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Res 2023-021R Approving a first amendment and reinstated agreement with Franklin Mountain San Marcos
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Res 2023-021R Approving a first amendment and reinstated agreement with Franklin Mountain San Marcos
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8/14/2023 10:34:34 AM
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5/4/2023 2:52:45 PM
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provided in Section 17.02, City may pursue the remedies listed in Section 17.04 against the third party, and the <br />third party may pursue all remedies listed in Section 17.04 against City, except the City shall not be able to pursue <br />the remedies of termination, rescission, or reverter, such remedies belonging exclusively to the Primary Owner. <br />Section 17.06 No Liability For Actions of Others. Except as expressly set forth herein: (a) the liabilities, <br />obligations and responsibilities of each owner, their successors and assigns, under this Agreement are several, <br />and not joint; and (b) no owner, or successor or assign, of any portion of Cotton Center will be in default under <br />this Agreement or otherwise liable or responsible for any default which is not caused by such landowner or by <br />any person acting by, through or under such owner or successor or assign. <br />Section 17.07 Owner Remedies for City Failure to Build Wastewater Facilities. Notwithstanding anything <br />to the contrary contained herein, if the City refuses or is unable to build or extend facilities to provide wastewater <br />service to the Project on a timely basis as provided in Section 12.01 above, then Owner shall be able to pursue <br />any remedy available at law or in equity (including monetary damages) resulting from the City's failure to extend <br />or build such wastewater facilities. In such event, said monetary damages shall be limited to the actual cost for <br />the construction of the City wastewater facilities that are unable to be used. <br />
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