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AgdaPkt 2018-02-12 Joint SA PFA
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AgdaPkt 2018-02-12 Joint SA PFA
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Last modified
2/14/2018 11:26:07 AM
Creation date
2/8/2018 3:21:44 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/12/2018
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ATTY/AGR/2018.028/MID PEN MOSIAC GARDENS – INTERCREDITOR AGREEMENT <br />REV: 02-06-18 JS <br />Page 5 of 7 <br />14. Amendments. This Agreement shall not be modified except by written instrument <br />executed by and between the Parties. The County shall not, without the written consent of the <br />City, agree to an amendment of the County Loan Agreement or the County Note that would <br />reasonably be expected to materially adversely affect the City. The City shall not, without the <br />written consent of the County, agree to an amendment of the City Agreement, or the City Note <br />that would reasonably be expected to materiall y adversely affect the County. <br /> <br /> IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first <br />written above. <br />COUNTY OF SAN MATEO, <br />a political subdivision of the State of California <br /> <br /> <br />By: ___________________________________ <br /> Ken Cole, Director <br /> <br /> <br />CITY OF REDWOOD CITY, a charter city and municipal <br />corporation of the State of California <br /> <br /> <br />By: ___________________________________ <br /> <br /> Melissa Stevenson Diaz, City Manager <br /> <br /> <br />BORROWER: <br /> <br />MP Mosaic Garden Associates, L.P. <br />a California limited partnership <br /> <br />By: MP Atherton Court, LLC, <br />a California limited liability company, <br />Its general partner <br /> <br />By: Mid-Peninsula Seven Trees, Inc. <br />a California nonprofit public benefit corporation <br />Its sole member and manager <br /> <br />By: ___________________________________ <br />Matthew O. Franklin, Assistant Secretary <br /> <br />6.3.A. - Page 78
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