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Resolution 2006-20
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Resolution 2006-20
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Last modified
11/28/2022 9:08:47 AM
Creation date
3/7/2007 3:59:16 PM
Metadata
Fields
Template:
City Council Records
Also Known As (aka)
Cimarron Dr IGA Lafayette
Doc Type
Resolution
Signed Date
5/16/2006
Ord/Res - Year
2006
Ord/Res - Number
20
Cross-Reference
IGA with Lafayette regarding Cimarron Dr
Original Hardcopy Storage
7D5
Record Series Code
45.160
Record Series Name
Resolutions
Supplemental fields
Test
RES 2006-20
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• <br /> • 111111 VIII 1111111 IIII IIII 111111(VIII III VIII IIII 111 280419 <br /> Boulder County Clerk, CO AG R 41.00 D 0.00 <br /> 7. GOVERNING LAW. This Agreement shall be governed by the laws of the State <br /> of Colorado. <br /> 8. EXECUTION IN COUNTERPARTS. This Agreement may be executed in <br /> several counterparts, each of which shall be deemed on original and all of which shall constitute <br /> but one and the same instrument. • <br /> 9. NO THIRD PARTY BENEFICIARIES. This Agreement is intended to describe <br /> the rights and responsibilities only as to the Parties hereto. This Agreement,is not intended and <br /> shall not be deemed to confer any rights on any person or entity not named as a party hereto. <br /> 10. EXECUTION-REOUIRED. This Agreernent.shall not be binding upon any Party <br /> hereto unless and until all of the Parties have executed this Agreement. <br /> 11. TERM. Subject to termination for failure to appropriate as provided below, this <br /> Agreement shall become effective upon its execution by the Parties; shall continue for an initial <br /> term through calendar year 2015; and shall be automatically renewed on a calendar year-to- <br /> calendar year basis thereafter unless terminated by either party in writing served upon the other <br /> party no later than ninety(90) days prior to the expected date of termination. <br /> 12. APPROPRIATIONS. All financial Obligations Of both parties for years beyond <br /> 2006 shall be subject to appropriations by the respective Oven-ling bodies. In the,event that <br /> either party fails to appropriate funds to carry out its financial obligations for any year <br /> subsequent to 2006, this Agreement shall terminate on December 31 of the last year for which <br /> appropriations were made. <br /> 13. MINOR CHANGES. This Agreement has been approved in substantially the <br /> form submitted to the governing bodies of the Parties. The officers executing this Agreement <br /> have been authorized to make and may have made minor changes in the Agreement and attached <br /> exhibits, if any, as they have considered necessary. So long as such changes were consistent <br /> with the intent and understanding of the Parties at the time of approval by the governing bodies, <br /> the execution of this Agreement shall constitute the:approval of such changes by the respective <br /> Patties. <br /> 14. GOOD FAITH_OE.PARTIES. In the performance of this Agreement or in <br /> considering any requested approval, acceptance, or extension of time, the Parties agree that each <br /> will act in good faith and will not act unreasonably, arbitrarily, capriciously, or unreasonably <br /> withhold, condition, or delay any approval, acceptance, or extension of time required or <br /> requested pursuant to this Agreement. <br /> • <br /> 15: RESPONSIBILITY FOR LEGAL PROCEEDINGS. Lafayette shall be <br /> responsible for defending itself, its officers, and employees in any civil action brought against <br /> Lafayette, its officers, and employees by.any person.claiming injury and damages as a result of <br /> the performance of this Agreement. Likewise, Louisville shall be responsible for defending <br /> itself, its officers, and employees in any civil action brought against Louisville, its officers, and <br /> Cimarron Drive IGA Page 4 of 8 - <br />
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