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annual appropriation by the City Council, in its sole discretion. Company understands <br />and agrees that any decision of City Council to not appropriate funds for payment shall <br />be without penalty or liability to the City and, further, shall not affect, impair, or <br />invalidate any of the remaining terms or provisions of this Agreement. <br />12. Governing Law: Venue. This Agreement shall be governed and construed in <br />accordance with the laws of the State of Colorado. This Agreement shall be subject to, <br />and construed in strict accordance with, the Louisville City Charter and the Louisville <br />Municipal Code. In the event of a dispute concerning any provision of this Agreement, <br />the parties agree that prior to commencing any litigation, they shall first engage in a good <br />faith the services of a mutually acceptable, qualified, and experience mediator, or panel <br />of mediators for the purpose of resolving such dispute. In the event such dispute is not <br />fully resolved by mediation or otherwise within 60 days a request for mediation by either <br />party, 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 Boulder <br />County, Colorado. <br />13. Legal Challenge; Escrow. The City shall have no obligation to make any <br />rebate payment hereunder during the pendency of any legal challenge to this Agreement. <br />The parties covenant that neither will initiate any legal challenge to the validity or <br />enforceability of this Agreement, and the parties will cooperate in defending the validity <br />or enforceability of this Agreement against any challenge by any third party. Any funds <br />appropriated for payment under this Agreement shall be escrowed in a separate City <br />account in the event there is a legal challenge to this Agreement. <br />14. Assignment. This Agreement is personal to Company and Company may not <br />assign any of the obligations, benefits or provisions of the Agreement in whole or in any <br />part without the expressed written authorization of the City Council of the City. Any <br />purported assignment, transfer, pledge, or encumbrance made without such prior written <br />authorization shall be void. <br />15. No Joint Venture. Nothing is this Agreement is intended or shall be <br />construed to create a joint venture between the City and Company and the City shall <br />never be liable or responsible for any debt or obligation of Company. <br />16. No Third -Party Beneficiaries. There are no intended third -party beneficiaries <br />to this Agreement. <br />17. Original Agreement. This Agreement amends, restates and replaces the <br />original agreement between the parties dated September 17, 2013. The above recitals are <br />incorporated in and made a part of this Agreement. <br />SIGNATURE PAGE IS THE FOLLOWING PAGE <br />4 <br />