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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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_ � ._ _ . _. _ _ _ <br /> 4.6 Construction of Project........................................................................................ 30 <br /> 4.7 Compliance with Laws........................................................................................ 32 <br /> 4.8 Performance Schedule......................................................................................... 32 <br /> 4.9 Developer Attendance at City Meetings.............................................................. 32 <br /> 4.10 City Right to Inspect Project and Site.................................................................. 32 <br /> 4.11 PREVAILING WAGES......................................................................................33 <br /> 4.12 Insurance.............................................................................................................. 34 <br /> 4.13 Certi�cate of Completion.................................................................................... 36 <br /> ARTICLE 5 SPECIAL DEVELOPMENT COVENANTS OF THE DEVELOPER.............. 38 <br /> 5.1 No Conveyance to Tax Exempt Entity................................................................ 38 <br /> 5.2 Maintenance Condition of the Site...................................................................... 39 <br /> 5.3 Local Contractors and Consultants......................................................................41 <br /> 5.4 Taxable Sales....................................................................................................... 41 <br /> 5.5 Obligation to Refrain from Discrimination......................................................... 41 <br /> 5.6 Survival and Enforcement of Sgecial Development Covenants..........................41 <br /> ARTICLE 6 DEVELOPER FINANCING OF PROJECT....................................................... 42 <br /> ' 6.1 Developer's Financing for the Project.................................................................42 <br /> 6.2 No Prohibited Encumbrances.............................................................................. 43 <br /> 6.3 City Right to Dischazge Prohibited Encumbrances.............................................43 <br /> 6.4 Developer Right to Contest Validity of Encumbrance........................................43 <br /> 6.5 Rights of Lenders and City Regarding Permitted Encumbrances.......................43 <br /> 6.6 No Approval Required A.fter Certificate of Completion Issued..........................46 <br /> ARTICLE 7 DEFAULTS,REMEDIES AND'TERMINATION............................................47 <br /> ' 7.1 Application of Remedies. ....................................................................................47 <br /> 7.2 No Fault of Parties...............................................................................................47 <br /> 7.3 Fault of the City...................................................................................................47 <br /> 7.4 Fault of the Developer.........................................................................................48 <br /> 7.5 Legal Actions.......................................................................................................SO <br /> 7.6 Rights and Remedies are Cumulative..................................................................51 <br /> 7.7 Indemnification.................................................................................................... 51 <br /> 7.8 Indemnification Procedures................................................................................. 52 <br /> 7.9 City Option to Purchase Following Conveyance................................................. 53 <br /> �� <br /> 2013.118/BLOCK 2 HUNTER STORM <br /> REV:07-26-13 PT <br />
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