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Approving an Amendment - South Bend Central Development Area Dev Plan
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Approving an Amendment - South Bend Central Development Area Dev Plan
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Last modified
12/22/2010 2:17:34 PM
Creation date
12/22/2010 2:17:33 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
12/13/2010
Ord-Res Number
4071-10
Bill Number
10-68
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(f) 1st Source and Host acknowledge that IND. CODE § 5-14-1.5 (the "Open <br />Door Law") and IND. CODE § 5-14-3 (the "Access to Public Records Law") apply to <br />governmental entities (including the City and the Commission), and the Open Door <br />Law and the Access to Public Records Law may require disclosure of this Agreement <br />and its Exhibits. Accordingly, 1st Source and Host agree and understand that any <br />proprietary or confidential information should be withheld from a governmental entity <br />unless specifically and reasonably requested by that governmental entity in order for <br />that governmental entity to complete its commitments under this Agreement. <br />(g) The Commission hereby acknowledges and agrees that any breach by Host <br />of its obligations hereunder that would require Host to pay the Host Claw-back <br />Amount to the Commission shall not affect 1st Source or in any way require 1st Source <br />to make payment of the 1st Source Claw-back Amount to the Commission, and <br />correspondingly, no breach by 1st Source of its obligations hereunder requiring 1st <br />Source to pay the 1st Source Claw-back Amount to the Commission will affect Host or <br />in any way require Host to make a payment of the Host Claw-back Amount to the <br />Commission. <br />(h) If any one or more of the covenants or agreements provided in this <br />Agreement on the part of any Party should be determined by a court of competent <br />jurisdiction to be contrary to law, such covenants and agreements shall be null and <br />void and shall be deemed separate from the remaining covenants and agreements <br />herein contained and shall in no way affect the validity of the remaining provisions of <br />this Agreement. <br />(i) This Agreement and all transactions contemplated hereby shall be <br />governed by, construed in accordance with, and enforced under the laws of the State of <br />Indiana, notwithstanding its choice of law rules to the contrary or any other state's <br />choice of law rules. <br />(j) This Agreement maybe executed (by facsimile, digital or other electronic <br />means) in several counterparts, all or any of which shall be regarded for all purposes as <br />one original and shall constitute and be but one and the same instrument. <br />(k) This Agreement shall be binding upon, inure to the benefit of and be <br />enforceable by the Parties and their respective successors and permitted assigns. <br />(1) This Agreement may be amended only by a written instrument executed <br />by all of the Parties. Any condition precedent to any Party's obligations hereunder <br />maybe waived only in writing by such Party. <br />(m) All Exhibits attached hereto are incorporated herein by reference. <br />(n) This Agreement and the Exhibits hereto contain the entire understanding <br />of the Parties and this Agreement supersedes all prior agreements and understandings, <br />oral and written, with respect to this subject matter. <br />-I1- <br />
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