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"A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE <br />CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER <br />FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY <br />HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER <br />SETTLEMENT WITH THE DEBTOR." <br />25. Effect of Redevelooment Dissolution Act. The parties acknowledge and understand <br />that with the passage of ABx1 26, the Dissolution Act (which took effect on December 29, 2011 <br />upon issuance of a California Supreme Court decision in California Redevelopment Association <br />v. Matosantos (5194861) upholding the Dissolution Act as constitutional), the dissolution of the <br />Redwood City Redevelopment Agency (which took effect on February 1, 2012 per the California <br />Supreme Court decision), and additional amendments to the Dissolution Act, the state of the <br />City Property transfer from the Redwood City Redevelopment Agency to CITY is in flux. The <br />Department of Finance and the State Controller have reviewed the City Property transfer and <br />have not objected to the City Property transfer. CITY in good faith believes that its execution of <br />this Agreement is permitted by the Dissolution Act and the Dissolution Act Amendment. <br />However, given the uncertain state of related laws, uncertainty as to the full effect of the <br />Dissolution Act or its amendments, and the possibility of future legislative enactments, City <br />expressly disclaims any representation or warranty to that effect (written or oral, or express or <br />implied) and LICENSEE expressly acknowledges and agrees that upon direction from the State <br />of California or San Mateo County, CITY may have to revoke the license granted hereunder. <br />LICENSEE REPRESENTS AND WARRANTS TO CITY THAT IT HAS READ AND <br />UNDERSTANDS THE CONTENTS OF THIS LICENSE, HAS HAD AN OPPORTUNITY TO <br />REVIEW AND DISCUSS IT WITH COUNSEL OF ITS CHOOSING, AND AGREES TO <br />COMPLY WITH AND BE BOUND BY ALL OF ITS PROVISIONS. <br />IN WITNESS WHEREOF the parties have executed this Agreement as of the day and <br />date first above written. <br />REDWOOD CITY: LICENSEE: <br />By: VI I.Q.Qt�iC[ By: -- <br />Melissa Stevenson Diaz, Name: v6 <br />City Manager Its: Pre s[ d <br />By. <br />Name: <br />Its: <br />ATTEST: <br />Pamela Aguilar, y Clerk <br />REV: 12-11-17 VR <br />Page 11 of 12 <br />ATTY/AGR.2017.287/DEVCON CONSTRUCTION/LICENSE AGREEMENT/BRADFORD PARKING <br />