Agenda Packets - 1998/12/07 - Laserfiche WebLink

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Dec 3 '98 18:43 P.07 1. Any party may notify the other party, in writing, of the existence of a disagreement, dispute or claim, stating the nature of such disagreement, dispute or claim, with specificity; 2. On the date of receipt of such notice, the City and ETC shall each advise the other of the identify of the representative who will be available to meet as soon as reasonably possible (not later than 9:00 a.m. of the next business day) for the sole purpose of selecting a mutually acceptable third person to participate in the resolution of the disagreement, dispute, or claim. The party initiating the notice pursuant to this section, shall make arrangements for location for such meeting; 3. As soon as reasonably possible following the identification of such third party (not later than the next business day), a meeting involving the representatives from ETC and the City and the third party will take place. If there is a breakdown in the resolution process or(ii) either party refuses to accept the decision reference as above captioned, the sole remedy hereunder shall be termination of this Agreement pursuant to the termination selection. TERM The term of this Agreement shall be for two years commencing January 1, 1999 and shall be renewed annually, thereafter. If the City does not act and give notice before September 1 of each year, the contract shall be automatically extended for another year commencing January 1 and from year to year thereafter, under its existing terms, unless and until the City gives notice of non extension. The above-captioned terms shall be valid unless this Agreement has been terminated by either party pursuant to terms. TERMINATION OF AGREEMENT This Agreement may be terminated by either party for any reason for 60 days written notice. In the event of ETC terminates this Agreement, ETC waives any interest, rights, or collections for food events past the 60 day period. 6