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expense. The City reserves the option to record such release of this Agreement. The <br /> stormwater treatment measure(s) shall not be removed from the Property unless such a <br /> release is so executed and recorded. <br /> 21. Effective Date and Modification. This Agreement is effective upon the date of <br /> execution as stated at the beginning of this Agreement. This Agreement shall not be <br /> modified except by written instn�ment executed by the City and the Property Owner at <br /> the time of modification. Such modifications shall be effective upon the date of <br /> execution and shall be recorded. <br /> IN WITNESS WHEREOF, the parties have executed this Agreement as of the <br /> date first stated above. <br /> PROPERTY OWNER:��L����9 �� � <br /> �(ax�6f �.,�� ��<7-�y c, <br /> SunCap Investments LLC,� � �'�� �� <br /> a North C rolina limited liability company� <br /> /�s �h--<"•Ph�2 <br /> � <br /> By: "' , (NAME) <br /> a , <br /> By: <br /> Name: ��c-�„�� � fl�.�a <br /> Title: �".r�-�� �'c���� <br /> �Signature must be notarized] <br /> cir�r <br /> CITY OF REDWOOD CITY, a <br /> municipal corporation <br /> � <br /> Robert B. II, City Manager �� �g Q,�� <br /> a � ust be nofarized] <br /> AT S : <br /> Silvia mden, City Clerk <br /> RE •02 0- 5 VR <br /> Page 7 of 9 <br /> ATfY/AGR.2015.035/SunCap Redwood LLC(STMMA) <br />