Agmt00 Irvine Apartment ... (2) - Laserfiche WebLink

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comply within a reasonable time after the event or action which precluded Owner from timely performance no longer exists. It is agreed that Owner shall not be in default if it is unable to complete a portion of the work relating to Monroe Street because of the rights of third parties that preclude performing work such as closing driveways or constructing curbs, and the failure to complete such items because of such third party rights will not prevent Owner from obtaining the release of security required hereunder, provided Owner shall have performed all other work required hereunder. 12. INDEPENDENT CONTRACTORS. It is mutually understood and agreed that neither Owner nor any of Owner's agents or contractors are, or shall be, considered to be agents or employees of the City of Redwood City in connection with the performance of Owner's obligations under this Agreement. 13. ASSIGNABILITY. Owner may assign this Agreement subject to City's approval, which shall not be unreasonably withheld. 14. ASSEMBLAGE OF FRANKLIN STREET The parties mutually acknowledge that the Improvements to be constructed hereunder are to be constructed on a portion of Franklin Street as relocated in accordance with the plans and specifications for such Improvements and, further, that a small portion of relocated Franklin Street, consisting of approximately 215 square feet, and more particularly identified in the "Acquisition for the Realignment of Franklin Street Property Description" prepared by Brian Kangas Foulk dated August 27, 1999, attached hereto and made a part hereof as Attachment "A" (the "Triangle Property"), is owned by a third party. The parties acknowledge that it will be necessary to acquire, by negotiation or condemnation, and to convey to City fee title to the Triangle Property for Agmt-357 AK/djk F :/Shared/Redwood/Cou ncil 5/22/00 5/31/00R 8 1111111111111111111111111111111111111111111111111111111 :T~~~g ~r~~923 ,"-"'------_..,',.. -