Resolution 2006-46 - Laserfiche WebLink

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Withdrawal of Board. Funding; Terrninatian of Agreement. Anything else in this rn ent or otherw ise to the contrary notwithstanding. the Board may withdraw funding for the Project andlor terminate this Agreement if the Board determines in its discretion that (A) facts have arisen or situations have occurred that f:undarnentally alter the expectations ol'the parties or make the purposes for the Grant as contemplated infeasible or unpractical; (B) any material changes in the scope or nature of the Project have occurred from that which was scnted in the. Project Application (and such material change(s) has not received the prior t + ° n approval of GOCO). (C) any statement or representation :made by the Grantee in the Project Application or this Agreement is untrue, inaccurate or incomplete in any material respect, (D) the results of GOCO's Project Expenditure Documentation revi are not acceptable to GOCO; (E) GOCO determines in its discretion that the Project cannot be completed within the Timeline or any extensions granted thereto, or within the Budget or any modifications granted thereto; or (F) sufficient net lottery proceeds are not available to fund the Project. 20, Completion Date. Grantee shall complete the project no later than (June 20, 2008) (the "Completion Date ") which is two calendar years after the Board's approval of the Project.: Grantee may request an extension of the Completion Date in compliance with GOCO's Overdue Gram Policy, a copy of which is attached as Appendix H ( "Overdue Grant Policy"). In addition to other rights set forth in this Agreement, the Board may elect to terminate this Agreement and d.eauthorize the Project in the event this Completion Date is not met or an extension is not sought andlor granted as provided by the Overdue Grant Policy. lithe Grantee determines with reasonable probability that the Project will not or cannot he completed as reflected in the Project Application, the Grantee will promptly so advise the Board, and cooperate in good faith with respect to alternative solutions to the problem before any further funds are advanced, 2l. Breach. In the event that the Grantee breaches any of the terms, covetants, representations, or conditions of this Agreement, the Board may elect to enforce any and all remedies available at law or in equity, inelu.din.g without limitation, am if the .following: o payment of Grant: Withdraw the Grant and terminate this Agree ent; and, Deny the Grantee eligibility for participation in future Board grants, loans or projects. enlent: Deny the Grantee Pro u s _Re er ce- Number» 6I2& m . {'JfJ b, After pay - rent (partial or full) of Gra ibility for participation in future Board , gra Seek specific performance of the Grantee' i. Receive reimbursement in full of the original Grant, der this