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Res 2013-048/Approving an Economic Development Incentive Agreement between ShySG, Group, LLC
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Res 2013-048/Approving an Economic Development Incentive Agreement between ShySG, Group, LLC
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4/3/2014 11:24:00 AM
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3/20/2013 3:14:33 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2013-48
Date
3/19/2013
Volume Book
196
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to one or more defaults by the other party will not waive that party's ability to enforce the <br />Agreement after that time. In the event litigation is commenced under the terms of this <br />Agreement, the prevailing party shall be entitled to recover from the other reasonable attorney <br />fees and costs. <br />PART 5. MISCELLANEOUS <br />Section 5.01. Notices. All notices required by this Agreement will be delivered to the <br />following by certified mail or confirmed facsimile transmission if either party provides to the <br />other a number for facsimile transmission: <br />City. <br />City Manager <br />City of San Marcos <br />630 East Hopkins <br />San Marcos, Texas 78666 <br />Owner- <br />Jamie Shy <br />ShySG Group, L.L.C. <br />139 E. Hopkins St., Suite A <br />San Marcos, TX 78666 <br />Each party will notify the other party in writing of any change in information required for notice <br />under this paragraph. <br />Section 5.02. Assignment. The Owner may not assign this Agreement or any of its <br />rights, or delegate or subcontract any of its duties under this Agreement, in whole or in part, <br />without the prior written consent of the City, which shall not be unreasonably withheld. <br />Section 5.03. Applicable Law and Venue. This Agreement will be construed under the <br />laws of the State of Texas. This Agreement is performable in Hays County, Texas. Mandatory <br />venue for any action under this Agreement will be in the state court of appropriate jurisdiction <br />for the action in Hays County, Texas. Mandatory venue for any matters in federal court will be <br />in the United States District Court for the Western District of Texas. <br />Section 5.04. No Liability. The Owner agrees that City assumes no liability or <br />responsibility by approving plans, issuing permits or approvals or making inspections related to <br />the Project. <br />Section 5.05. Force Majeure. A Force Majeure event means an event beyond the <br />reasonable control of a party obligated to perform an act or take some action under this <br />Agreement including, but not limited to, acts of God, earthquake, fire, explosion, war, civil <br />insurrection, acts of the public enemy, act of civil or military authority, sabotage, terrorism, <br />floods, lightning, hurricanes, tornadoes, severe snow storms or utility disruption, strikes, <br />lockouts, major equipment failure or the failure of any major supplier to perform its obligations. <br />Section 5.06. 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 />
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