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AgdaPkt 2018-12-17 Joint Special
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AgdaPkt 2018-12-17 Joint Special
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Last modified
12/18/2018 1:26:47 PM
Creation date
12/18/2018 9:28:06 AM
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
12/17/2018
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6.C. - Page 60 of 71 <br />A general release does not extend to claims which the creditor does <br />not know or suspect to exist in his favor at the time of executing the <br />release, which if known by him must have materially affected his <br />settlements with the debtor. <br />5. Indemnification. To the fullest extent provided by law, Owner, for itself, its assigns <br />and successors in interest, hereby holds harmless and indemnifies the City Parties from and against <br />any and all Claims arising from work within the Right -of -Way performed by City or its contractors, <br />except to the extent of City's gross negligence or willful misconduct. <br />6. Encroachment Permit in Full Force and Effect. Except for the exception provided <br />in Section 2 above, the Encroachment Permit remains in full force and effect. <br />7. Acknowledgment. Owner expressly agrees that it has read the entirety of the <br />Agreement and understands all of its terms and provisions. The contents and effects of the <br />Agreement have been explained to the Owner by counsel of its own choice, or Owner has had an <br />opportunity to seek counsel of his/her own choice, and the Agreement is executed voluntarily and <br />with full knowledge of its significance. <br />8. Runs with the Land. The covenants and agreements contained in this Agreement <br />shall run with the Property and be binding upon and inure to the successors to the Property. <br />9. Notification a on Conve ance or Transfer. Upon the conveyance or transfer of the <br />Property, Owner shall advise the purchaser or transferee of the existence of this Agreement. <br />10, Integration. This Agreement constitutes a single integrated written document <br />expressing the entire agreement of the Parties regarding this subject matter, and supersedes any <br />and all prior written and oral agreements between them. Any statement, promise, or commitment <br />about this subject matter which is not contained in this Agreement shall be void and invalid. <br />11. Governing Law. This Agreement shall be construed in accordance with, and be <br />governed by, the laws of the State of California, without reference to its choice of law provisions. <br />[SIGNATURE PAGE FOLLOWS] <br />Page 3 of 6 <br />ATTY/AG R/2018.190/85 5 MAIN STREET RWC, LLC <br />REV: 10-11-18 PR <br />131 <br />
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