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AgdaPkt 2020-11-16 Special
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AgdaPkt 2020-11-16 Special
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Last modified
11/17/2020 10:54:32 AM
Creation date
11/12/2020 6:50:43 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Special
Agency Type
City Council
Date
11/16/2020
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5.A. - Page 241 of 302 <br />EXHIBIT "H" <br />BILL OF SALE AND ASSIGNMENT <br />THIS BILL OF SALE AND ASSIGNMENT (this "Assignment") is executed as of <br />, 2020 by and between City of Redwood City, a charter city and municipal <br />corporation ("Assignor"), and Greystar GP II, LLC, a limited liability company <br />("Assignee"), with reference to the following facts: <br />1. Concurrently herewith, Assignor is conveying to Assignee certain real property, <br />together with all improvements thereon, located at 1306 Main Street, Redwood City, California <br />(the "Property"), in accordance with the terms of that certain Purchase and Sale Agreement and <br />Joint Escrow Instructions (the "Agreement") dated as of , 2020, by and between Assignor <br />and Assignee. Capitalized terms used herein and not defined herein shall have the meanings set <br />forth in the Agreement. <br />2. Assignor desires to assign, transfer and convey to Assignee all of Assignor's <br />interests in: (i) the Personal Property listed in Exhibit 2, attached hereto; (ii) all intangible personal <br />property arising out of or in connection with ownership of the Property, including without <br />limitation, the right to use the current name(s) of the Property, all licenses, permits, certificates of <br />occupancy and franchises issued to Seller by any governmental authorities and all warranties or <br />guaranties given by third parties with respect to the Property or the Personal Property (collectively, <br />the "Intangible Property"): (iii) the Service Contracts listed on Exhibit 3, attached hereto (all of <br />the foregoing being referred to herein collectively as "Assigned Property"). All of the exhibits <br />attached hereto are incorporated herein by reference thereto. <br />NOW, THEREFORE, in consideration of the foregoing and other good and valuable <br />consideration in hand paid by Assignee to Assignor, the receipt and sufficiency of which are hereby <br />acknowledged, Assignor does hereby ASSIGN, TRANSFER and DELIVER and GRANT, SELL <br />and CONVEY to Assignee all of the Assigned Property, including, without limitation of the <br />generality of the foregoing, the following: <br />(a) The Personal Property; <br />(b) The Intangible Personal Property; and <br />(c) The Service Contracts. <br />ff. a <br />1199\11\2925009.5 <br />244 <br />
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