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RecDoc 2018-075527 IA 601 ECR
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RecDoc 2018-075527 IA 601 ECR
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Last modified
1/7/2019 9:38:18 AM
Creation date
10/3/2018 5:07:43 PM
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Template:
Recorded Docs
Recorded Docs - Type
Agreement
Rec Date
9/27/2018
Address
601 El Camino Real
Parties
KB South Bay, Inc.
MO Ref
18-141
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5000 Executive Parkway, Suite 125 <br />San Ramon, CA 94583 <br />Atte Chris Moi <br />To the City. City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Arm: City Manager <br />With a copy to: City ofRedwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Attorney <br />30. Assignment by Developer. Developer may assign its obligations under this Agreement <br />only with the prior written approval of the City. In connection with any such assignment, Developer and <br />its assignee shall execute and deliver to City a written assignment and assumption agreement in a form <br />reasonably acceptable to the City Attorney. <br />31. Binding Upon heirs. Successors and Assigns. The terms, covenants and conditions of <br />this Agreement shall be binding upon all heirs, successors and assigns of the parties hereto. <br />32. Interoretation. The word "including" shall be construed as if followed by the words <br />"without limitation" All exhibits and attachments to this Agreement are incorporated by reference as <br />though fully restated herein. This Agreement shall be interpreted as though prepared jointly by both <br />parties. Section headings in this Agreement are for convenience only and are not intended to be used in <br />interpreting or constnring the teams, covenants or conditions contained in this Agreement. <br />33. Severability. If any provision of this Agreement is held, to any extent, invalid, the <br />remainder of this Agreement shall not be affected, except as necessarily required by the invalid provision, <br />and shall remain in full force and effect. <br />34. Entire Agreement. The terms and conditions of this Agreement constitute the entire <br />agreement between City and Developer with respect to the matters addressed in this Agreement. This <br />Agreement may not be altered, amended or modified without the written consent of all parties hereto. <br />35. Governing Law: Venue. This Agreement shall be construed and enforced in accordance <br />with the laws of the State of California, without reference to choice of law provisions. Any legal actions <br />under this Agreement shall be brought only in the Superior Count of the County of San Mateo, State of <br />California.. <br />36.Ate. Each party executing this Agreement on behalf of a party represents and <br />warrants that such person is duly and validly authorized to do so on behalf of the entity it purports to bind <br />and if such party is a partnership, corporation or trustee, that such partnership, corporation or trustee has <br />full right and authority to enter into this Agreement and perform all ofits obligations hereunder. <br />37. Time is of the Essence. Time is of the essence of this Agreement and of each and every <br />term and condition hereof. <br />38. Runs with the Land: Recordation. This Agreement pertains to and shall run with the <br />Property. Upon execution, this Agreement shall be recorded in the Official Records of San Mateo <br />REV: 06-20-18 PR <br />Page 11 of 18 <br />ATTYIAGR.2018.136l601 EI Camino Subdivision Improvement Agreement <br />
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