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Res18 15644
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Res18 15644
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Last modified
2/15/2018 8:44:06 AM
Creation date
2/15/2018 8:40:42 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/12/2018
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8. Notices. Formal notices, demands, and communications between the Parties shall <br />not be deemed given unless dispatched by certified mail, return receipt requested, or express <br />delivery service with a delivery receipt, or personal delivery with a delivery receipt, to the <br />principal office of the Parties as follows: <br />City: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attention: City Manager <br />County: County of San Mateo <br />Department of Housing <br />264 Harbor Blvd, Bldg. A <br />Belmont, CA 94002 <br />Attention: Ken Cole, Director <br />Borrower: MP Mosaic Garden Associates, L.P. <br />303 Vintage Park Drive, Suite 250 <br />Foster City, CA 94404 <br />Attention: Administrator <br />Such written notices, demands, and communications may be sent in the same manner to <br />such other addresses as the affected Party may from time to time designate as provided in this <br />Section. Receipt shall be deemed to have occurred on the date marked on a written receipt as the <br />date of delivery or refusal of delivery (or attempted delivery if undeliverable). <br />9. Titles. Any titles of the sections or subsections of this Agreement are inserted for <br />convenience of reference only and shall be disregarded in interpreting any part of the <br />Agreement's provisions. <br />10. California Law. This Agreement shall be interpreted under and pursuant to the <br />laws of the State of California. <br />11. Severabilitv. If any term of this Agreement is held in a final disposition by a <br />court of competent jurisdiction to be invalid, then the remaining terms shall continue in full force <br />unless the rights and obligations of the Parties have been materially altered by such holding of <br />invalidity. <br />12. Entire Aereement. This Agreement constitutes the entire understanding and <br />agreement of the Parties with respect to the distribution of proceeds upon foreclosure of or other <br />remedies under the Deeds of Trust. <br />13. Counternarts. This Agreement may be executed in multiple originals, each of <br />which is deemed to be an original, and may be signed in counterparts. <br />ATTY/AGR/2018.028/MID PEN MOSIAC GARDENS— INTERCREDITOR AGREEMENT <br />REV: 02-06-1815 <br />Page 4 of 7 <br />
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