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79-095 Ordinance
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79-095 Ordinance
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1/15/2014 2:38:47 PM
Creation date
1/14/2014 4:59:11 AM
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North Olmsted Legislation
Legislation Number
79-095
Legislation Date
9/4/1979
Year
1979
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., <br />, . ? <br /> <br />6. The te_r_m of this Agreement and Plan shall commence on <br />the date of its making and shall continue in effect thereafter <br />except as otherwise in this paragraph provided. Upon the <br />expa.xation of twelve months after either party shall have g;iven <br />to the other party notice of intention to caithdraw from this <br />,Agreemen.t andPlan, no further actions, agreements, contracts, <br />.lia.bilities, ox obligations shall be initiated or incurred <br />puzsuant ta this Agareement and Plan, but any action, agreement, <br />cantzact t liability or obligation which Izas been cor.zr.lenced, <br />entezed z,nto, ini.tiated or incurred grior to the expiratian of <br />!such twelve month period shall not be affected by such withdrawal <br />and t.zis Agreeznent and Plan shall zemain in full force and <br />effect as to any such action, agreement, contract, liability or <br />obli.gation and the Cox'pozation shall conti.nue as the Agency of <br />the Municipality under this Agreement and Plan and the designa- <br />tion made by the legislative authority af the Municipality in the <br />ordi.nance con£irming and authorizing this Agreement and Plan, <br />as to all such actions, agreeanents, contracts, liabilities or <br />obligations. Notice of withdrawal sha1T be given to the Muni- <br />ca.pality by deliveri?ng a capy of such notice to the office of <br />the Clerk of the legislative authority of the TlunicipaTity and to <br />the Corporation by delivering a capy of such notice to the person <br />i,n charge of its principal office. <br />7. No Drovisions, term or covenant cantained in tiZis <br />Agreement and Plan shall be construed as Drohlibiting or limiting <br />the Munici.pality from independently exercising any and all powers <br />it may have under the Can.stitution of the State of Ohio, Chapter <br />165 of the Ohio Revised Code, or any othex law. <br />8. This Agreement and Plan may be amendador supplemented <br />from ti.me to ti.me as desired and approved by the legislative <br />auth4rity of the Municipality and tne Board of Trustees of <br />tze 4vrporation. <br />IiV TaITNLSS MAEREOF, the Municipality and the Corporation, s <br />by their duly authozized officers, have caused this Agreement j <br />and Plan to be executed as of the day and year first ab:ove written.i <br />i <br />; <br />f <br />North Olms ted Cazrmuni tv Improvement <br />Corporation <br />sy <br />Presi ent <br />Attest; <br />Seczetary anAp;ent <br />City of North Olmsted, Ohia <br />By <br />By <br />,A,ttest : <br />Tit e <br />-6- <br />, _ _ - _ -m.,.-_-.?. __
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