RecD08 2008-082755 - Laserfiche WebLink

Browse Search

held invalid, this shall not affect or invalidate the remainder of any phrase, clause, section, subsection, paragraph, subdivision, sentence or provision of this Agreement. 19. Covenant Running with the Land. This Agreement will be recorded by the City in the County Recorder's Office of the County of San Mateo, California, at the Property Owner's expense. The covenants and agreements contained herein shall be deemed to be covenants running with title to the land for the benefit of the City and its successors. 20. Release of Agreement. In the event that the City determines that the stormwater treatment measures located on the Property are no longer required, then the City, at the request of the Property Owner shall execute a release of this Agreement, which the Property Owner shall record in the County Recorder's Office at the Property Owner's expense. The City reserves the option to record such release of this Agreement. The stormwater treatment measure(s) shall not be removed from the Property unless such a release is so executed and recorded. 21. Effective Date and Modification. This Agreement is effective upon the date of execution as stated at the beginning of this Agreement. This Agreement shall not be modified except by written instrument executed by the City and the Property Owner. Such modifications shall be effective upon the date of execution and shall be recorded. 22. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed a duplicate original, and all of which, taken together, shall constitute one and the same instrument. CITY OF REDWOOD CITY, a municipal corporation of the State of California By ~. Jf..4~'l4-- City Manager eter Ingram COSTCO WHOLESALE CORPORATION a Washington corpor . Its: 301027962.2 -6-