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AgdaPkt 2021.02.22 Joint SA PFA
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AgdaPkt 2021.02.22 Joint SA PFA
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Last modified
2/24/2021 4:51:32 PM
Creation date
2/18/2021 5:12:39 PM
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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
2/22/2021
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6.1. - Page 16 of 20 <br />(i) Initial Term. The initial term of this Agreement shall commence upon the reference date first <br />hereinabove written and continue in effect as long as both Parcels are used for community serving <br />facilities, but in any event the initial term of the Agreement shall conclude thirty (30) years from the <br />date first hereinabove written. <br />(H) Extension. Unless either party notifies the other in writing at least one (1) year prior to termination <br />of the initial thirty (30) year term of its intent not to extend this Agreement, this Agreement shall <br />automatically extend for a second thirty (30) year term. <br />8. Nature of Agreement <br />County hereby grants to City the right, privilege, permission and license to enter upon and occupy County's <br />Parcel for the purpose of carrying out the specific provisions of this Agreement. City hereby grants to County <br />the right, privilege, permission and license to enter upon and occupy City's Parcel for the purpose of carrying <br />out the specific provisions of this Agreement. The licenses granted by County to City and by City to County <br />shall be deemed irrevocable during the term hereof, as specified in Section 7 of this Agreement, on the <br />grounds that each such license is coupled with an interest. This Agreement does not constitute the grant <br />of a lease, deed, easement, or a conveyance or transfer of any property interest by County or City. <br />9. Implementation of Agreement <br />Unless otherwise indicated in the Agreement, or as may be required by law, the City Manager shall be <br />authorized, and is hereby directed, to carry out and implement the provisions of this Agreement on behalf <br />of City, and the County Manager shall be authorized, and is hereby directed, to carry out and implement <br />the provisions of this Agreement on behalf of the County. <br />10. Assignment <br />This Agreement is not transferable or assignable. <br />11. Reservations <br />This Agreement is subsequent to and subject to all prior exceptions, reservations, grants, leases, <br />easements, or licenses of any kind whatsoever as the same appear on record in the San Mateo County <br />Recorder's Office, or in the other public records of the County. County and City covenant that the use of <br />the Premises will at all times be conducted with proper regard for any party having rights, title, or privileges <br />in the Parcels. <br />12. Taxes <br />The parties understand and agree that both Parcels constitute public property free and exempt from all <br />taxation. The County and City shall, however, take whatever steps may be necessary upon written request <br />therefor by the other party to contest any proposed tax or assessment, or to take steps necessary to recover <br />any tax or assessment paid. <br />13. Laws and Regulations <br />County and City shall at all times maintain, occupy, and use the Parcels in compliance with all laws, rules, <br />and regulations which may be applicable thereto. <br />14. Mutual Hold Harmless <br />(i) It is agreed that County shall defend, hold harmless and indemnify City, its officers, agents and/or <br />employees from any and all claims for injuries to persons and/or damage to property which arise <br />ATTY/AGR/2021/AMENDMENTS/AMEND NO.1/2500-2600 MIDDLEFIELD CITY -COUNTY FIRST AMENDED & RESTATED AGR <br />REV: 02-17-2021 VR <br />Page 4 of 7 <br />414 <br />
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