RecD01 2001-209070 - Laserfiche WebLink

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the Historic Property and to qualify the Historic Property for an assessment of valuation pursuant to the provisions of Chapter 3, of Part 2, of Division 1 of the California Revenue and Taxation Code. NOW, THEREFORE, CITY AND OWNER, in consideration of the mutual covenants and conditions set forth herein, do hereby agree as follows: 1. Effective Date and Term of the Aqreement. The term of this Agreement shall commence on Jìl~!x,¡ I ð AOO!- (the "effective date"), and shall expire ~ ten years thereafter, to wit, on ç., /D ~6/1 . Each year upon the I anniversary of the effective date, the initial term will automatically be extended as It) provided in paragraph 2. S ~ a. 2. Renewal. Each year on the anniversary of the effective date of this ...",19 ,....",N ~~; Agreement (hereinafter referred to as the "renewal date"), a year shall automatically be ~g .. SNGI S~~ added to the initial term of this Agreement unless notice of non-renewal is mailed as NNC> ~a: provided herein. If either Owner or City desires in any year not to renew the - ~ = Agreement, Owner or City shall serve written notice of non-renewal of the Agreement - - on the other party in advance of the annual renewal date of the Agreement. Unless == --- _ such notice is served by Owner to City at least ninety (90) days prior to the annual - - renewal date, or served by City to Owner at least sixty (60) days prior to the annual == ~ ::::: renewal date, one (1) year shall be automatically added to the term of the Agreement as - ~ provided herein. Upon receipt by Owner of a notice of non-renewal from City, Owner may make a written protest of the notice. City may, at any time prior to the annual renewal date of the Agreement, withdraw this notice to Owner of non-renewal. If either City or Owner serves notice to the other of non-renewal in any year, the Agreement ~~~~~?2~r~~~d/Redwood/council/Agmt 611111111111111111111111111111 11111111111111111111111 ~ ~~~~~~f ~~ 0 7 0