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Reso 2008-1204
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Reso 2008-1204
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Last modified
7/1/2010 9:42:31 AM
Creation date
2/28/2008 4:03:24 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2008-1204
Date (mm/dd/yyyy)
01/17/2008
Description
First Southwest Financial Services Agrmt ($13,000.00)
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<br />ARTICLE 19 SEVERABILITY <br /> <br />The invalidity, illegality, or unenforceability of any proviSIOn of this Agreement, or the <br />occurrence of any event rendering any portion or provision of this Agreement void, shall in no <br />way affect the validity or enforceability of any other portion or provision of the Agreement. <br />Any void provision shall be deemed severed from the Agreement, and the balance of the <br />Agreement shall be construed and enforced as if the Agreement did not contain the particular <br />portion or provision held to be void. The parties further agree to reform the Agreement to <br />replace any stricken provision with a valid provision that comes as close as possible to the <br />intent of the stricken provision. <br /> <br />The provisions of this section shall not prevent the entire Agreement from being void <br />should a provision, which is of the essence of the Agreement, be determined to be void. <br /> <br />ARTICLE 20 ENTIRETY OF AGREEMENT <br /> <br />The CITY and the FINANCIAL ADVISOR agree that this Agreement sets forth the entire <br />agreement between the parties, and that there are no promises or understandings other than <br />those stated herein. This Agreement supersedes all prior agreements, contracts, proposals, <br />representations, negotiations, letters, or other services, whether written or oral. None of the <br />provisions, terms, and conditions contained in this Agreement may be added to, modified, <br />superseded, or otherwise altered, except by written instrument executed by the parties hereto. <br /> <br />ARTICLE 21 MODIFICATION <br /> <br />The Agreement may be modified only by a written amendment executed by both <br />parties. <br /> <br />ARTICLE 22 SUCCESSORS AND ASSIGNS <br /> <br />The CITY and the FINANCIAL ADVISOR each binds itself and its partners, <br />successors, assigns, and legal representatives to the other party to this Agreement <br />and to its partners, successors, executors, administrators, assigns, and legal <br />representatives. The FINANCIAL ADVISOR shall not assign this Agreement without <br />the express written approval of the CITY via executed amendment. <br /> <br />ARTICLE 23 CONTINGENT FEES <br /> <br />The FINANCIAL ADVISOR warrants that it has not employed or retained any company <br />or person, other than a bona fide employee working solely for the FINANCIAL <br />ADVISOR, to solicit or secure this Agreement and that it has not paid or agreed to pay <br />any person, company, corporation, individual, or firm, other than a bona fide employee <br />working solely for the FINANCIAL ADVISOR, any fee, commission, percentage, or any <br />other consideration contingent upon or resulting from the award or making of this Agreement. <br /> <br />6 <br />
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