additional agreements may be required to plan and carry out urban renewal projects in <br />accordance with the provisions of any such urban renewal plan and the Act. The Parties agree to <br />cooperate and give timely consideration to any additional agreements or amendments to this Fourth <br />Amended and Restated Cooperation Agreement that may be necessary or convenient in connection <br />with such activities and undertakings; provided, however, nothing in this Fourth Amended and <br />Restated Cooperation Agreement shall preclude or require the commitment of additional revenue, <br />financing, or services by either Party in connection with such activities and undertakings. <br />97. Obligations Subiect to Act, Charter, and Constitution. The covenants, duties and <br />actions required of the Parties under this Fourth Amended and Restated Cooperation Agreement <br />shall be subject to and performed in accordance with the provisions and procedures required and <br />permitted by the -Charter, the Act, any other applicable provision of law, and the Colorado <br />Constitution. <br />810. Enforced Delay. Neither Party shall be considered in breach of, or in default in, its <br />obligations with respect to this Fourth Amended and Restated Cooperation Agreement in the event <br />of delay in the performance of such obligations due to causes beyond its control and without its <br />fault, it being the purpose and intent of this provision that if such delay occurs, the time or times <br />for performance by either Party affected by such delay shall be extended for the period of the <br />delay. <br />911. No Third Party Beneficiaries. Neither the City nor the LRC shall be obligated or <br />liable under the terms of this Fourth Amended and Restated Cooperation Agreement to any person <br />or entity not a party hereto. <br />4-012. Severabilitv. In case any one or more of the provisions contained in this Fourth <br />Amended and Restated Cooperation Agreement or any application thereof, shall be invalid, illegal <br />or unenforceable in any respect, the validity, legality and enforceability of the remaining <br />provisions of this Fourth Amended and Restated Cooperation Agreement, or any other application <br />thereof, shall not in any way be affected or impaired thereby. <br />4413. Binding Effect. Subject to compliance with Section 4-3 15, below, this Fourth <br />Amended and Restated Cooperation Agreement shall be binding upon and inure to the benefit of <br />the Parties, their successors, legal representatives, and assigns. <br />1 214. City and LRC Separate. Nothing in this Fourth Amended and Restated Cooperation <br />Agreement shall be interpreted in any manner as constituting the City or its officials, <br />representatives, consultants, or employees as the agents of the LRC, or the LRC or its officials, <br />representatives, consultants, or employees as the agents of the City. Each entity shall remain a <br />separate legal entity pursuant to applicable law. Neither of the Parties hereto shall be deemed to <br />hereby assume the debts, obligations, or liabilities of the other. The LRC shall be responsible for <br />carrying out its duties and functions in accordance with the Act and other applicable laws and <br />5 <br />13 <br />
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