My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
AgdaPkt 2017-09-11 Closed and Joint SA PFA
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2010-2019
>
2017
>
AgdaPkt 2017-09-11 Closed and Joint SA PFA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/21/2017 12:51:50 PM
Creation date
9/7/2017 6:06:39 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
9/11/2017
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
530
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
6.1.A. - Page 13 <br /> 25. Remedies. <br /> 25.1 City may proceed to complete the Work by contract or other method City <br /> considers advisable, at the sole expense of Developer. Developer, immediately upon demand, <br /> shall pay the costs and charges related to the Work and any subsequent repairs. City, without <br /> liability for doing so, may take possession of and utilize in completing the Work and repairs, if <br /> any, such materials and other property belonging to Developer as may be on or about the Property <br /> and necessary for completion of the work. In the event of default,the financial institution holding <br /> the securities shall be liable to City to pay the face amount of the security, as specified under <br /> Section 13. <br /> 25.2 City may bring legal action to compel performance of this Agreement and <br /> recover the costs of completing the Work and/or repairs, if any, including City's administrative <br /> and legal costs or pursue any other action at law or equity. <br /> 253 Developer agrees that if legal action is brought by City under this section of the <br /> Agreement,Developer shall pay all of the costs of suit, reasonable attorney fees,arbitration costs <br /> and such other costs as may be determined by the court or arbitrator. <br /> 25A No failure on the part of City to exercise any right or remedy hereunder shall <br /> operate as a waiver of any other right or remedy that City may have hereunder. <br /> 255 The rights and remedies of City are cumulative, and the exercise by City of one <br /> or more of such rights or remedies shall not preclude the exercise by it, at the same or different <br /> times,of any other rights or remedies for the same default or any other default. <br /> 26. Final Drawings. Upon completion of the Work and prior to final acceptance, Developer <br /> shall deliver to City a set of"as-built"drawings consistent with the Conditions. These drawings shall be <br /> in a form acceptable to the City Engineer, shall be certified as being"as-built"and shall reflect the Work <br /> as actually constructed, with any and all changes incorporated therein. Said drawings shall be signed and <br /> sealed as accurate by the engineer of record. <br /> 27. Monuments. All pipes and monuments shown on the Final Map which are destroyed or <br /> displaced during construction operations shall be replaced by Developer at the time of the final inspection <br /> of the Improvements,if any. <br /> 28. Attorneys'Fees. Should any legal action or arbitration be brought by either party because <br /> of breach of this Agreement or to enforce any provision of this Agreement, the prevailing party shall be <br /> entitled to all costs of suit, reasonable attorneys' fees, arbitration costs and such other costs as may be <br /> determined by the court or arbitrator. <br /> 29. Notices. Any notices relating to this Agreement shall be given in writing and shall be <br /> deemed sufficiently given and served for all purposes when delivered personally or by generally <br /> recognized overnight courier service, or five (5) days after deposit in the United States mail, certified or <br /> registered,return receipt requested,with postage prepaid,addressed as follows: <br /> To the Lessee: Lane—Broadway,LLC <br /> 644 Menlo Ave.,2 d Floor <br /> Menlo Park,CA 94025 <br /> Attn: Scott Smithers <br /> REV:08-31-17 PR <br /> Page 10 of22 <br /> ATTY/AGR.2017.195/Lane-Broadway, LLC-IA <br />
The URL can be used to link to this page
Your browser does not support the video tag.