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ATTACHMENT C 6.3B <br /> Page 14 <br /> ASSIGNMENT AND ASSUMPTION AGREEMENT <br /> (Amended and Restated Disposition & Development Agreement for the Downtown Retail- <br /> Cinema and Parking Project) <br /> THIS ASSIGNMENT AND ASSUMPTION AGREE�vIEN'T {"Assignmeni Agreement") <br /> is made and entered into this day of , 2006, by and between tk�e <br /> Redevelopment Agency of the City of Redwood City, a public body, corporate and politic <br /> ("Agency"), the City of Reclwood City, a eharter city and municipal corporatian ("City"} <br /> (collectively "City/Agency"), �n Broadway Redwood City�, LLC, a California limited liability <br /> company("Ass'rgnor"), in which BHV Innisfree Ventures I, LLC and Buchanan Urban Investors, <br /> LLC, are the sole membecs arzd On Broadway Investors, LLC, a Delaware limited liability <br /> company, ("Assignee"} in which RAR2-Broadway at Redwood City - CA, Inc., a Maryland <br /> corporation, is the managing member and BHV I Un Broadway, LLC, a Delaware izmited <br /> liability company{"BHV I"}, is a developer member, and is made with referenee to the fallowing <br /> facts: <br /> RECITALS <br /> A. On January 8, 2Q03, the City, Agency and B�V Innisfree Ventures I, LLC, a <br /> California limited liability company, {"BHV") entered into that certain Arnended and 12estated <br /> Disposition and Development Agreement for a Downtown Retail-Cinema and Paxicing Project <br /> {the"Original DDA"), as amended by the First Implementation Agreement, dated <br /> , 2003 an� the Second Implementation Agreement, dated , 2003 (all <br /> collectively referred to herein as the "DDA"). <br /> B. Section 943 of the DDA permitted BHV ta assign its rights under the DDA to a <br /> joint venture, limited liabiiity, company, parinership or corporation without first obtaining <br /> 1 <br /> I��I�7nn..n/��f�Ilt/!/!�!�l1A <br />