LOCAL BUSINESS AND EMPLOYMENT. 12.1 The Lessor acknowledges that the Lessee seeks to promote employment and business opportunities for local residents and firms on all Lessee agreements. The Lessor will, to the extent legally possible, solicit applications for employment, and bids and proposals for subcontractors, for work associated with this Agreement from local residents and firms as opportunities occur. The Lessor agrees to hire qualified local residents and firms whenever feasible. 12.2 The Lessor understands that failure to comply with the above requirements, and/or submitting false information in response to these requirements, may result in termination of this Agreement, and/or suspension from participating in future City agreements as a Lessor for a period of not less than one (1) year. For additional or subsequent violation, the period of suspension may be extended for a period of up to three (3) years. Failure to satisfy penalties imposed pursuant to this section shall prohibit the Lessor from participating in future City agreements until all penalties have been satisfied.
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Samples: Master Lease Agreement, Master Lease Agreement, Master Lease Agreement
LOCAL BUSINESS AND EMPLOYMENT. 12.1 The Lessor acknowledges that the Lessee seeks to promote employment and business opportunities for local residents and firms on all Lessee agreements. The Lessor will, to the extent legally possible, solicit applications for employment, and bids and proposals for subcontractors, for work associated with this Agreement from local residents and firms as opportunities occur. The Lessor agrees to hire qualified local residents and firms whenever feasible.
12.2 The Lessor understands that failure to comply with the above requirements, and/or submitting false information in response to these requirements, may result in termination of this ofthis Agreement, and/or suspension from participating in future City agreements as a Lessor for a period of not ofnot less than one (1) year. For additional or subsequent violation, the period of suspension ofsuspension may be extended for a period of up ofup to three (3) years. Failure to satisfy penalties imposed pursuant to this section shall prohibit the Lessor from participating in future City agreements until all penalties have been satisfied.
Appears in 1 contract
Samples: Master Lease Agreement