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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
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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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Exhibit E <br /> FORM OF CERTIFICATE OF COMPLETION <br /> Recording requested by <br /> and when recorded mail to: <br /> City Of Redwood City <br /> 1017 Middlefield Road <br /> Redwood City, Ca 94063 <br /> Attn: City Clerk <br /> EXEMPT FROM RECORDING FEES PER <br /> GOVERNMENT CODE §§6103, 27383 <br /> Space above this line for Recorder's use. <br /> CERTIFICATE OF COMPLETION <br /> This Certificate of Completion (this "Certificate") is made by the City of Redwood <br /> City, a charter city and municipal corporation ("City") effective as of <br /> 20 <br /> RECITALS <br /> A. City and MP Bradford Associates, L. P. , a California limited partnership <br /> ("Developer") entered into that certain Disposition and Development Agreement dated <br /> as of , 2017 (the "DDA") concerning the development of certain real <br /> property located in the City of Redwood City, San Mateo County, California and more <br /> particularly described in Exhibit A attached hereto (the "Property") . A Memorandum of <br /> the DDA was recorded in the Official Records of San Mateo County ("Official <br /> Records") on , 20 as Instrument No. , Book <br /> Page . Capitalized terms used herein without definition shall have the meaning <br /> ascribed to such terms in the DDA. <br /> B. Pursuant to Section 5. 12 of the DDA, the City is required to furnish the <br /> Developer or its successors with a Certificate of Completion upon completion of <br /> development of the Project in accordance with the DDA. <br /> C. The City has determined that the development of the Project has been <br /> satisfactorily completed in accordance with the DDA. <br /> NOW, THEREFORE, City hereby certifies as follows: <br /> 1 . Development of the Project has been satisfactorily completed in <br /> conformance with the DDA. <br /> 2. All indemnity, use, maintenance, and nondiscrimination covenants <br /> contained in the Loan Agreement shall remain in effect and enforceable in accordance <br /> with the DDA. This Certificate does not constitute evidence of Developer's compliance <br /> with those covenants in the DDA that survive the issuance of this Certificate, including <br /> ATY/AGR/2017.218/RWC — BRADFORD — DDA <br /> REV: 09-18-17 VR <br /> Page 89 of 94 <br />
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