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RecDoc 96-078463
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RecDoc 96-078463
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Last modified
8/16/2016 12:53:42 PM
Creation date
8/16/2016 12:48:05 PM
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Template:
Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agreement Lido Neighborhood No.1
Doc Num
96-078463
Rec Date
6/27/1996
Parties
Redwood Shores Properties, KG Shores Corp., KG Pen
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DES : dj ' 06 / 05 / 96 ( 014 / 70 ) <br /> FXS : dja_ 06 / 12 / 96R <br /> FXS : djk 06 / 14 / 96R <br /> employees of the City of Redwood City in connection with the <br /> performance of Owner ' s obligations under this agreement . <br /> 13 . ASSIGNABILITY . This Agreement shall inure to and be <br /> binding on the successors , assigns and heirs of the parties <br /> hereto . Owner may assign this agreement subject to City ' s <br /> approval , which shall not be unreasonably withheld . <br /> City understands and acknowledges that Owner intends to <br /> assign its rights , interests and obligations under this Agreement <br /> to M . J . Brock & Sons , Inc . , a Delaware corporation , dba Ryland t.n <br /> 0) <br /> Homes Bay Area Division ( " Ryland " ) . City hereby agrees to and C <br /> approves of such assignment by Owner to Ryland . Upon such Co <br /> assignment under this Section 13 , Redwood Shores Properties shall Cn <br /> Cs) <br /> be relieved from any of its obligations under this Agreement and <br /> Ryland shall assume all of the Redwood Shores Properties ' rights , <br /> interests , duties and obligation under this Agreement . <br /> IN WITNESS WHEREOF , the parties hereto have executed this <br /> agreement the day and year first hereinabove written . <br /> CITY OF REDWOOD CITY , a municipal <br /> corporation of the State of <br /> California <br /> By : //e <br /> ity Manager <br /> ATTEST : <br /> if / e . , <br /> sty Cle - go <br /> 12 <br />
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