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RecDoc 2019-047656 LMA Crossing 900
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RecDoc 2019-047656 LMA Crossing 900
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Last modified
7/16/2019 10:49:33 AM
Creation date
6/27/2019 9:00:32 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
LMA Crossing 900
Doc Num
2019-047656
Rec Date
6/20/2019
APN
052-363-170
Address
900 Middlefield and 900 Jefferson Ave
Parties
Redwood City Partners, LLC
MO Ref
19-119
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9. PERMITS AND APPROVALS. To the extent that performance of the Maintenance <br />Services or other Activities requires permits or governmental approvals, the Property Owner shall, at its <br />sole cost and expense, obtain such permits and approvals. The City shall issue encroachment permits, <br />from time to time, on the terms set forth in Section 8 above. <br />10. TERM. This Agreement shall commence immediately upon the Effective Date and shall <br />continue in perpetuity until and unless terminated by the City. <br />11. INDEMNIFICATION. The Property Owner shall indemnify, defend and hold the City, <br />its Council, boards, offices, commissions, agents and employees harmless from liens, claims, demands, <br />actions, causes of action, obligations, liabilities, damages, losses, costs and expenses, including <br />reasonable attorneys' fees (individually, "Claims" and collectively, "Claims"), which may arise from or in <br />any manner relate to any work performed or services provided under this Agreement by the Property <br />Owner, or the Property Owner's contractors, subcontractors, agents or employees, including, but not <br />limited to, the performance of the Maintenance Services or other Activities. Notwithstanding the <br />forgoing, the Property Owner shall not be obligated under this Agreement to defend and/or indemnify the <br />City to the extent that any Claim is caused by the gross negligence or willful misconduct of the City or its <br />agents or employees. The aforementioned indemnity shall apply regardless of whether or not the City has <br />prepared, supplied or approved plans and/or specifications for the Improvements and regardless of <br />whether any insurance required under this Agreement is applicable to any Claims. <br />12. DEFAULT. The failure to maintain the Improvements will constitute an event of default. <br />Upon such event of default, the City shall provide written notice to the Property Owner. Upon receipt of <br />the written notice, the Property Owner shall have thirty (30) days to remedy such event of default (or such <br />longer period of time as may reasonably be required, provided that the Property Owner shall commence <br />to remedy such default within thirty (30) days period and thereafter diligently prosecute such remedy to <br />completion). If the Property Owner fails to remedy the event of default within the prescribed time period, <br />the City shall have the right to do all work necessary to remedy the event of default and charge the <br />Property Owner actual costs incurred by the City for such work. <br />13. ASSIGNMENT BY CITY. The City shall have the right at its option to assign its rights <br />and obligations under this Agreement to a municipal services district or other public agency without <br />consent of the Property Owner. <br />14. AGREEMENT ATTACBES TO LAND AND BINDS PROPERTY OWNER'S <br />SUCCESSORS AND ASSIGNS. This Agreement pertains to and runs with the Property in perpetuity, <br />and shall be recorded against the Property. This Agreement binds the assigns and successors -in -interest <br />of the Property Owner, including any transferee of a fee interest in any lot located within the Property. <br />The City and its successors and assigns, in the event of any breach of this Agreement, shall have the right <br />to exercise all of the rights and remedies, and to maintain any actions at law or suits in equity or other <br />proper proceedings against the Property Owner or its permitted successors and assigns to enforce the <br />curing of such breach. <br />15. ASSIGNMENT BY PROPERTY OWNER. The Property Owner may assign its <br />obligations under this Agreement only with the prior written approval of the City. In connection with any <br />such assignment, the Property Owner and its assignee shall execute and deliver to the City a written <br />assignment and assumption agreement in a form acceptable to the City Attorney. The Property Owner <br />may sell and/or grant the fee interest of lots/units or common area located on the Property and to thereby <br />transfer all of its obligations under this Agreement to its successors. Upon the sale and/or grant of a fee <br />interest in a particular lot or common area located on the Property, Property Owner's obligations under <br />REV: 03-21-19 PR <br />Page 5 of 9 <br />ATTY/AGR.2019.064/900 Middlefield Rd and 900 Jefferson Ave - LMA <br />
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