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AgdaPkt 2019-03-25 Joint SA PFA
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AgdaPkt 2019-03-25 Joint SA PFA
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Last modified
9/24/2020 11:00:38 AM
Creation date
3/22/2019 1:01:10 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
3/25/2019
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6.13. - Page 44 of 77 <br />20. Release of Agreement. In the event that the City determines that the stormwater <br />treatment measures located on the Property are no longer required, then the City, at the <br />request of the Property Owner shall execute a release of this Agreement, which the <br />Property Owner shall record in the County Recorder's Office at the Property Owner's <br />expense. The City reserves the option to record such release of this Agreement. The <br />stormwater treatment measure(s) shall not be removed from the Property unless such a <br />release is so executed and recorded. <br />21. Effective Date and Modification. This Agreement is effective upon the date of <br />execution as stated at the beginning of this Agreement. This Agreement shall not be <br />modified except by written instrument executed by the City and the Property Owner at <br />the time of modification. Such modifications shall be effective upon the date of <br />execution and shall be recorded. <br />22. No Impairment of Lien. No violation or breach of the agreements, conditions, <br />restrictions, provisions, or limitations contained in the is Agreement shall defeat or <br />render invalid or in any way impair the lien or change of any mortgage, deed of trust or <br />other financing or security instrument. <br />[Signature Page Follows] <br />ATTY/AGR/2019.061/MP BRADFORD ASSOCIATES, L.P.,-STMMA <br />REV: 03-20-19 PR <br />Page 7 of 8 <br />59 <br />
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