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Res 2010-011
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Last modified
3/15/2010 9:32:52 AM
Creation date
1/22/2010 1:45:45 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2010-11
Date
1/19/2010
Volume Book
184
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ARTICLE 3 <br />FUNDING FROM THE CITY <br />3.1 The City shall make payments from the Funds for the Eligible Expenses subject to <br />the requirements of this Agreement. <br />3.2 At such time as the Village receives an invoice for services rendered for any <br />Eligible Expense, it may submit any such invoice to the City for payment of Eligible Expenses <br />included in such invoice. Within 30 days of the receipt of any such invoice, the City will remit <br />payment for Eligible Expenses identified in the invoice to the Village, to the provider of the <br />services or jointly to both, in the City's discretion. Under no circumstances will the City pay 100 <br />percent of the total costs for any services in advance of such services being performed. The <br />Village's contracts for architectural or engineering services shall, instead, provide that payments <br />for services will be made in phases consistent with the usual and customary payment practices of <br />the City of San Marcos for similar services. Payments for legal services will be paid only after <br />such services have been performed and no less than monthly invoices for such services are <br />submitted to the Village. <br />3.3 The Funds shall be drawn only from the account specifically designated by the <br />City for the purposes of this Agreement and from no other accounts of the City. <br />ARTICLE 4 <br />OWNERSHIP AND USE OF DOCUMENTS <br />In entering into any contracts for architectural or engineering services for the Village <br />Main Project, the Village will ensure that all plans, drawings and specifications created for the <br />Village Main Project under this Agreement will become its property and may be assigned to the <br />City and any assigns of the City in the event of any default or failure of the Village to complete <br />the Village Main, Project. The Village may not assign such plans, drawings and specifications to <br />any third party without the written consent of the City. <br />ARTICLE 5 <br />TERM AND TIME OF PERFORMANCE <br />5.1 The effective date of this agreement shall be the date on which it is approved by <br />the San Marcos City Council (the "Effective Date"). The term of the Agreement shall continue <br />from the Effective Date until the completion of the Village Main Project. Completion of the <br />Village Main Project for purposes of this Agreement shall be the date on which the Village has <br />both received a certificate of occupancy from the City for the facilities constructed and provides <br />satisfactory evidence to the City that all bills for services rendered, labor, supplies and materials <br />related to the Village Main Project have been satisfied (the "Term"). The obligations of the <br />Parties shall continue during the Term, except that the Village's obligation to maintain the <br />Village Main Project for the public and non-profit purposes of this Agreement shall continue for <br />3
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