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AG 2017 07 17
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AG 2017 07 17
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Last modified
7/19/2017 9:13:19 AM
Creation date
11/27/2017 10:29:30 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
7/17/2017
Board
Board of Commissioners
Meeting Type
Regular
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Company acknowledges that the County has not designed the Facility, that the County <br /> has not supplied any plans or specifications with respect thereto and that the County: (a) <br /> is not a manufacturer of, or dealer in, any of the component parts of the Facility or similar <br /> facilities, (b) has not made any recommendation, given any advice nor taken any other <br /> action with respect to (i) the choice of any supplier, vendor or designer of, or any other <br /> contractor with respect to the Facility or any component part or any property or rights <br /> relating thereto, or (ii) any action taken or to be taken with respect to the Facility or any <br /> component part thereof or any property or rights relating thereto at any stage of the <br /> construction, (c) has not at any time had physical possession of the Facility or any <br /> component part, and (d) has not made any warranty or other representation, express or <br /> implied, that the Facility or any component part or any property or rights relating <br /> thereto (i) will not result in or cause injury or damage to persons or property, (ii) has <br /> been or will be properly designed, or will accomplish the results which Company <br /> intends, or(iii) is safe in any manner or respect. <br /> The County makes no express or implied warranty or representation of any kind <br /> whatsoever with respect to the Facility or any component part, including but not limited <br /> to any warranty or representation with respect to the merchantability or the fitness or <br /> suitability for any particular purpose, and further including the design or condition, the <br /> safety, workmanship, quality, or capacity; compliance with the requirements of any law, <br /> rule, specification or contract pertaining thereto; any latent defect; the Facility's ability <br /> to perform any function; or any other characteristic of the Facility; it being agreed <br /> that as between the County and Company, Company is to bear all risks relating to the <br /> Facility, its completion or the transactions contemplated hereby and Company waives <br /> the benefits of any and all implied warranties and representation of the County. <br /> The provision of this Section V. shall survive the Agreement's termination. <br /> VI. TERMINATION OF AGREEMENT <br /> This Agreement shall terminate at the end of the fifth year after the County has made the <br /> last of the County Incentives required by this Agreement. After such termination, this <br /> Agreement will be null and void, and the parties to this Agreement will have no further <br /> obligations from one to the other thereafter, except as specifically noted in this <br /> Agreement. <br /> VII. ASSIGNMENTS <br /> The Company shall not assign this Agreement or any portion without the written consent <br /> of the County, nor shall the Company assign any funds due or to become due to it without <br /> the prior written consent of the County; provided, however, the Company shall be <br /> permitted to assign this Agreement or any portion, or any funds due or to become due to <br /> it hereunder, to any direct or indirect wholly-owned subsidiary or other related party of <br /> the Company. However, in the event of such assignment, the Company shall remain <br /> ultimately responsible and liable for the performance of the Company's obligations. <br /> pagrzk*0+461 number 3\n <br /> G-1 Page 70 <br />
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