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5A8 & 9 Assignment - Confirmation Agreements (Great Lakes Capital) - Signed
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5A8 & 9 Assignment - Confirmation Agreements (Great Lakes Capital) - Signed
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11/27/2024 2:15:08 PM
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11/27/2024 2:14:56 PM
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Board of Public Works
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1
Creator:
Created:
11/27/2024 2:15 PM
Modified:
11/27/2024 2:15 PM
Text:
mailto:BHartley@southbendelkhart.org
ID:
2
Creator:
Created:
11/27/2024 2:15 PM
Modified:
11/27/2024 2:15 PM
Text:
mailto:sstuder@kdlegal.com
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Page 16 of 21 <br />is sufficiently resolved, the RDA shall provide notice to the Grantee that the parties shall <br />resume, as soon as practical, their duties of this Agreement. No disbursements of Project <br />Funds shall be issued to the Grantee during the suspension period. In the event the RDA <br />determines that the issue is not sufficiently resolved, the RDA may terminate this <br />Agreement in accordance with Section 15. <br />23.INDEPENDENT CONTRACTOR. Grantee shall perform and execute the <br />provisions of this Agreement as an independent contractor to the RDA and shall not in any respect <br />be deemed or act, or hold itself out, as an agent of the RDA or the IEDC or an authorized <br />representative of the same for any purpose or reason whatsoever. Grantee shall be solely <br />responsible for providing insurance and other benefits as it deems necessary for its employees. <br />Grantee is an independent contractor, and all of its agents and employees shall be subject solely to <br />the control, supervision, and authority of Grantee. The RDA and Grantee disclaim any intention <br />to create a partnership or joint venture. Grantee shall not be entitled to act for or have any power <br />or authority to assume any obligation or responsibility on behalf of, the RDA or the IEDC or their <br />respective authorized representatives. Since Grantee is an independent contractor, the RDA will <br />not make any deductions from payments due Grantee from the RDA under this Agreement for any <br />payroll or similar taxes, premiums or contributions now or hereafter required to be collected and/or <br />paid by an employer for or on account for such employer’s employees. Without limiting the <br />generality of the preceding sentence, the RDA will not deduct from sums due Grantee, nor pay for <br />or on account of Grantee any (i) federal, state or local income tax withholding, (ii) social security <br />or Medicare tax, (iii) health, accident, disability or life insurance premiums mandated by any <br />governmental agency, (iv) unemployment compensation premium or tax, or (v) workers’ <br />compensation premium or tax that would be required to be withheld and/or paid by the Grantee. <br />The RDA shall not have any right to determine the route or means of transportation to and from <br />the various places that Grantee must travel for the Project under this Agreement, and Grantee will <br />be responsible for providing its own tools and equipment in connection with the Project. <br />24.NOTICES. All notices to be given under this Agreement shall be in writing, and <br />shall be deemed to have been given and served when delivered in person, by Federal Express, UPS <br />or similar overnight carrier, or by United States mail, postage pre-paid to the addressee at the <br />following addresses: <br />RDA: Northern Indiana Regional Development Authority <br />c/o South Bend-Elkhart Regional Partnership <br />635 S. Lafayette Boulevard, Suite 123 <br />South Bend, Indiana 46601 <br />ATTN: Bethany Hartley <br />BHartley@southbendelkhart.org <br />(574) 344-4686 <br />Copy to: Krieg DeVault LLP <br />4101 Edison Lakes Parkway, Suite 100 <br />Mishawaka, Indiana 46545 <br />ATTN: Stephen A. Studer, Esq. <br />sstuder@kdlegal.com <br />(574) 277-1207
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