Laserfiche WebLink
<br />T].2.-F~ <br /> <br />USE OF DEPOSIT. The Deposit shall be used by City only to <br /> <br />3. <br /> <br />underground the Industrial Road Lines within the public right-ot-way. Installation ot on- <br /> <br /> <br />site underground service shall be the responsibility, except as modified herein, of <br /> <br />Owner pursuant to the terms and conditions of the Redwood City Municipal Code. <br /> <br />4. <br /> <br />APPLICATION OF DEPOSIT. City can not guarantee when or if it will <br /> <br />underground the utilities on Industrial Road. In the event that the Industrial Road Lines. <br /> <br />are not undergrounded within ten (10) years from the date of this Agreement, City may, <br /> <br />at its sole discretion, apply the Deposit, with interest thereon, to the undergrounding of <br /> <br />utilities in the vicinity of the Premises. <br /> <br />5. <br /> <br />GOVERNING LAW. This Agreement shall be governed by the laws of <br /> <br />the State of California and any suit or action initiated by either party shall be brought in <br /> <br />the County of San Mateo, California. <br /> <br />6. <br /> <br />PARAGRAPH HEADINGS. Paragraph headings as used herein for <br /> <br />convenience only, and shall not be deemed to alter or amend the provisions of the <br /> <br />paragraphs headed thereby. <br /> <br />7. <br /> <br />AUTHORIZATION. This Agreement becomes effective when endorsed <br /> <br />by both parties in the space provided below. <br /> <br />8. <br /> <br />NON ASSIGNEMENT. This Agreement is not assignable either in whole <br /> <br />or in part. <br /> <br />9. <br /> <br />AMENDMENTS. This Agreement may be amended or modified only by <br /> <br />written agreement signed by both parties. <br /> <br />1 O~ <br /> <br />VALIDITY. The invalidity in whole or in part of any provision of this <br /> <br />Agreement shall not void or affect the validity of any other provision of this Agreement. <br /> <br />Agmt-387b <br />f/sh/shlRC/Council <br />FXS:rg <br />09/28/00: 1 0/18/00R <br /> <br />3 <br />