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HomeMy WebLinkAboutMeridian Downtown Business Association - Art on the Street EventII. 2 4 3 It D. Compliance with laws. In performing the scope of services required hereunder, City and MDBA shall comply with all applicable laws, ordinances, and codes of Federal, State, and local governments. E. Term of MOU. This MOU shall become effective as of the Effective Date upon execution by both parties, and shall expire on September 30, 2017 unless earlier terminated or extended in the manner as set forth in this MOU. F. Termination. Grounds for termination of this MOU shall include, but shall not be Iimited to: an act or omission by either party which breaches any term of the MOU; an act of nature or other unforeseeable event which precludes or makes impossible the performance either party's respective commitments; or a change in circumstances that renders the performance by either party a detriment to the health, safety, or welfare of the public or of either party. Either party may terminate this Agreement by providing seven (7) calendar days advance written notice of intention to terminate. Such written notice shall include a description of the circumstances providing grounds for termination. A forty-eight (48) hour cure period shall commence upon mailing of the notice of intention to terminate, If, upon the expiration of such cure period, cure of the breach or circumstances providing grounds for termination has not occurred, this MOU shall automatically terminate. G. Construction and Severability. If any part of this MOU is held to be invalid or unenforceable, such holding will not affect the validity or enforceability of any other part of the MOU so long as the remainder is reasonably capable of completion. H. Entire Agreement. This MOU contains the entire agreement of the patties and supersedes any and all other agreements or understandings, oral or written, whether previous to the execution hereof or contemporaneous herewith. I. Applicable Law. This MOU and all activities occurring hereunder shall be governed by and construed and enforced in accordance with the laws of the State of Idaho. J. Approval required. This MOU shall not become effective until approved by the respective governing bodies of both City and MDBA. IN WITNESS WHEREOF, the parties shall cause this Agreement to be executed by their duly authorized officers to be effective as of the day and year first above written. MERIDIAN DOWNTOWN BUSINESS ASSOCIATION: BY: L - Nick Grove, President, MDBA CITY OF MERIDIAN: GOP QpFtATEDq� GGs� of a Tammy cue"W erd, Mayor \m S 'D4Ho MOU BETWEEN CITY AND MDBA-ART ON Colel,City Clerk PAGE 4 OF 4