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<br />S t:. - r;:) <br /> <br />expert and attorney fees, including severance damages, if any, of such acquisition. To <br />assure such payment. Owner has deposited with City Sixteen Thousand and No/100 <br /> <br />Dollars ($16,000.00) to cover City's estimated acquisition costs for the Triangle <br /> <br />Property. <br /> <br />Owner understands and agrees that the amount of said deposit is an <br /> <br />estimate and agrees to pay any additional amount for the aforesaid services provided <br />by City within ten (10) days after billing by the City. Any part of the deposit not utilized <br /> <br />by City for costs of acquisition shall be returned to Owner. <br />Owner further agrees that if the Triangle Property is acquired pursuant to the <br /> <br />terms of that certain <br /> <br />Disposition and Development Agreement for Franklin Street <br /> <br />Project CODA") dated as of August 9, 1999, by and between Owner and the <br />Redevelopment Agency of the City of Redwood City, Owner shall conveyor agree to <br /> <br />the conveyance to City of fee title to the Triangle Property. <br />Owner agrees that City shall not be required to issue a Certificate of Occupancy <br /> <br />for the project which is the subject of the Final Map unless and until fee title is acquired <br />and conveyed to City and the improvements required under this Agreement (other than <br /> <br />the portion of the work relatina to Monroe Street that Owner is unable to <br />complete because of the riqhts of third parties as contemplated bv the last <br /> <br />paraqraph of Paraqraph..11...hereof) have been satisfactorily completed. <br /> <br />15. <br /> <br />TERM. <br /> <br />This Aqreement shall continue in effect until the date <br /> <br />that is one (1) year after final acceptance of all work to be done hereunder <br />(includlruUhe portion olihe work relatina to Monroe Street that may be deferred <br /> <br />because of the riqhts of thm;J parties as contemplated bv the last paraqraph of <br />Paraaraph 1j hereof). <br /> <br />Agmt-357 <br />AKldjk <br />F: ISh a red/Redwood/Co unci I <br />5/22/00 5/31/00R <br /> <br />9 <br /> <br />"----"""'T . ..--.,."........ <br />