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<br />15. <br /> <br />MELLO ROOS FINANCING. City acknowledges that the real property <br /> <br />and facilities to be conveyed to City and all other public facilities to be constructed (as <br /> <br />set forth in the Bond documents) are to be acquired by the City of Redwood City <br /> <br />Community Facilities District 2000-1 (the "District') for the benefit of the City, and <br /> <br />nothing contained in this Agreement shall preclude payment or reimbursement to Owner <br /> <br />for the cost of acquisition of such facilities by the District, including all associated costs <br /> <br />and fees, payment for such facilities to be governed by agreement between Owner and <br /> <br />the District. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement the <br /> <br />day and year first hereinabove written. <br /> <br />CITY OF REDWOOD <br />corporation of t S <br /> <br />By: <br /> <br /> <br />City Manager <br /> <br />ATTEST: <br /> <br />) <br />\ . , <br />"'--~ c.~",--<=--,--~~ <br />City Clerk <br /> <br />~~"--~ <br /> <br />OWNER <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 />BY:~ <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Jay Paul <br />Its Sole Member <br /> <br />10 <br /> <br />SH/RWC/Council <br />Agmt-361 <br />06/05/00 <br />06/09/00R <br />FXS/fs <br />