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�•��F� <br /> and other permit for tenant improvements to be undertaken by iScribe pursuant to <br /> Architectural Review permit AP 091 (and the building permit based � upon AP 091 <br /> at 1480 Industrial Way (collectiveiy referred to as the "Permits"), will not increase the <br /> usable square footage of the existing buildings located on thePremises; and <br /> WHEREAS, undergrounding all the Lines would be prohibitively expensive at this <br /> time; and <br /> WHEREAS, iScribe is willing to deposit a certain sum of money to cover the <br /> future cost of undergrounding the overhead power lines located in front of the <br /> Premises. <br /> NOW, THEREFORE, the parties agree as follows: <br /> 1. DEPOSIT. Prior to any further occupancy by iScribe of the buildings <br /> located on the Premises (evidenced by the issuance of an occupancy permit), iScribe <br /> shall deposit the sum of Fifty Thousand Dollars ($50,000), in cash or cashiers check <br /> (the "Deposit") with the City of Redwood City for the future undergrounding of the <br /> overhead power lines located in front of the Premises on Industrial Road, in Redwood <br /> City (the "Industrial Road Lines"). Delivery of the Deposit is a condition precedent to the <br /> issuance to any occupancy permit on the Premises. <br /> 2. TENANTS IMPROVEMENTS. This Agreement only pertains to the tenant <br /> improvements which are contemplated in connection with, and approved pursuant to, <br /> the Permits for the two (2) buildings located at the Premises or which involve <br /> improvements by iScribe which do not alter the square footage of the two (2) buildings. <br /> This Agreement does not in any way refer or pertain to other improvements that may be <br /> undertaken at the Premises. <br /> Agmt-367b 2 <br /> f,�srt�sh/RC/Council <br /> FXS:rg <br /> 09'28/00:10,'1 B/OOR <br /> .. _ __. <br /> _._.._. _..___ . .�._._._ . _ <br /> _. <br />