Agmt17 Greystar GP II, LLC - Laserfiche WebLink

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NOW, THEREFORE, in consideration of these recitals and the mutual covenants contained herein, the Parties agree as follows: 1. All of the recitals set forth above are true, correct, and are hereby incorporated in this Amendment as if fully set forth herein. 2. Article 4 (Selection of Consultants and Funding of City Costs) of the Original Agreement is amended to add Section 4.05, Shasta Triangle Costs, as follows: 4.05. Shasta Triangle Costs. Developer shall reimburse the City for all costs associated with the Action and any other action taken in an attempt to secure title interest in the Shasta Triangle in furtherance of development of the Project, from the date of execution of this Agreement. The Parties agree that all costs and expenses incurred and to be incurred by Developer relating to Condition No. 31, securing title interest in the Shasta Triangle, and the Action are incurred and shall be borne solely by Developer, regardless of the outcome of such efforts to secure such title interest. 3. All other provisions of the Agreement will remain in full force and effect. 4. The individuals executing this Amendment and the instruments referenced in it on behalf of Developer each represent and warrant that they have the legal power, right and actual authority to bind Developer to the terms and conditions of this Amendment. DEVELOPER Greystar II, LLC a Delaware limited liability company Sansome Street, Suite 500 San Francisco, CA 94111 By: 4 Zol ithag e 7�gy`I Jonathan K Fearn (Jan 12,202117:43 PST) (sign here) Jonathan Fearn, Vice President (print name/title) CITY OF REDWOOD CITY, a charter city and municipal corporation of the State of California rBy: Melissa Stevenson Diaz, City Manager ATTEST: �qzfi Pamela Aguilar, City Clerk ATTY/AGR/AMENDMENT NO. 2 GREYSTAR GP II, LLC— REIMBURSEMENT AGREEMENT REV: 01-11-2021 VR Page 2 of 2