Agmt97 Woodside Technology Cent - Laserfiche WebLink

Browse Search

Sectioa3.05 No Obligatio.. to Pay Corridor Assessment Dutrict fell or Cityw'ide or Areawide TraØie Impact Feel Payment. In the event Owner does not undertake Project and does not, obtain any Project Buildin¡ Permits for Building One, Building Two, and Building Three, Owner shall not be obliiated to pay the Corridor Assessment District Fees or Citywide or Areawide Traffic Impact Fees. Sectioa3.06 No Further, Traffic Impact Fees. Except as expressly provided for in Section 3, Ownœr shall have no further obli¡atioI1 to participate in, pay, contribute, or otherwise provide any other traffic impact fees imposed by City or contribute fees, assessmentS or taxes to other fundin¡ pro¡ram.s or mechanisms in connection with the Project. In the event Owner seeks any other approval, development permit, or entitlement from the City regarding the Project, City Sballl1Ot subjeCt Owner to any further obligation to pay, contribute, or otherwise provide Corridor Assessment DiStrict Fees or Citywide or Areawide Traffic Impact Fees, or any other traffic impact fees. SeetioD 3.07 Use of FUDds. The paymentS referred to in Section 2 above, are intended to be payments tOward the mitigation of the traffic impact ¡enerated by the Project. City intends to use the funds received from Owner pursuant to Section 2, above. toward the construction of Corridor Improvements or other traffic mitigation improvements along the: Corridor. SECTION 4. NOTICES SeedoD 4.~1 Notices. All notices, requests, qta-t'l1::1ftciQ aDd other communications between City or OWner under this Agreement must be in writin¡, and may be given either personally or by registered or certified ~ retUrn receipt requested. If given by re¡istered or certified mail, such notice or communication shall be deemed to have been given and received on the first to occur of ('1) actual receipt by any of the addressees designated below as the party to whom notices are to be sent; or (ü) five (5) days after a re¡istered or certified letter containing such notice, properly addressed, with postage prepaid, is deposited in the United States mail. If personally delivered, a notice shall be deemed to have been ¡iven when delivered to the party to whom it is addressed. Any party heretO may at any time, by giving ten (10) days written notice to the other party hereto. designate any other address in substitution of the address to which such notice or communication shall be ¡iven. Such notices or communications shall be given to the parties at their addresses set forth below: If to City, to: Director of Community Development City of Rcdwoo1020 Middlefield Road Redwood City, California 94063 Tclephone: (650) 780-7234 Facsimile: (650) 780-0128 ' we-170tO With Courtesy Copies to: City Attorney 702 ~larshall St. Redwood City, California 94063 Telephone: (650) 780-7200 Facsimile: (650) 780-365-8901 6