AG 2003 07 21 - Laserfiche WebLink

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The Board agrees that it will comply with the requisition procedure for the payment of Project Costs (both as defined in the Installment Agreement and the Trust Agreement) as provided in the Trust Agreement and that it will provide a copy of each requisition to the County's Director of Finance. Section VII. Acceptance. The Board, for one dollar'(S1.00) and other good and valuable consideration in hand received, does hereby accept the foregoing appointment as agent of the County for the purposes set forth in Section I hereof. Section VIII. Disclaimers of the County. The Board acknowledges and agrees that the design of the Project has not been made by the County, that the County has not supplied any plans or specifications with respect thereto and that the County (a) is not a manufacturer of, or a dealer in, any of the component parts of the Project or similar projects, (b) has not made any recommendation, given any advice or taken any other action with respect to the choice of any supplier or vendor with respect to the Project; and (c) has not made any warranty or other representation, express or implied, that the Project or any component part thereof or any property or rights relating thereto (i) will not result in or cause injury or damage to persons or property, (ii) has been or will be properly designed or constructed or will accomplish the results which the Board intends therefor, or (iii) is safe in any manner or respect. The County makes no express or implied warranty or representation of any kind whatsoever with respect to the Project or any component part thereof to the Board or any other circumstance whatsoever with respect thereto, including but not limited to, any warranty or representation with respect to: (a) the merchantability or the fitness or suitability thereof for any purpose; (b) the design or condition thereof; (c) the safety, workmanship,' quality or capacity thereof; (d) compliance thereof with the requirements of any law, rule specification or contract pertaining thereto; (e) any latent defect; (f) the ability thereof to perform any function; (g) that the funds advanced pursuant to the Installment Agreement will be sufficient (together with other available funds of the Board) to pay the cost of constructing the Project; (h) or any other characteristic of the Project; it being agreed that all risks relating to the Project, the completion thereof or the transactions contemplated hereby or by the Installment Agreement are to be borne by the Board, and the benefits of any and all implied warranties and representations of the County are hereby waived by the Board.