Resolution 2015-48 - Laserfiche WebLink

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severable from the remainder of this Agreement and shall in no way affect any other covenant or condition herein contained. If such condition, covenant or other provision shall be deemed invalid due to its scope or breadth, such provision shall be deemed valid to the extent of the scope or breadth permitted by law. 9.11 Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES. PURCHASER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDEBTEDNESS OF SUCH DISTRICTS, EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. 9.12 Further Acts. Each of the parties hereto covenants and agrees with the other,.upon reasonable request from the other, from time to time, to execute and deliver such additional documents and instruments and to take such other actions as may be reasonably necessary to give effect to the provisions of this Agreement. 9.13 Amendment. This Agreement shall not be amended, altered, changed, modified, supplemented or rescinded in any manner except by a written agreement executed by Purchaser and Seller. 9.14 Tenant Lease Termination. Purchaser is a related party to the current tenant with a lease for a portion of the Land. There shall be delivered at, and as a condition of closing, a termination and release of such existing lease, releasing parties of all obligations under the lease except tenant's indemnification obligations. Seller shall at closing and at its election, either deliver separately or credit to Purchaser all or such portion of the security deposit as is required to be returned to tenant under the terms of said lease. 9.16 Revocable License for Seller upon Lot 3. Seller will maintain ownership of Lot 3, Block 4, Louisville, Colorado adjacent to the Land, upon which an existing building attached to the building on the Land resides. At closing, Seller and Purchaser will enter into a Revocable License Agreement in form attached as Exhibit B to allow use of the building on Lot 3 to continue for the period and upon such terms as are set forth in the Revocable License Agreement. The Revocable License Agreement shall not be recorded. 9.17 Parking Lease. At closing, Purchaser and Seller will enter into a lease in the form attached as Exhibit C for 12 parking stalls upon Lot 3. 12