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AgdaPkt 2019-09-09 Joint SA PFA
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AgdaPkt 2019-09-09 Joint SA PFA
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Last modified
10/1/2020 3:33:55 PM
Creation date
9/5/2019 5:14:26 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
9/9/2019
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1. Definitions. Each reference in this Agreement to any of the following terms <br />shall have the meaning set forth below for each such term. Certain other terms shall <br />have the meaning set forth for such term in this Agreement. <br />1.1 Approvals. Any and all permits or approvals of any kind or <br />character required under the City Laws in order to authorize and entitle Owner to <br />complete the Project and to develop and occupy the Property in accordance with the <br />terms of the Project including, but not limited to, the items described in the Project <br />Approvals (as defined in this Agreement). <br />1.2 City Laws. The ordinances, resolutions, codes, rules, regulations <br />and official policies of the City governing the permitted uses of land, density, design, <br />and improvement applicable to the development of the Property. Specifically, but <br />without limiting the generality of the foregoing, the City Laws shall include the General <br />Plan and the City's Zoning Ordinance. <br />1.3 City Manager. The City Manager or his or her designee as <br />designated in writing from time to time. Owner may rely on the authority of the designee <br />of the City Manager. <br />1.4 City Wide. Any City Law, Fee or other matter that is generally <br />applicable to one or more kinds or types of development or use of property wherever <br />located in the City or that is applicable only within the area included in the Menlo Park EI <br />Camino Real/Downtown Specific Plan. A City Law, Fee or other matter shall not be City <br />Wide if, despite its stated scope, it applies only to the Property or to one or more parcels <br />located within the Property, or if the relevant requirements are stated in such a way that <br />they apply only to all or a portion of the Project. <br />1.5 Community Development Director. The City's Community <br />Development Director or his or her designee. <br />1.6 Conditions. All conditions, dedications, reservation requirements, <br />obligations for on- or off-site improvements, services, other monetary or non -monetary <br />requirements and other conditions of approval imposed, charged by or called for by the <br />City in connection with the development of or construction on real property under the <br />Existing City Laws, whether such conditions constitute public improvements, mitigation <br />measures in connection with environmental review of any project, or impositions made <br />under applicable City Laws. <br />1.7 Default. As to Owner, the failure of Owner to comply substantially <br />and in good faith with any obligations of Owner under this Agreement; and as to the <br />City, the failure of the City to comply substantially and in good faith with any obligations <br />of City under this Agreement; any such failure by Owner or the City shall be subject to <br />cure as provided in this Agreement. Bayfront, Landings, and Real Social Good are <br />jointly and severally responsible for all obligations of Owner under this Agreement; and <br />a failure by any one of them to comply substantially and in good faith with any <br />obligations of Owner under this Agreement shall constitute a Default of Owner. <br />3 <br />1677\05\1960134.8 <br />1/17/2017 <br />I9 <br />=TC707.L] <br />
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