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37. Runs with the Land; Recordation. This Agreement pertains to and will run <br />with the Property. Upon execution, this Agreement will be recorded in the Official Records <br />of San Mateo County. Upon completion of performance and satisfaction by Developer of <br />its obligations under this Agreement, including warranty obligations, a written statement <br />will be recorded by City in the Official Records of San Mateo County terminating this <br />Agreement and releasing all of the Property. The recorded written statement does not <br />release the Parties from obligations that survive termination of the Agreement, including <br />indemnification. <br />IN WITNESS WHEREOF, City and Developer have executed this Agreement as <br />of the Effective Date. <br />DEVELOPER <br />SI XX. LLC, <br />a California limited liability company <br />By: Sobrato Development Companies, LLC <br />a California limited liability company <br />Its: Manager <br />By: - - f/`j <br />Matthew W. Sonsini <br />Its: Manager <br />[Signature must be notarized] <br />CITY <br />CITY OF REDWOOD CITY, a <br />charter city and municipal corporation <br />Melissa Stevenson Diaz, City Manager <br />[Signature must be notarized] <br />ATT SiT� <br />Pame a Aguilar, City Cle <br />REV: 05-22-2020 PR <br />ATTY/AGR.2020.062/Broadway Plaza - Bay Block (Page 16 of 25) <br />