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Agenda - 06-24-1986
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Agenda - 06-24-1986
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Last modified
10/11/2016 2:43:46 PM
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9/22/2016 1:47:14 PM
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BOCC
Date
6/24/1986
Meeting Type
Regular Meeting
Document Type
Agenda
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provisions of this Memorandum of Agreement to the end that <br /> the Authority will not suffer any out-of-pocket losses as a <br /> result of the carrying out of any of its undertakings herein <br /> contained. It is furthermore expressly agreed that any <br /> pecuniary liability or obligation of the Authority hereunder <br /> shall be limited solely to the payments received by the <br /> Authority from the Company and to moneys derived from any <br /> financing relating to the Industrial Project, and nothing <br /> contained in this Memorandum of Agreement shall ever be <br /> construed to constitute a personal or pecuniary liability or <br /> charge against any Commissioner or any officer or employee <br /> of the Authority, and in the event of a breach of any <br /> undertaking on the part of the Authority contained in this <br /> Memorandum of Agreement, no personal or pecuniary liability <br /> or charge payable directly or indirectly from the general <br /> funds of the Authority shall arise therefrom. <br /> (h) In any event, the provisions of this Memorandum of <br /> l.� <br /> Agreement shall be superseded by the agreements entered into <br /> 1 <br /> 4�. <br /> CCr <br /> I ' <br /> 10 . <br /> 1 <br /> g.� <br />
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