Authorizing the execution of a contract for the purchase of certain disposition parcels inthe Urban Renewal Central Downtown Project

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-11- under the Agreement as to those Parcels not conveyed to the City at that time, but the Agreement shall remain in full force and effect as to any Parcel or Parcels which have been conveyed to the City at that time; provided further, that there shall be no liability upon the City whatsoever for failure to purchase any of the Property in part or in whole if the City is unable or in its opinion unable to effectuate or successfully consummate the sale of revenue bonds for the purchase of any Parcel and construction of parking structures thereon. Sec. 4. Delays Beyond Control of Parties. For the purposes of the Agreement, neither the Agency nor the City, as the case may be, nor any successor of either of them shall be considered in breach of or in default under its obligations with respect to the preparation of any Parcel for redevelopment, or the beginning and completion of construction of the Improvements on such Parcel, or progress in respect thereto, in the event of enforced delay in the performance of such obligations due to unforseeable causes beyond its control and without its fault or negligence including, but not restricted to, acts of God, acts of the public enemy, acts of the Government, acts of the other party, fires, floods, epidemics, quarantine restrictions, strikes, freight embargoes, and unusually severe weather, or delays of sub- contractors due to such causes; it being the purpose and intent of this provision that, in the event of the occurrence of any such enforced delay, the time or times for performance of the obligations of the Agency with respect to the prepara- tion of any Parcel for redevelopment or the City with respect to construction of the Improvements on such Parcel, as the case may be, shall be extended for the period of the enforced delay; provided, that the party seeking the benefit of the provisions of this Section shall, within thirty days after the beginning of any such enforced delay, have first notified the other party thereof ' in writing, and of the cause or causes thereof and requested an extension for the period of the en- forced delay. Sec. 5 . Rights and Remedies Cumulative. The rights and remedies of the parties to the Agreement, whether provided by law or by the Agreement, shall be cumulative, and the exercise by either party of any one or more of such remedies shall not preclude the exercise by it, at the same or different times, of any other such remedies for the same default or breach, or of any of its remedies for any other default or breach by the other party. No waiver made by either party with respect to the