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2026-014 Ordinance
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2026-014 Ordinance
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5/28/2026 4:43:22 PM
Creation date
5/28/2026 4:38:27 PM
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North Olmsted Legislation
Legislation Number
2026-014
Legislation Date
3/17/2026
Year
2026
Legislation Title
Development Agreement with R6 Motors Inc.
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understanding between the parties with respect to the transactions contemplated herein, and all <br />prior agreements, understandings, representations, and statements, oral or written, by and <br />between the City and Developer, are superseded and merged into this instrument, and shall be <br />null, void and of no further force and effect from and after the Effective Date. <br />Section 9.4 CaDtions. The captions of the Articles and Sections of this Agreement are <br />inserted for convenience only and shall not be deemed to constitute a part of this Agreement or <br />in any manner limit or define the terms and provisions of this Agreement. <br />Section 9.5 Modification/Amendment. None of the provisions hereof may be waived, <br />modified, amended, discharged, or terminated except by an instrument in writing signed by the <br />parry against which the enforcement of such waiver, modification, amendment, discharge, or <br />termination is sought, and then only to the extent set forth in such instrument. <br />Section 9.6 Governing Law; Waiver of Jury Trial. This Agreement shall be governed <br />by the laws of the State of Ohio. The parties hereby waive any right to trial by jury. <br />Section 9.7 Time. Time is of the essence in the performance of each and every term, <br />condition and covenant contained in this Agreement. <br />Section 9.8 Counterparts. This Agreement may be executed in counterpart, and in <br />several counterparts, each of which shall be regarded as an original and all of which shall <br />constitute but one and the same Agreement. Counterparts executed, transmitted or stored by <br />electronic means (such as e-mailed .pdfs or DocuSign counterparts) shall be deemed original <br />counterparts. <br />Section 9.9 Construction. This Agreement shall not be construed more strictly against <br />one party than against the other. <br />Section 9.10 Severabilitv. If anyone or more of the provisions hereof are for any reason <br />held to be invalid, illegal, or unenforceable in any respect, then this Agreement shall be <br />construed as if such invalid, illegal, or unenforceable provision had never been contained herein. <br />Section 9.11 Further Assurances. Subject to the express terms and conditions of this <br />Agreement, each party shall take such actions and provide to the other such assurances as may be <br />reasonably requested to consummate the proceedings contemplated hereby, including providing <br />such further documents or instruments reasonably requested by the other party as may be <br />reasonably necessary to effect the purpose of this Agreement and carry out its provisions. The <br />provisions of this Section shall not operate to expand or enlarge the specific obligations of either <br />the City or Developer expressly set forth in this Agreement. <br />Section 9.12 Individual Liabilitv. No member, official, or employee of the City or any <br />of the City's boards or commissions shall be personally liable to Developer or any successor in <br />interest, in the event of any default or breach by the City or for any amount which may become <br />due to Developer or successor or on any obligation under the terms of this Agreement. No <br />member, shareholder, representative, manager or employee of Developer shall be personally <br />liable to the City or any successor in interest, in the event of any default or breach by Developer <br />or for any amount which may become due to the City or successor or on any obligation under the <br />terms of this Agreement. <br />-12- <br />19575939-4 <br />
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