Resolution 2012-48 - Laserfiche WebLink

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14. TAX IMPLICATIONS: The City shall disclose the amount of grant funds distributed to the Owner to the Internal Revenue Service in accordance with the Internal Revenue Code and shall provide to the Owner and IRS Form 1099 showing the amount received. The Owner acknowledges and understands that the Grant may constitute taxable income. The City makes no representations or warranties concerning the tax consequences to the Owner as a result of receiving the grant funds. 15. FAILURE TO COMPLY: Any material breach of the terms and conditions of this Agreement shall entitle the non - breaching party to seek equitable relief, including injunction and specific performance, as a remedy for any such breach, in addition to all other remedies available at law or equity. The parties agree that any party that has materially breached the terms and conditions of this Agreement shall receive written notice of said material breach from the non - breaching party and shall then have 30 calendar days in which to cure said breach before any remedies are available to the non - breaching party. 16. NOTICE: Any notices or communication required or permitted hereunder shall be given in writing and shall be personally delivered, or sent by facsimile transmission or by United States mail, postage prepaid, registered or certified mail, return receipt requested, addressed as follows: City: City of Louisville Attn: City Manager 749 Main Street Louisville, CO 80027 Fax: (303) 335 -4550 Owner: Amterre Property Group, LLC 2318 Dennison Lane Boulder, CO 80305 Fax: None. or to such other address or the attention of such other person(s) as hereafter designated in writing by the parties. Notices given in the manner described above shall be effective, respectively, upon personal delivery, upon facsimile receipt, or upon mailing. 17. ENTIRE AGREEMENT; AMENDMENTS: This writing constitutes the entire Agreement between the parties hereto with respect to the subject matter herein, and shall be binding upon and inure to the benefit of the respective successors and assigns of said parties. This Agreement may be amended only by written agreement approved by both parties. 8