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AgdaPkt 2018-06-11 Closed and Joint SA PFA
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AgdaPkt 2018-06-11 Closed and Joint SA PFA
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Last modified
6/13/2018 4:05:50 PM
Creation date
6/7/2018 6:21:34 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
6/11/2018
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6.1.F. - Page 18 <br />DRAFT 5/18/2018 <br />22. Allocation of Costs and Expenses. The City shall pay (or cause to be paid) the <br />expenses and fees of the Escrow Agent, including those costs associated with document <br />preparation and recordation of this Agreement, its deeds and patents, and any associated <br />documents. The City shall also pay (or cause to be paid) all closing costs, including without <br />limitation all expenses and fees associated with any title insurance policy. <br />23. No Admission or Effect if Agreement Not Made Effective. If this Agreement <br />does not become effective or becomes effective but is declared by a final non -appealable <br />judgment of a court of competent jurisdiction to be invalid, nothing in it shall constitute, or be <br />construed as, an admission by any Party hereto or evidence concerning the boundaries, physical <br />character, or character of title or interest in the Bradford Street Site or Maple Street Site. <br />24. No Effect on Other Lands. The provisions of this Agreement do not constitute, <br />nor are they to be construed as, an admission by any Party or evidence concerning the <br />boundaries, physical character, or character of title to or interest in any lands outside the <br />Bradford Street Site or Maple Street Site. <br />25. No Damages. No party shall have any remedy for monetary damages against <br />another party for breach of this Agreement, excepting recovery of attorneys' fees or other monies <br />required to be paid by this Agreement. <br />26. Notice. Any notice required pursuant to this Agreement shall be in writing and <br />given by delivering the notice in person, by commercial courier, or by sending it by registered or <br />certified mail, or overnight mail, return receipt requested, with postage to the addresses shown <br />below or to such other address as the applicable Party may provide. For the convenience of the <br />Parties, notice also may be given by electronic mail in addition to one of the above methods, at <br />the addresses listed below: <br />Commission: <br />State Lands Commission <br />100 Howe Avenue, Suite 100 South <br />Sacramento, CA 95825-8202 <br />Attn: Chief Counsel <br />Email: Mark.Meier@slc.ca.gov <br />With copies to: <br />Office of the Attorney General <br />State of California <br />1300 I Street <br />Sacramento, CA 95814 <br />Attn: Jeremy Brown <br />Email: Jeremy.Brown@doj.ca.gov <br />City: <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attn: City Manager <br />11 <br />
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