River Road PRD Agreements - Laserfiche WebLink

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persons 55 years of age or older at the time of annexation until this Agreement terminates. The City will extend those fee concessions for use of the Emerald Park Facility to other residents of the City who are 55 years of age or older at the time of annexation. 4. Term If annexation of the River Road area has not occurred by June 30, 1996, this Agreement shall expire at that time. Should annexation occur by then, this Agreement shall terminate three years after annexation. 5. Enforceability This Agreement may be enforced only by the City of Eugene, a majority of the members of the Board of Directors of the River Road Park and Recreation District during their term in office, and a majority of future members of the Transition Committee appointed under Paragraph 2.1 above. No third -party beneficiary rights are created by this Agreement. 6. Assignment and Modification. This Agreement may not be assigned by either party without the prior written consent of the other. Any modification shall be in writing. No change in the character or extent of the obligations of the parties shall be made except by prior written agreement between the City and the District Board, or upon dissolution of the District Board, between the City and the Transition Committee. 7. Duty of Good Faith and Fair Dealing. Each party owes to the other a duty of good faith and fair dealing. The District Board shall develop future budgets using standards it has used in the past in the enactment of budgets. Each party pledges to negotiate in good faith any modifications to this Agreement needed because of unanticipated circumstances or changes in condi ti.ons,. $:._ Ziscl.aimer of Warranties of Representations. The City and District makes this Agreement only to the extent allowed by law. No warranty, express or implied, of the authority of the City or District to abide by this INTERGOVERNMENTAL AGREEMENT - -6