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Resolution 2012-08
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Resolution 2012-08
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Last modified
3/21/2023 10:37:41 AM
Creation date
2/8/2012 9:35:45 AM
Metadata
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City Council Records
Also Known As (aka)
BAP Gravity Brewing LLC
Doc Type
Resolution
Signed Date
2/7/2012
Ord/Res - Year
2012
Ord/Res - Number
08
Property Address Number
1150
Property Address Street Name
Pine
Original Hardcopy Storage
7D5
Record Series Code
45.160
Record Series Name
Resolutions
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RES 2012-08
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constitutional or statutory provision, and the City's obligations hereunder are <br /> expressly conditional upon annual appropriation by the City Council, in its sole <br /> discretion. Gravity Brewing LLC understands and agrees that any decision of <br /> City Council to not appropriate funds for payment shall be without penalty or <br /> recourse to the City and, further, shall not affect, impair, or invalidate any of the <br /> remaining terms or provisions of this Agreement. <br /> 8. Governing Law: Venue. This Agreement shall be governed and <br /> construed in accordance with the laws of the State of Colorado. This Agreement <br /> shall be subject to, and construed in strict accordance with, the Louisville City <br /> Charter and the Louisville Municipal Code. In the event of a dispute concerning <br /> any provision of this Agreement, the parties agree that prior to commencing any <br /> litigation, they shall first engage in a good faith the services of a mutually <br /> acceptable, qualified, and experience mediator, or panel of mediators for the <br /> purpose of resolving such dispute. In the event such dispute is not fully resolved <br /> by mediation or otherwise within 60 days a request for mediation by either party, <br /> then either party may commence legal proceedings regarding the dispute. The <br /> venue for any lawsuit concerning this agreement shall be in the District Court for <br /> Boulder County, Colorado. <br /> 9. Legal Challenge; Escrow. The City shall have no obligation to make <br /> any rebate payment hereunder during the pendency of any legal challenge to this <br /> Agreement. The parties covenant that neither will initiate any legal challenge to <br /> the validity or enforceability of this Agreement, and the parties will cooperate in <br /> defending the validity or enforceability of this Agreement against any challenge <br /> by any third party. Any funds appropriated for payment under this Agreement <br /> shall be escrowed in a separate City account in the event there is a legal <br /> challenge to this Agreement. <br /> 10. Assignment. This Agreement is personal to Gravity Brewing LLC may <br /> not assign any of the obligations, benefits or provisions of the Agreement in <br /> whole or in any part without the expressed written authorization of the City <br /> Council of the City. Any purported assignment, transfer, pledge, or encumbrance <br /> made without such prior written authorization shall be void. <br /> 11. No Joint Venture. Nothing is this Agreement is intended or shall be <br /> construed to create a joint venture between the City and Gravity Brewing LLC <br /> LLC and the City shall never be liable or responsible for any debt or obligation of <br /> Gravity Brewing LLC. <br />
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