Agmt95 Fair Oaks Library-SM Cou - Laserfiche WebLink

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Page 15 2. NATURE OF AGREEMENT. County hereby grants to City the right, privilege, permission and license to enter upon and occupy County's Parcel for the purpose of carrying out the specific provisions of this Agreement. City hereby grants to County the right, privilege, permission and license to enter upon and occupy City's Parcel for the purpose of carrying out the specific provisions of this Agreement. The licenses granted by County to City and by City to County shall be deemed irrevocable during the term hereof, as specified in Part IV, Section 1 of this Agreement, on the grounds that each such license is coupled with an interest. This Agreement does not constitute the grant of a lease, deed, easement, or a conveyance or transfer of any property interest by County or City. 3. IMPLEMENTATION OF AGREEMENT. Unless otherwise indicated in the Agreement, or as may be required by law, the City Manager shall be authorized, and is hereby directed, to carry out and implement the provisions of this Agreement on behalf of City, and the County Manager shall be authorized, and is hereby directed, to carry out and implement the provisions of this Agreement on behalf of the County. 4. ASSIGNMENT. This Agreement is not transferable or assignable. 5. RESERVATIONS. This Agreement is subsequent to and subject to all prior exceptions, reservations, grants, leases, easements, or licenses of any kind whatsoever as the same appear on record in the San Mateo County Recorder's Office, or in the other public records of the County. County and City covenant that the use of the Premises will at all times be conducted with proper regard for any party having rights, title, or privileges in the Parcels. 6. TAXES. The parties understand and agree that both Parcels constitute public property free and exempt from all taxation. The County and City shall, however, take whatever steps may be necessary upon written request therefor by the other party to contest any proposed tax or assessment, or to take steps necessary to recover any tax or assessment paid. 7. LAWS AND REGULATIONS. County and City shall at all times maintain, occupy, and use the Parcels and Building in compliance with all laws, rules, and regulations which may be applicable RWC HSA/Library Agreement - Part IV -'"