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Res17 15621
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Res17 15621
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Last modified
10/11/2019 7:56:55 AM
Creation date
10/11/2019 7:56:39 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Agency Type
City Council
Date
9/25/2017
Description
A 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 MP BRADFORD ASSOCIATES, L.P. FOR 707 BRADFORD STREET
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11 .6 Binding on Successors. Subject to the restrictions on Transfers set forth in <br /> Article VII, this Agreement shall bind and inure to the benefit of the Parties and their respective <br /> permitted successors and assigns. Any reference in this Agreement to a specifically named Party <br /> shall be deemed to apply to any permitted successor and assign of such Party who has acquired an <br /> interest in compliance with this Agreement or under law. <br /> 11 .7 Survival. All representations made by Developer hereunder, Developer's <br /> obligations pursuant to Sections 5. 11 , 5. 14, 5. 15, 6. 1 , 6.5, 6.7, 10. 1 and 11 . 1 , and City's rights <br /> under Section 9.8 and 9.9, and all other provisions that expressly so state, shall survive the <br /> expiration or termination of this Agreement. <br /> 1 1 .8 Headings; Interpretation; Statutory References. The section headings and captions <br /> used herein are solely for convenience and shall not be used to interpret this Agreement. The <br /> Parties acknowledge that this Agreement is the product of negotiation and compromise on the part <br /> of both Parties, and the Parties agree, that since both Parties have participated in the negotiation <br /> and drafting of this Agreement, this Agreement shall not be construed as if prepared by one of the <br /> Parties, but rather according to its fair meaning as a whole, as if both Parties had prepared it. All <br /> references in the City Documents to particular statutes, regulations, ordinances or resolutions of <br /> the United States, the State of California, or the City of Redwood City shall be deemed to include <br /> the same statute, regulation, ordinance or resolution as hereafter amended or renumbered, or if <br /> repealed, to such other provisions as may thereafter govern the same subject. <br /> 11 .9 Action or Approval. Whenever action and/or approval by City is required under <br /> this Agreement, the City' s Authorized Representative or his or her designee may act on and/or <br /> approve such matter unless specifically provided otherwise, or unless the Authorized <br /> Representative determines in his or her discretion that such action or approval requires referral to <br /> City governing board for consideration. <br /> 11 . 10 Entire Agreement. This Agreement, including Exhibits A through H attached <br /> hereto and incorporated herein by this reference, together with the other City Documents contains <br /> the entire agreement between the Parties with respect to the subject matter hereof, and supersedes <br /> all prior written or oral agreements, understandings, representations or statements between the <br /> Parties with respect to the subject matter hereof If the Exhibits to this Agreement are inconsistent <br /> with this Agreement, the more restrictive requirements shall control, as determined by the City's <br /> Authorized Representative. In the event of a conflict between this Agreement and the other City <br /> Documents, the more restrictive requirements shall control, as determined by the Authorized <br /> Representative. <br /> 11 . 11 Counterparts. This Agreement may be executed in one or more counterparts, each <br /> of which shall be an original and all of which taken together shall constitute one instrument. The <br /> signature page of any counterpart may be detached therefrom without impairing the legal effect of <br /> the signature(s) thereon provided such signature page is attached to any other counterpart identical <br /> thereto having additional signature pages executed by the other Party. Any executed counterpart <br /> of this Agreement may be delivered to the other Party by facsimile and shall be deemed as binding <br /> as if an originally signed counterpart was delivered. <br /> ATY/AGR/2017.218/RWC — BRADFORD — DDA <br /> REV: 09-18-17 VR <br /> Page 43 of 94 <br />
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