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7. Assignability This Agreement may not be assigned by either party <br />without the prior written consent of the other. <br />8. Attorney's Fees In the event of arbitration, suit, action, or <br />other proceeding brought by either party against the other to enforce any of <br />the obligations hereunder or arising out of any dispute concerning the terms <br />and conditions hereby created, or to rescind this Agreement, the losing party <br />shall pay the prevailing party such reasonable amounts for fees, costs, and <br />expenses, including attorney's fees in such arbitration, suit, action, or <br />other proceeding and any appeal therefrom as may be set by the court or the <br />arbitrator. <br />9. Automatic Termination This Agreement shall terminate when the City <br />has annexed more than 50 percent of the taxable land within the District's <br />boundaries (based upon July 1, 1983, boundaries) or passage of 20 years, <br />whichever occurs first. <br />The parties have entered into this Agreement effective on the dates as <br />shown below. <br />RIVER ROAD PARK AND RECREATION <br />DISTRICT <br />By: <br />Dated: <br />By: <br />Dated: <br />PL1028 <br />AGREEMENT - -4 <br />IA- <br />CITY OF EUGENE (--\✓ <br />By <br />Micheal D. Gleason <br />City Manager <br />Dated: <br />