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Housing Hope HCS-15-42-1213-198(1) 7/25/2016
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Housing Hope HCS-15-42-1213-198(1) 7/25/2016
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Last modified
8/10/2016 11:29:30 AM
Creation date
8/10/2016 11:29:01 AM
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Contracts
Contractor's Name
Housing Hope HCS-15-42-1213-198(1)
Approval Date
7/25/2016
Council Approval Date
4/20/2016
End Date
9/30/2055
Department
Planning
Department Project Manager
Rebecca McCrary
Subject / Project Title
Kennedy Court Low Income Housing Rehab
Tracking Number
0000225
Total Compensation
$573,298.00
Contract Type
Agreement
Contract Subtype
Grant
Retention Period
6 Years Then Destroy
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VII. MISCELLANEOUS PROVISIONS <br /> A. Relationship of the Parties <br /> The parties intend that an independent contractor/ City relationship will be <br /> created by this Loan Agreement. Except to the extent specific Agency <br /> performance is required by this Loan Agreement or by applicable provisions of <br /> law, the City is interested only in the results to be achieved and the <br /> implementation of services will lie solely with the Agency. No agent, officer, <br /> employee, servant or representative of the Agency shall be deemed to be an <br /> agent, officer, employee, servant or representative of the City for any purpose, <br /> and none of the Agency's employees shall be entitled to any benefits or rights <br /> enjoyed by employees of the City. The Agency will be solely and entirely <br /> responsible for its acts and for the acts of its agents, employees, servants, <br /> contractors and subcontractors during the performance of this Loan Agreement. <br /> Nothing in this Loan Agreement shall be construed to render the parties partners <br /> or joint venturers. <br /> B. Hold Harmless and Indemnification <br /> The Agency agrees that it is subject to audit and recovery for any audit exception <br /> which occurs due to its negligence or failure to comply with the terms of this Loan <br /> Agreement. The Agency further agrees to protect, save harmless, indemnify, <br /> and defend, all at its own expense, the City, its elected and appointed officials, <br /> officers, employees, and agents, from any loss or claim for damages of any <br /> nature whatsoever, arising out of the performance of this Loan Agreement by the <br /> Agency, its officers, employees, agents or subcontractors, including claims by the <br /> Agency's employees or third parties and including litigation costs and reasonable <br /> attorneys' fees, except for those damages solely caused by the negligence or <br /> willful misconduct of the City, its elected or appointed officials, officers, <br /> employees, or agents. <br /> C. Recording of Documents <br /> The Deed of Trust (Exhibit D) and the Use Restriction Covenant Agreement <br /> (Exhibit E) shall be acknowledged by each of the parties thereto and shall be <br /> recorded, at the expense of the Agency, in the official records of Snohomich <br /> County. <br /> D. Rights in Data <br /> The City may duplicate, use, and disclose in any manner and for any purposes <br /> whatsoever, and have others so do, all data delivered under this Loan <br /> Agreement. The Agency hereby grants to the City a royalty-free, nonexclusive, <br /> and irrevocable license to publish, translate, reproduce, deliver, perform, dispose <br /> of, and to authorize others so to do, all data now or hereafter covered by <br /> Amended HOME Loan Agreement <br /> Housing Hope's Kennedy Court Improvement Project <br /> Page 48 of 53 <br />
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