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AgdaPkt 2002-12-09
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AgdaPkt 2002-12-09
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Last modified
7/2/2012 12:25:36 PM
Creation date
12/5/2002 3:47:58 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Agency Type
City Council
Date
12/9/2002
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1.1'� <br /> corporation wluch, directly or indireatly, has a majority interest in Developer or in any such <br /> member. <br /> §903 Transfers to Joiat Veutures or Partnershins , <br /> NotwitUstanding anything W the conh�ary contained in this Article 9, Developer may <br /> assign its rights under ttris Agreement or transfer the Project Site, or any portion thereof, to one <br /> or more joint ventures, limited liability companies, parhierships or corporations, without <br /> obtaining Agency's prior approval (but provided that Developer notifies Agency in writing of <br /> such assigiment), if (i) such joint venture, limited liability company, partnership or corporation <br /> agrees in writing with the Agency to assume all of Developer's obligations with respect to the <br /> portion of the Pmject Site so assigned; (ii) Developer, or its present direct and indirect owners, <br /> owns, directly or indirectly, at least a fifty percent (50%) interest in such joint venture, limited <br /> liability company, partnerslrip or corporation at the formation of such joint venture, limited <br /> liability company, partnerslup or corporarion; and (iii) Developer retains primary responsibility <br /> for development of the Project Site. <br /> Article 10 GENERAL PROVISIONS <br /> §1001 Intentionallv Omitted <br /> §1002 Notices. Demands and Communications Between the Parties <br /> Written notices, demands and communications between the City, Agency and Developer <br /> shall be sufficiently given when delivered by hand, or one (1) Business Day following dispatch <br /> by ovemight courier, or two (2) Business Days following dispatch by registered or certified mail, <br /> postage prepaid, retum receipt requested, to the principal offices of the Agency and Developer as <br /> set forth in Sections 108 and 109 hereof, respectively. In addition, a duplicate copy of any notice <br /> to Developer shall also be pmvided to legal counsel for Developer, as follows: <br /> Orrick, Herrington & Sutcliffe LLP <br /> 400 Sansome Street <br /> San Francisco, CA 94111 <br /> Attention: Noel W. Nellis <br /> A duplicate copy of any notice to Citv/Agency shall also be provided to City Attorney/Agency <br /> Counsel, as follows: <br /> Stan Yamamoto <br /> City Attomey <br /> City of Redwood City <br /> City Hali, City Attorney's Office <br /> P.O. Box 391 <br /> Redwood City, California 94064 <br /> and to: <br /> 411 <br /> DOCSSFI :646942.4 <br /> 9975-5 C 14 <br /> 120502 <br />
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