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Agmt20 HCP, Met Life, SCOA
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Agmt20 HCP, Met Life, SCOA
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Last modified
11/18/2025 5:12:45 PM
Creation date
2/1/2022 9:02:05 AM
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Agreement
Contractor Name
HCP, Met Life, SCOA
PROJECT NAME
Levee Financing and Improvement Agreement
Date
10/27/2020
Reso Ref
15900
Amendment
Yes
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"HCP Seaport Centre" is defined in Recital B. <br />"Initial Acquisition Price Payment" is defined in Section 15. <br />"Levee Improvements" is defined in Recital G. <br />"Maintenance District" means the Seaport Centre Maintenance District. <br />"Maintenance Reserve" means the Maintenance District reserve currently funded by the <br />Maintenance District and maintained by the City to fund maintenance, capital repairs and <br />replacement of parts for the Seaport Centre Wet Utilities and the Seaport Centre Levee and, upon <br />d1S5011:tion of the Maintenance District, to be maintained by the City as provided in Subsection <br />4(k) and the CFD RMA. <br />"Mello -Roos Act" is defined in Subsection 4(a). <br />"Memorandum of Agreement" is defined in Subsection 5(k). <br />"Met Life" means Metropolitan Life Insurance Company. <br />"Met Life Seaport Centre" is defined in Recital A. <br />"New Levee" is defined in Recital G. <br />"Owners" mean HCP and Met Life. <br />"Parties" mean the City of Redwood City, Seaport Centre Maintenance District, HCP LS <br />Redwood City, LLC, Metropolitan Life Insurance Company, and Seaport Centre Owners' <br />Association. <br />"Parcels 19 and 20" is defined in Recital A. <br />"Prevailing Wage Laws" is defined in Section 13. <br />"Property" is defined in Recital B. <br />"Purchase Contract" is defined in Recital G. <br />"RMA" is defined in Subsection 4(b). <br />"Schedule of Performance" is defined in Section 8. <br />"SCOA" means Seaport Centre Owners' Association. <br />"Seaport P' is defined in Recital A. <br />"Seaport Il" is defined in Recital A. <br />"Seaport IIP' is defined in Recital B. <br />OAK #4819-4834-1908 v20 5 <br />
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