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<br /> the Historic Property and to qualify the Historic Property for an assessment of valuation <br /> pursuant to the provisions of Chapter 3, of Part 2, of Division 1 of the California <br /> Revenue and Taxation Code. <br /> NOW, THEREFORE, CITY AND OWNER, in consideration of the mutual <br /> covenants and conditions set forth herein, do hereby agree as follows: <br /> 1. Effective Date and Term of the Aqreement. The term of this Agreement <br /> shall commence on J)¡~ tx-/ I ð :4001- (the "effective date"), and shall expire <br /> ~ !O ~6/1 . Each year upon the <br /> ten years thereafter, to wit, on ç., I <br /> anniversary of the effective date, the initial term will automatically be extended as <br />L') provided in paragraph 2. <br />S <br />It) 2. Renewal. Each year on the anniversary of the effective date of this <br />¢o. <br />~t")0 <br />t")N <br />N.;i- Agreement (hereinafter referred to as the "renewal date"), a year shall automatically be <br />100 <br />~.q <br />~~ .. <br />SNa¡ <br />_m added to the initial term of this Agreement unless notice of non-renewal is mailed as <br />SID .. <br />NO. <br />NNC> <br />~a: <br />--- provided herein. If either Owner or City desires in any year not to renew the <br />~ <br />--- Agreement, Owner or City shall serve written notice of non-renewal of the Agreement <br />--- <br />- <br />- <br />--- on the other party in advance of the annual renewal date of the Agreement. Unless <br />~ <br />== <br />- <br />== such notice is served by Owner to City at least ninety (90) days prior to the annual <br />- <br />- <br />== <br />- renewal date, or served by City to Owner at least sixty (60) days prior to the annual <br />- <br />~ <br />~ <br />--- renewal date, one (1) year shall be automatically added to the term of the Agreement as <br />- <br />- <br />~ <br /> provided herein. Upon receipt by Owner of a notice of non-renewal from City, Owner <br /> may make a written protest of the notice. City may, at any time prior to the annual <br /> renewal date of the Agreement, withdraw this notice to Owner of non-renewal. If either <br /> City or Owner serves notice to the other of non-renewal in any year, the Agreement <br /> F:Atty200 1 Shared/Redwood/Council/Agmt tllll UIII IIIIIII IIII IIIII IIII 111111\ III IIIII IIII IIII 2001-209070 <br /> MiIIsActAgrForm 12/20/2001 10,13A <br /> 112901 AG Page, 3 of 11 <br /> ._~"-_.._- <br />