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Resolution 2023-43
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Resolution 2023-43
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Last modified
11/22/2023 9:57:02 AM
Creation date
7/19/2023 2:00:44 PM
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City Council Records
Also Known As (aka)
BAP Shamrock Foods Company
Meeting Date
7/11/2023
Doc Type
Resolution
Signed Date
7/11/2023
Ord/Res - Year
2023
Ord/Res - Number
43
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Agreement shall be filed in the District Court of Boulder County of the State <br />of Colorado and in no other court or jurisdiction. In the event of a dispute <br />concerning any provision of this Agreement, the parties agree that prior to <br />commencing any litigation, they shall first engage in good faith the services <br />of a mutually acceptable, qualified, and experienced mediator, or panel of <br />mediators for the purpose of resolving such dispute; except that, either party <br />may seek injunctive or other equitable relief in the District Court of Boulder <br />County without first submitting the dispute to mediation. The costs of any <br />mediation shall be split equally between the parties. The costs of any <br />arbitration shall be split equally between the parties. The prevailing party in <br />any proceeding in District Court (or appeals thereof) shall be entitled to <br />reimbursement of its attorney fees related to such proceeding. <br />16. Legal Challenge; Escrow. The City shall have no obligation to make any <br />rebate payment hereunder during the pendency of any legal challenge to <br />this Agreement. The parties covenant that neither will initiate any legal <br />challenge to the validity or enforceability of this Agreement, and the parties <br />will cooperate in defending the validity or enforceability of this Agreement <br />against any challenge by any third party. Any funds appropriated for <br />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 />17. Personal Agreement; Assignment. This Agreement is personal to the <br />Company and does not attach to or run with the Property. Neither party shall <br />record this Agreement in the property records of the Boulder County Clerk <br />and Recorder. The Company may not assign any of the obligations, benefits <br />or provisions of the Agreement in whole or in any part without the express <br />written authorization of the City Council of the City. Any purported <br />assignment, transfer, pledge, or encumbrance made without such prior <br />written authorization shall be void. <br />18. No Joint Venture. Nothing in this Agreement is intended or shall be <br />construed to create a joint venture between the City and the Company and <br />the City shall never be liable or responsible for any debt or obligation of <br />Company. <br />19. No Third -Party Beneficiaries. The terms and conditions of this Agreement, <br />and all rights of action relating to such enforcement, shall be strictly <br />reserved to City and Company, and nothing contained in this Agreement <br />shall give or allow any such claim or right of action by any other third party <br />on such Agreement. It is the express intention of the parties that any person <br />other than City or Company receiving services or benefits under this <br />Agreement shall be deemed to be an incidental beneficiary only. <br />107501216 / 116 <br />
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