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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~(;' /0, d ~e "effective date"), and shall expire <br /> I ~ <br /> ten years thereafter, to wit, on 'J(~ ! 0 I ~ 0 I J . Each year upon the <br /> I <br />m anniversary of the effective date, the initial term will automatically be extended as <br />Q <br />It) provided in paragraph 2. <br />qoo. <br />f'4"'~ <br /> "'N <br />N.;i- 2. Renewal. Each year on the anniversary of the effective date of this <br />I GO 0 <br /> ~... <br />f'4~ <br />QNOI <br /> _01 Agreement (hereinafter referred to as the "renewal date"), a year shall automatically be <br />QCD .. <br /> NO. <br />NNC> <br /> ~a: <br /> added to the initial term of this Agreement unless notice of non-renewal is mailed as <br />-= <br />~ <br />- provided herein. If either Owner or City desires in any year not to renew the <br />-= <br />-= <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 /> 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:Atty2001 Shared/Redwood/Council/Agmt 2 <br /> MillsActAgrForm <br /> 112901 '1111111111111111111111111111111111111111111111111111 2001-209375 <br /> 1212012001 04:21P <br /> ~G Page: 3 of 12 <br /> .. _"_-.0__.'._'.. <br />