RecDoc 2015-096398 One Marina Owners Association_Assignment & Assumption of LMA from 2011_07292015

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• e. • Services or other Activities until the certificates or any substitute certificates have been approved by the City's Risk Manager. • • 9: PERMITS AND APPROVALS. To the extent that performance of the Maintenance • • Services or other Activities requires permits or governmental approvals, the Developer shall, at its sole cost and expense, obtain such permits and approvals. The City shall issue additional _ encroachment permits as needed, from time to time, on the terms set forth in Section 8 above. 10. TERM'. This Agreement shall commence immediatel • upon the Effective Date and shall • continue in perpetuity until and unless terminated by the City. 11 . INDEMNIFICATION. The Developer shall indemnify, defend and hold the .City, its • Council, boards, offices, . commissions, agents and employees harmless from liens, claims, demands, actions, causes of action, obligations, liabilities; damages, losses, costs and expenses, including • • reasonable attorneys' fees (individually, "Claims" and collectively, "Claims"); which may arise from or in • any manner relate to any work performed or services provided under this Agreement by the Developer; or the Developer's contractors, subcontractors, agents or employees, including, but not limited to, the performance of the Maintenance Services or other Activities. Notwithstanding the forgoing, the • Developer shall not be obligated under this Agreement to defend and/or indemnify the City to the extent • that any. Claim is caused by the negligence or willful misconduct of the City or its agents or employees. ' • • The aforementioned inderimity shall apply regardless of whether or not the City has prepared, supplied or . • approved plans and/or specifications for the Improvements and regardless of whether any insurance required under this Agreement is applicable to any Claims. • 12. DEFAULT. The failure to maintain the Improvements will constitute an- event of default. Upon such event of default, the City shall provide written. notice to the Developer. Upon receipt of the • written notice, the Developer shall have thirty (30) days to remedy such event of default (or such longer • period of time as may reasonably be required, provided that the Developer shall commence to remedy such default within thirty (30) days period and thereafter diligently prosecute such remedy to completion). If the Developer fails to remedy the event of default within the prescribed tirne period, the City shall have • • the right to do all work necessary to rehtedy the event of default and charge the Developer actual costs incurred by the City for such work. • • 13. - ASSIGNMENT BY CITY. The City shall have the right at its option to assign its rights. . ' and obligations under this Agreement to a municipal services district or other public agency without consent of the Developer. • 14. . AGREEMENT ATTACHES TO LAND AND BINDS DEVELOPER'S SUCCESSORS • AND ASSIGNS. This Agreement pertains to and runs with the One Marina site in perpetuity, and shall be recorded against One Marina. ' This Agreement binds the assigns and successors-in-interest of the • Developer, including any transferee of a fee interest in any lot located within One Marina. The City and its successors and assigns, in the event of any breach of this Agreement, shall have the right to exercise all of the rights and remedies, and to maintain any actions at law or suits in equity or other proper proceedings against the Developer or its permitted successors and assigns to enforce the curing of such breach . • 15. ASSIGNMENT BY DEVELOPER: • RELEASE OF DEVELOPER'S OBLIGATIONS. The Developer may assign its obligations under this Agreement only with the prior written approval of the City. In connection with any such assignment, the Developer and its assignee shall execute and deliver to the City a written assignment and assumption agreement in a form acceptable to the City • Attorney. It is the intent of the Developer to sell and/or grant the fee interest of lot(s), parcel(s) and/or ATTY/AGR/2011 .077/LANDSCAPE MAINTENANCE AGREEMENT • 082911 • 5 • Description: San Mateo, a.. Document - Year. DocID 2011 . 115922 Page : - 5 of 17