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Res 1996-144
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Res 1996-144
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6/15/2007 1:36:12 PM
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6/15/2007 1:36:12 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1996-144
Date
8/26/1996
Volume Book
125
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<br /> 101 :t- <br /> -9- - <br /> Documents and acceptance by the City, the Project Manager shall certify to the DOL the <br /> total and complete costs of the work incurred and present the DOL with its final invoice for <br /> payment. The final invoice shall be payable within thirty (30) days after presentment by <br /> the Project Manager and shall be paid in full, without offset or deduction, from the escrow <br /> I <br /> ! <br /> ¡ account and other DOL funds if the escrow account alone is insufficient to pay the total <br /> amount of the final invoice. Any DOL funds remaining in the escrow account established <br /> in Paragraph 4.06 after payment of the final invoice shall be returned to the DOL within <br /> , , <br /> thirty (30) days. <br /> ARTICLE 6 <br /> WARRANTIES AND REPRESENTATIONS BY PARTIES <br /> . <br /> 6.01 The City and the DOL warrant and represent to each other the following: <br /> (a) That each party has full power and authority to enter into and to <br /> perform its duties and obligations under this Agreement. <br /> (b) That each party shall promptly and timely pay all required costs and <br /> expenses pursuant to this Agreement. <br /> , (c) That each party will provi~e any and all additional right-of-ways, <br /> , <br /> easements or other access which are presently subject to their <br /> respective control and that may be required or necessary to construct <br /> the Project, provided that the proposed location(s) of the utilities as <br /> designed and described in the Project Documents are not materially <br /> altered from the location shown in the Project Documents. <br /> ARTICLE 7 <br /> DEFAULT AND REMEDIES <br /> 7.01 Each of the following shall constitute an event of default by a party under the <br /> terms and provisions of this Agreement: <br />
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