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AgdaPkt 2018-08-27 Joint SA PFA
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AgdaPkt 2018-08-27 Joint SA PFA
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Last modified
9/16/2019 9:42:01 AM
Creation date
8/23/2018 6:18:26 PM
Metadata
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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
8/27/2018
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6.2.A. - Page 41 <br />provisions. Any legal actions under this Agreement shall be brought only in the Superior Court <br />of the County of San Mateo, State of California. <br />36. Authority_ . Each party executing this Agreement on behalf of a party represents <br />and warrants that such person is duly and validly authorized to do so on behalf of the entity it <br />purports to bind and if such party is a partnership, corporation or trustee, that such partnership, <br />corporation or trustee has full right and authority to enter into this Agreement and perform all of <br />its obligations hereunder. <br />37. Time is of the Essence. Time is of the essence of this Agreement and of each and <br />every term and condition hereof <br />38. Runs with the Land; Recordation. This Agreement pertains to and shall run with <br />the Property. Upon execution, this Agreement shall be recorded in the Official Records of San <br />Mateo County. Upon completion of performance and satisfaction by Developer of its obligations <br />under this Agreement, including warranty obligations, a written statement shall be recorded by <br />City in the Official Records of San Mateo County terminating this Agreement and releasing all <br />of the Property, The recorded written statement does not release the parties from obligations that <br />survive termination of the Agreement, including indemnification. <br />[Signature Page Follows] <br />REV: 06-22-16 JS <br />Page 14 of 15 <br />ATTY/AGR.2016.159/Centrum Owners Association - IA <br />
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