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<br />15. <br /> <br />MELLO ROOS FINANCING. City acknowledges that the real property and <br /> <br />facilities to be conveyed to City and all other public facilities to be constructed (as set forth in <br /> <br />the Bond documents) are to be acquired by the City of Redwood City Community Facilities <br /> <br />District 2000-1 (the "District') for the benefit of the City, and nothing contained in this Agreement <br /> <br />shall preclude payment or reimbursement to Owner for the cost of acquisition of such facilities <br /> <br />by the District, including all associated costs and fees, payment for such facilities to be <br /> <br />governed by agreement between Owner and the District. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and <br /> <br />year first hereinabove written. <br /> <br />CITY OF REDWOOD CITY, a municipal <br />corporation of the State of <br /> <br />:::irornia ø~ <br /> <br />City Manager <br /> <br />ATTEST: <br /> <br />"< ,~. "-""~'~ <br /> <br />C'. <br /> <br />\ <br />s~ "..:S,-~ ': ,~-_\,-._- <br /> <br />City Clerk <br /> <br />PACIFIC SHORES DEVELOPMENT, LLC <br />A Delaware Limited Liability Company <br /> <br />By: Technology Land, LLC, a California <br />Limited Liability Company <br /> <br />Its Operating Member <br /> <br /> <br />By: ' X--------- <br />V Jay Paul <br />Its Sole Member <br /> <br />-10- <br /> <br />SH/RWC/Council <br />Agmt-360 <br />06/05/00 <br />06/o9/ooR <br />FXS/fs <br /> <br />11111\111111\\11111111111111 \1111\11111 \\1111\1\ 1111111 <br /> <br />2000-0S9117 <br />07/21/2000 08 55~ <br />~G Page 11 of 13 <br />