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RecDoc 2016-038477 1305 El Camino Real
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RecDoc 2016-038477 1305 El Camino Real
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Last modified
5/31/2016 4:07:13 PM
Creation date
5/31/2016 3:41:12 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
STMA 1305 El Camino Real
Doc Num
2016-038477
Rec Date
4/28/2016
Address
1305 El Camino Real
Parties
RWC ECR Venture, LLC
MO Ref
16-041
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Property Owner or the City (coHectively. "Glaim"). In the event suc� � Cla�m � assert�d <br /> against the Cit�r� its au#horized agents, officers, afficiats or empfoyees, the City shall <br /> promp#ly notify the Prnperty Owner and the Property Owner shall defend at its own <br /> expense any suit based an such Claim. If any judgment or Claims aga�nst the C�yr, �ts <br /> authorized agents� officers, off�cials or emp�yees shali be allo�n�ed, the Property Owner <br /> shall pay for all oost��nd expenses in connection herewith. This sectbn sha�t r�at a�ty to <br /> any claims, demands, suits� damages, liabil'rties� k�s,ses� aa�den#s, c�sual�, acxxamences, <br /> and payments, �ndudir� attomey fees claimed which arise due to the gross negfigence or <br /> wiliful miscanduct of the City. <br /> 11. No Add��onal L�abilitv. It is the intent of this Agreement to insure the proper <br /> maintenance of the starmwater treatment measure(s) by the Property Owner; provided, <br /> however� that this Agreement shall not be deemed to create or effect any�dd'rtionat tiab�t�ty <br /> not othervvi�e provided by law of any party for damage alleged to result from or caused by <br /> storm water runoff. <br /> 12. Performance Firt�ncial /�ssurance. The City may request the Proparty Owner to <br /> provide a performanoe bond, security, or other appropriate frnancial assu�nce providing <br /> for the maintenance of the stormwater treatment measure(s) pursuant to the City <br /> Stormvveter Regutabons. <br /> 13. TransfQr of Praqertv. This Agreement shell run with #he title to the {and and eny <br /> portion thereof. The Property Own�r further agrees whenever the Property ar any �art�on <br /> thereof is held, sold� c�nveyed or otherwise transferred� it shafl be sul�ct to this <br /> Agreement which shall apply to, bind and be obiigatory to atl present end �ubsequent <br /> owners of the Property or any portion thereof. <br /> 14. Notices. The name of the persans wfio are autharized to give written notices or <br /> to receive written notice on behalf of City and on behalf of the Property Owner under <br /> this Agreement. <br /> For C' : For Pro�rtv Owner: <br /> City of Redwood City RWC ECR Venture, LLC <br /> 1017 Middlefieid Road 221 Main Street#1280 <br /> Redwood City, CA 94063 San Fran�i�, CA 94105 <br /> (650) 7g0 - 7000 (415)489-3906 <br /> Attn: City Manager Attn: Jonathan Hayes <br /> Except as otherwise st�ted� all notices to be provided or that may be provided under <br /> this Agreement must be in writing and deliwered by regular end c;ertified mail, retum <br /> receipt requested. Eac.h p�rty will notify the Qth�r immediately of any d��nges of <br /> address that wouFd r�quire any notice or delivery to be directed to �nother address. <br /> REd:01-21-16 VR <br /> Paye 5 of 7 <br /> ATTY/AGR.2016.011/RWC ECR Venture,LLC-STMMA <br />
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