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RecDoc 2016-129945 Amended and Restated STMMA_420-450 Broadway (Stanford Hospital Clinics)
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RecDoc 2016-129945 Amended and Restated STMMA_420-450 Broadway (Stanford Hospital Clinics)
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Last modified
10/31/2018 12:46:39 PM
Creation date
12/7/2016 12:34:08 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
STMMA Restated and Amended
Doc Num
2016-129945 CONF
Rec Date
12/7/2016
APN
054-133-190, 054-133-200, 054-141-250
Address
420-450 Broadway
Parties
Stanford Health Care
MO Ref
16-219, 18-156
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and all claims, demands, suits, damages, liabilities, losses, accidents, casualties, <br /> occurrences, and payments, including attorney fees claimed or which might arise or be <br /> asserted against the City that are alleged or proven to result or arise from the construction , <br /> presence , existence or maintenance of the stormwater treatment measure(s) by the <br /> Property Owner or the City (collectively, "Claim"). In the event such a Claim is asserted <br /> against the City, its authorized agents, officers, officials or employees, the City shall <br /> promptly notify the Property Owner and the Property Owner shall defend at its own <br /> expense any suit based on such Claim. If any judgment or Claims against the City, its <br /> authorized agents, officers, officials or employees shall be allowed, the Property Owner <br /> shall pay for all costs and expenses in connection herewith . This section shall not apply to <br /> any claims, demands, suits, damages, liabilities, losses, accidents, casualties, occurrences, <br /> and payments, including attorney fees claimed which arise due to the gross negligence or <br /> willful misconduct of the City. <br /> 11 . No Additional Liability. It is the intent of this Agreement to insure the proper <br /> maintenance of the stormwater treatment measure(s) by the Property Owner; provided , <br /> however, that this Agreement shall not be deemed to create or effect any additional liability <br /> not otherwise provided by law of any party for damage alleged to result from or caused by <br /> storm water runoff. <br /> 12 . Performance Financial Assurance . The City may request the Property Owner to <br /> provide a performance bond , security, or other appropriate financial assurance providing <br /> for the maintenance of the stormwater treatment measure(s) pursuant to the City <br /> Stormwater Regulations. <br /> 13 . Transfer of Property. This Agreement shall run with the title to the land and any <br /> portion thereof. The Property Owner further agrees whenever the Property or any portion <br /> thereof is held , sold , conveyed or otherwise transferred , it shall be subject to this <br /> Agreement which shall apply to, bind and be obligatory to all present and subsequent <br /> owners of the Property or any portion thereof. <br /> 14. Notices. The name of the persons who are authorized 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 City: For Property Owner: <br /> City of Redwood City Stanford Medicine Outpatient Center <br /> 1017 Middlefield Road 66 Willow Place <br /> Redwood City, CA 94063 Menlo Park, CA 94025 <br /> (650) 780 - 7000 (650) 723 - 7108 <br /> Attn : City Manager Attn : Mark Tortorich <br /> Except as otherwise stated , all notices to be provided or that may be provided under <br /> this Agreement must be in writing and delivered by regular and certified mail , return <br /> receipt requested . Each party will notify the other immediately of any changes of <br /> address that would require any notice or delivery to be directed to another address. <br /> ATTY/AGR/2016.311/STANFORD HOPSITAL CLINICS 420-450 BROADWAY - STMMA <br /> REV: 11 -03-16 VR <br /> Page 5 of 7 <br />
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