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INTERLOCAL AGREEMENT BETWEEN SNOHOMISH <br />COUNTY AND THE CITY OF EVERETT FOR <br />HANNABROOK PARK IMPROVMENTS 6 of 9 <br />City certifies it has a self-insurance program, in lieu of carrying Commercial General <br />Liability. <br />10. Compliance with Laws. <br /> <br />In the performance of its obligations under this Agreement, each party shall comply with <br />all applicable federal, state, and local laws, rules and regulations. <br /> <br />11. Default and Remedies. <br /> <br />11.1 Default. If either the County or the City fails to perform any act or obligation <br />required to be performed by it hereunder, the other party shall deliver written notice of such failure <br />to the non-performing party. The non-performing party shall have twenty (20) days after its receipt <br />of such notice in which to correct its failure to perform the act or obligation at issue, after which <br />time it shall be in default (“Default”) under this Agreement; provided, however, that if the non- <br />performance is of a type that could not reasonably be cured within said twenty (20) day period, <br />then the non-performing party shall not be in Default if it commences cure within said twenty (20) <br />day period and thereafter diligently pursues cure to completion. <br /> <br />11.2 Remedies. In the event of a party’s Default under this Agreement, then after <br />giving notice and an opportunity to cure pursuant to Section 11.1 above, the non-Defaulting party <br />shall have the right to exercise any or all rights and remedies available to it in law or equity. <br /> <br />12. Early Termination. <br /> <br />12.1 30 Days’ Notice. Except as provided in Section 12.2 below, either party may <br />terminate this Agreement at any time, with or without cause, upon not less than thirty (30) days <br />advance written notice to the other party. The termination notice shall specify the date on which <br />the Agreement shall terminate. <br /> <br />12.2 Termination for Breach. In the event that the City fails to complete the Project by <br />December 31, 2023, and/or otherwise commits a Default as described in Section 11, the County <br />may terminate this Agreement immediately by delivering written notice to the City. Within thirty <br />(30) days of such early termination, the City shall return to the County all Funds previously <br />disbursed from the County to the City for the Project plus interest at the rate of twelve percent <br />(12%) per annum beginning thirty (30) days from the date of early termination. <br />13. Dispute Resolution. <br /> <br />In the event differences between the Parties should arise over the terms and conditions or <br />the performance of this Agreement, the Parties shall use their best efforts to resolve those <br />differences on an informal basis. If those differences cannot be resolved informally, the matter <br />may be referred for mediation to a mediator mutually selected by the Parties. If mediation is not <br />successful or if a party waives mediation, either of the Parties may institute legal action for specific <br />performance of this Agreement or for damages. The prevailing party in any legal action shall be <br />entitled to a reasonable attorney’s fee and court costs.