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Res13 15289
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Res13 15289
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Last modified
10/11/2019 7:50:19 AM
Creation date
10/11/2019 7:49:52 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
7/22/2013
Description
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROVING, AND AUTHORIZING THE CITY � MANAGER TO EXECUTE, A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE CITY OF REDWOOD CITY AND REDWOOD CITY PARTNERS, LLC FOR 950 MIDDLEFIELD ROAD
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' Default. Any such legal action must be instituted in the Superior Court of the State of California <br /> in and for the County, in any other appropriate court within the County, or in the United States <br /> District Court with jurisdiction in the County. Notwithstanding the foregoing, in no event shall <br /> ' either party be liable for the consequential damages or lost profit of the other. <br /> ?.6 Rights and Remedies are Cumulative. Except as otherwise expressly stated in <br /> this Agreement, the rights and remedies of the Parties set forth in this Agreement aze cumulative <br /> and the exercise by either Party of one or more of such rights or remedies shall not preclude the <br /> exercise by it, at the same or different times, of any other rights or remedies for the same default <br /> or any other default by the other Party. <br /> '7.7 Indemnification. <br /> ; 7.71 Obligations. The Developer shall Indemnify the City Parties against <br /> ' any wrongful intentional act or negligence of the Developer or any Developer Parties. The <br /> Developer shall also Indemnify the City Parties against any and all of the following: (a) any <br /> Application made at the Developer's request; (b) any Due Diligence Investigations by the <br /> ' Developer, provided, however, that Developer shall have no liability for matters merely <br /> discovered by it (i.e. latent environmental contamination) prior to the Close of Escrow; (c) use, <br /> ' occupancy, management ar operation of the Project by Developer; (d) any agreements that the <br /> Developer (or anyone claiming through the Developer) makes regarding the Project; {e) the <br /> condition of the Project or, or of any vaults, tunnels, passageways or space under, adjoining or <br /> appurtenant to the Site that are within the exclusive custody and control of Developer, provided, <br /> however, that Developer shall have no liability for matters merely discovered by it (i.e. latent <br /> environmental contamination) prior to the Close of Escrow; and (� any accident, injury or <br /> damage whatsoever caused to any Person in or on the Site or the Project. The obligation of <br /> Developer under this Section 7.7.1 shall be limited to actual out-of-pocket expenses suffered or <br /> incurred by City Parties and shall not include any consequential damages or damages for lost <br /> profits. Notwithstanding anything to the contrary in this Agreement, the Developer shall not be <br /> required to Indemnify the City Parties for the willful misconduct or gross negligence of any City <br /> Party. Nothing in this Section 7.7.1 shall be construed to limit Developer's obligations after the <br /> Close of Escrow and the Developer's unconditional acceptance of the condition of the City <br /> PropeRy,pursuant to the provisions of Section 2.4.5 of this Agreement. <br /> 7.7.2 Limitation on Liability of the CitX. Following the Close of Escrow, <br /> the Developer is and shall be responsible for operation of the Site and the Project and the City <br /> shall not be liable for any injury or damage to any property (of the Developer or any other <br /> Person)or to any Person occurring on or about the Site or the Project,except to the extent caused <br /> by the City's gross negligence or willful misconduct. <br /> 7.7.3 Independent of Insurance Obli at� ions. The Develaper's <br /> indemnification obligations under this Agreement shall not be construed or interpreted as in any <br /> way restricting, limiting, or modifying the Developer's insurance or other obligations under this <br /> Agreement and is independent of the Developer's insurance and other obligations under this <br /> Agreement. The Developer's compliance with its insurance obligations and other obligations <br /> under this Agreement shall not in any way restrict, limit, or modify the Developer's <br /> 51 <br /> 2013.118/SLOCK 2 HUNTER STORM <br /> REV:07-26-13 PT <br />
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