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Resolution 2020-19
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Resolution 2020-19
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Last modified
5/7/2024 3:12:03 PM
Creation date
3/4/2020 3:11:18 PM
Metadata
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Template:
City Council Records
Also Known As (aka)
BAP Corvus Nidus LLC
Doc Type
Resolution
Signed Date
3/3/2020
Ord/Res - Year
2020
Ord/Res - Number
19
Cross-Reference
dba The Rose and Raven
Original Hardcopy Storage
9C5
Record Series Code
45.160
Record Series Name
Resolutions
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1 a Le al Challen e! Escrow. The C#y shall have Fno, obligation to _make any <br />rebate payment `hereu:nder during the pendency of any legal challenge to <br />this Agreement: The parties covenant- that nether- will ir��tiate :any legal <br />challenge to the validity 'or enforceability of this Agreement, and the <br />parties will cooperate in defending the. validity or- enforceability of this <br />Agreement against any challenge by any third: party. Any funds <br />appropriated for payn 6ht under thin Agreement shall be escrowed ,in .a <br />separate City ::account in :the :event there is a legal challenge _to this <br />Agreement,. <br />16,Assigriment This Agreement is, personal to the Company ,and the <br />Cornpany may. not assignany of the obligations, benefits° de prcivislons ,of <br />the Agreement in whole .or in 'any ,part without the ::express. written <br />au-horrzation of ;the City Council of the City. ,Any purportetl assignment, <br />transfer, pledge, or_ encumbrance made without such prior written <br />authorization shall be"void, <br />17 NO ;Joint :Denture Nothing :is this Agreement is .;intended- or shall be <br />construed 'to create a joint venture between the City and the Company and <br />ttie City shall noVer be Fable or, responsible for any debt or obligation of <br />Company:_ <br />This Agreemen# is enacted this day of f , 2020 <br />CQIViIS-IIIDU,: LLC CITY C)F LlUIBVILl.E <br />Colorado limited Lability company <br />J�esident <br />tinsons hley St' z ann <br />Mayor: <br />A.TTE$T <br />M.9yothuth, "city er. <br />
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