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waived by this Agreement. In such an event wILLIAMS will be entitled to <br />recover and take ownership of the f ber and access points provided by <br />wILLIAMS to the City. <br />RENE~~TIATIUN CLAUSE <br />G. The parties acknowledge that time is of the essence in completion of the <br />construction of wILLIAMS f ber. To meet its other requirements, wILLIAMS <br />must have the BPA route installed and lit by September 1,1999, and the wagon <br />Road route installed and lit by October 15,1999. To meet this schedule, <br />wILLIAMS anticipates that it must be cleared to start construction and <br />installation by July 1,1999, for the BPA raute. The City understands the <br />importance of speed and undertakes to share a portion of the risk. If the mutual <br />efforts of the Consortium members and wILLIAMS are not successful in <br />resolving by July 1, I999, all outstanding permit issues identified in discussions <br />between the Consortium and wILL1AMS on or before June 10,1999, for any <br />permits that are an extension of or are triggered by those permit issues discussed <br />on or before June I O, I999~ the City accepts that there will have been a <br />diminution in the value of the services provided by the Consortium, which would <br />justify a reduction in the value or quantity of goods or services provided by <br />wILLIAMS in fulfillment of its obligations under this Agreement. The <br />determination of whether a reduction in wILLIAMS obligations will be <br />negotiated in the event that such becomes necessary will be determined in the sole <br />discretion of wILLIAMS operating in good faith}. if such renegotiations <br />become necessary the parties will negotiate in gvodfaith,-considering the nature <br />of the events causing delay, the efforts expended by the Consortium, the resulting <br />damage to wILLIAMS due to the delay, and the nature and extent of the delay. <br />Except in the event that there is a grossly negligent or willful action to prevent the <br />achievement of the purposes of this Agreement, the actions in furtherance of the <br />goals of this Agreement, and any failure to achieve the purposes of this <br />Agreement shall not be considered a cause of any damages to wILLIAMS due to <br />a delay in the completion of the construction. flawever, the preceding sentence <br />shall not apply to any diminution in value of the goods or services provided to the <br />CitylConsortium by Williams as provided in this paragraph. <br />Any determination of diminution of value, as described in this Agreement, shall <br />be made, and notice thereof shall be provided to the Consortium on or before <br />December 31,1999. <br />This Agreement concerning renegotiation does not cover or include any delay in <br />Lane County construction resulting from a need to complete requirements for <br />Lane County land use approval relating to construction in the right-of-ways, so <br />long as the Consortium continues to use best efforts to ensure rapid consideration <br />of such issues. This exception is made because the need for such a procedure was <br />not known to the parties at the time of the initial decision regarding renegotiation. <br />July 9,1999 Page 9 <br />