My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Res 2015-093/Chapter 380 Economic Development Incentive Agreement with Tanger Properties Limited Partnership that provides incentives over ten years in an amount not to exceed $2,500,000.00 in the form of annual refunds of a portion of new property and s
San-Marcos
>
City Clerk
>
03 Resolutions
>
2010's
>
2015
>
Res 2015-093/Chapter 380 Economic Development Incentive Agreement with Tanger Properties Limited Partnership that provides incentives over ten years in an amount not to exceed $2,500,000.00 in the form of annual refunds of a portion of new property and s
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/8/2016 1:30:10 PM
Creation date
8/3/2015 3:57:40 PM
Metadata
Fields
Template:
City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2015-93
Date
7/21/2015
Document Relationships
Res 2017-016/consenting to the assignment of a Chapter 380 Economic Development Incentive Agreement approved by Resolution No. 2015-93R, that originally provided for incentives in the form of a property and sales tax refunds not to exceed $2,500,000 over
(Message)
Path:
\City Clerk\03 Resolutions\2010's\2017
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
23
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Section 8.07. No Waiver of Immunity or Liability. Nothing in this Agreement, and no <br />action of the City under this Agreement, will constitute a waiver of any immunity of the City to <br />suit or to .liability or of any limitations on liability granted by law or the Texas Constitution. <br />Section 8.08. No Joint Venture. It is understood and agreed between the Parties that <br />the City and Tanger, in executing this Agreement, and in performing their respective obligations, <br />are acting independently, and not in any form of partnership or joint venture. THE CITY <br />ASSUMES NO RESPONSIBILITIES OR LIABILITIES TO ANY THIRD PARTIES IN <br />CONNECTION WITH THIS AGREEMENT, AND TANGER AGREES TO <br />INDEMNIFY, DEFEND AND HOLD THE CITY, ITS OFFICERS, AGENTS AND <br />EMPLOYEES, HARMLESS FROM ANY SUCH LIABILITIES. <br />Section 8.09. Third Party Beneficiaries. This Agreement is for the exclusive benefit of <br />the Parties and no third party may claim any right, title or interest in any benefit arising under <br />this Agreement. <br />Section 8.10. Severability. If any provision of this Agreement is held to be illegal, <br />invalid or unenforceable under present or future laws effective while this Agreement is in effect, <br />such provision shall be automatically deleted from this Agreement and the legality, validity and <br />enforceability of the remaining provisions of this Agreement shall not be affected thereby, and in <br />lieu of such deleted provision, there shall be added as part of this Agreement a provision that is <br />legal, valid and enforceable and that is as similar as possible in terms and substance as possible <br />to the deleted provision. <br />Section 8.11. Estoppel. Upon written request by Tanger, the City shall execute and <br />deliver to Tanger an estoppel certificate certifying as follows: (a) whether this Agreement is <br />unmodified and in fill force and effect (or if modified, disclosure of such modifications and <br />whether this Agreement is in full force and effect as modified); (b) whether to the City's <br />knowledge, Tanger is in default under this Agreement; and (c) any other reasonable factual <br />inquiries a party may request regarding this Agreement. <br />EXECUTED to be effective as of the Effective Date. <br />[SIGNATURES ON NEXT PAGE] <br />0 <br />
The URL can be used to link to this page
Your browser does not support the video tag.