Agmt90 DDA Sequoia Station - Laserfiche WebLink

Browse Search

JAH:djm 03/06/90R (REDEV) JAH:djm 03/19/90R JAH:djm 04/04/90R reconveyance of the Deed of Trust to be recorded in the official records of San Mateo County and returned to the Agency. The Escrow Agent shall further prepare and transmit to the parties a closing statement. §406 Recordation of Grant Deed or Grant Deeds The Escrow Agent shall file the Grant Deed or Grant Deeds for recordation among the land records in the Office of the County Recorder for San Mateo County, and shall deliver to the Developer a title insurance policy or policies insuring title in conformity with Section 311 of this Agreement. Article 5. DEVELOPMENT OF THE COMMERCIAL COMPONENT OF THE PROJECT §501 Scope of Development The Project shall be designed and developed as an integrated complex in which the buildings shall have architectural excellence individually as well as in their identity as a complex. The spaces between buildings shall be designed, landscaped and developed to the same level of excellence. All development shall conform to the City's codes and standards and will be reviewed by the persons and in the manner described in Sections 502 and 503. The Developer proposes to develop the commercial component of the Project as a mixed use retail center in which a Safeway Store is the anchor tenant. The Developer shall be responsible for culverting and realigning the Jefferson Branch of Redwood Creek crossing the Project Site. The culvert will be designed and built to City standards. The Developer understands that approval to proceed with the Project shall not be granted unless and until the Developer has submitted complete applications for all required City permits as described in the Schedule of Performance. The Developer further understands that as conditions of approval, the City shall require the Developer to pay for, and build, various on and off-site public improvements which relate directly to the Project. Examples of such improvements are indicated on the Basic Concept Drawings. Specific on and off-site improvements will be conditions of the Tentative Map approved for this Project by the City. The Developer agrees not to lease, or release space to uses that will detract from the quality image of the Project. The Developer further agrees not to lease or release ground floor space to office uses in buildings A, B, and C on the Basic Concept Drawings. W.