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AgdaPkt 2020-03-09 Joint
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AgdaPkt 2020-03-09 Joint
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Last modified
10/1/2020 11:25:10 AM
Creation date
3/5/2020 4:04:14 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
3/9/2020
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6.C. - Page 65 of 111 <br />9, Default. Failure by Developer to comply with and observe any of the conditions, <br />terms, or covenants set forth in this Parking Covenant, if such failure remains uncured within thirty <br />(30) days after written notice of such failure from City in the manner provided herein or, with <br />respect to a default that cannot be cured within thirty (30) days, if Developer in default fails to <br />commence such cure within such thirty (30) day period or thereafter fails to diligently and <br />continuously proceed with such cure to completion. <br />10. Notices. Any notices relating to this Agreement shall be given in writing and shall <br />be deemed sufficiently given and served for all purposes when delivered personally or by generally <br />recognized overnight courier service, or five (5) days after deposit in the United States mail, <br />certified or registered, return receipt requested, with postage prepaid, addressed as follows: <br />To the Developer: Premia 1180 Main Owner, LLC <br />801 Hamilton St. <br />Redwood City, CA 94063 <br />Attn: Michael Halow <br />To the City: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Manager <br />11. Runs with the Land' Recordation. This Parking Covenant pertains to and shall run <br />with the Property. Upon execution, this Parking Covenant shall be recorded in the Official Records <br />of San Mateo County. All of the terms, covenants and conditions of this Parking Covenant shall <br />be binding on and shall inure to the benefit of the Developer and its nominees, successors and <br />assigns. Wherever the tenn "Developer" is used herein or therein, such term shall include any <br />nominee, assignee or successor of the Developer. <br />REV: 02-20-2020 PR <br />[Signature Page Follows] <br />ATTYIAGR.202D.0361Premia 1180 Main Owner, LLC (Page 3 of 5) 92 <br />
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