GJN3900 Land Planning Consultants Reimbursement - FFA (2)

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is ' "Execution Draft the SC Tract or any part thereof except for routine encumbrances for taxes ~d assessments not yet due and payable, and encumbrances approved in advance, in writing, by ih~ City. 6. Term of Agreement. This Agreement shall continue in full forge an effect until the SC Plan is completed and the City accepts a general warranty deed vesting title f the Water Course in the City, provided that either OWNERS or PARKS may terminate this A~eement with thirty (30) days' written notice to the other if the UGB amendment is not approved y the City council by July 1, 2005. 7. Memorandum. At City's request, each of OWNERS will sign a memorandum of this Agreement for recording in the official Lane County Land Records. i 8. Relationship of Parties. The parties do not intend, by this Agreement or any agreement contemplated herein, to create a partnership, joint venture or any relationshi of employment or agency, and no party shall be authorized to undertake any action hereunder as~the act of any other party. Each party to this Agreement is, and shall at all times remain, an independent entity cooperating with the other parties solely for the purpose of furthering its own terests. 9. No Third-Party Beneficiaries; Assignment. The parties do not intend this Agreement to be made for the benefit of, or to be enforceable by, any third party, nor wil~ this Agreement be assignable by any party without the prior written consent of al[ other parties. IN WITNESS WHEREOF, the parties have executed this Agreement on the dates set forth below. ~ ' x 3' i LEELYNN, INC. i By: ~ Date: G/P~y y Melvi cDou ,President WILEY MT., INC. i By: ~ c o Date: ~~~G~ Norman N. cDoug , Presi ent i i [Remainder of Page Intentionally Blank] E j 1 f. i i Urban Lands and Parks Pre-Planning Development Agreement i. Page 8 of 9 j. i. i 6001~j SOd '8 ~Ai.LAI14 dtd d1dd9IId 2883 Z89 T35 ~%Vd 9Z ~ TT 1~i03t ~+0/5Z/OT