Laserfiche WebLink
Units or increase the risk of liability or the costs to be incurred by the City hereunder. <br />The Executive Director reserves the right, in his or her sole and absolute discretion, to <br />submit any requested modification, interpretation, amendment or waiver to the City <br />Council if the Executive Director reasonably determines or reasonably believes that such <br />action could increase the risk, liability or costs to City, or reduce the length of <br />affordability of the Project, or is otherwise required by law. <br />(b) Whenever this Agreement or any other Loan Document references <br />a request that requires the approval or consent of a party, then each party shall act <br />reasonably and in good faith in making any such request and responding to the request, <br />but in no event shall either party be required to agree to terms that are not specified in this <br />Agreement or waive any rights or privileges set forth herein. Whenever this Agreement <br />references a party having "sole and absolute" discretion, then that party may exercise its <br />discretion for any reason or no reason at all as that party may determine in its exclusive <br />and independent judgment. <br />{signatures on following page} <br />57 <br />WISEPIace Permanent Supportive Homing <br />City HOME -ARP Loan Agreement <br />