My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Res 2018-184/approving a Chapter 380 Economic Development Incentive Agreement with Katerra, Inc. to locate an Automated Building Component Manufacturing and Distribution Facility along State Highway 80 East of State Highway 21, which agreement provides i
San-Marcos
>
City Clerk
>
03 Resolutions
>
2010's
>
2018
>
Res 2018-184/approving a Chapter 380 Economic Development Incentive Agreement with Katerra, Inc. to locate an Automated Building Component Manufacturing and Distribution Facility along State Highway 80 East of State Highway 21, which agreement provides i
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/28/2019 8:00:34 AM
Creation date
10/23/2018 3:20:14 PM
Metadata
Fields
Template:
City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2018-184
Date
10/16/2018
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
22
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
signatories to this Agreement misrepresented or misrepresents any material fact or information: (i) <br />upon which the City relied in entering into this Agreement; (ii) upon which the City relies in <br />making a Grant Payment to Company; or (iii) as an inducement for the City to make a Grant <br />Payment to Company. <br />Section 9.03. Other Remedies. Upon breach of any obligation under this Agreement, in <br />addition to any other remedies expressly set forth in this Agreement with respect to such breach, <br />either Party may pursue such remedies as are available at law or in equity for breach of contract. <br />Notwithstanding the foregoing, the City shall not in any case be liable for special, incidental, <br />consequential, indirect, or other similar damages, even if City or its agent(s) have been advised of <br />the possibility of such damages. In no event shall the City's liability for damages under this <br />Agreement exceed the amount of the Grant Payment due and owing to Company for the <br />Company's proper performance in the year immediately preceding the year in which the breach <br />by the City Occurred. <br />Section 9.04. Offset. The City may deduct from any Grant Payments, as an offset, any <br />delinquent and unpaid fees, sums of money or other fees, charges or taxes assessed and owed to <br />or for the benefit of the City by Company. <br />Section 9.05. Force Majeure. An event of force majeure means an event beyond the <br />reasonable control of a Party obligated to perform an act or take some action under this Agreement <br />including, but not limited to, acts of God, earthquake, fire, explosion, war, civil insurrection, acts <br />of the public enemy, act of civil or military authority, sabotage, terrorism, floods, lightning, <br />hurricanes, tornadoes, severe snow storms or utility disruption, strikes, lockouts, major equipment <br />failure or the failure of any major supplier to perform its obligations. If a force majeure event <br />occurs and such event prevents a Party from fulfilling its obligations hereunder, the applicable <br />
The URL can be used to link to this page
Your browser does not support the video tag.