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Agmt22 Prince Street Partners, LLC
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Agmt22 Prince Street Partners, LLC
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Last modified
6/15/2022 2:01:23 PM
Creation date
6/15/2022 2:01:20 PM
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Template:
Agreement
Contractor Name
Prince Street Partners, LLC
PROJECT NAME
Reimbursement Agreement
RMP File Number
304.5
Date
5/12/2022
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REV: 05-02-2022 JB <br />venture or partnership between them, and agree that nothing contained herein or in any document <br />executed in connection therewith shall be construed as making City and Developer joint venturers <br />or partners. <br />Section 5.05. Notices. Any notice or communication required hereunder between the <br />Parties must be in writing. Such notices or communications shall be given to the Parties at their <br />addresses set forth below: <br />CITY: City Manager <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Telephone: 650-780-7300 <br />Facsimile: 650-780-7225 <br />with copies to: City Attorney <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Telephone: 650-780-7200 <br />Facsimile: 650-780-5963 <br />DEVELOPER: Prince Street Partners, LLC <br />Attention: 1 Twin Property Owner, LLC <br />556 Santa Cruz, Suite 301 <br />Menlo Park, CA 94025 <br />Telephone: 650-815-6969 <br />with copies to: Attention: Chase Rapp <br />Managing Partner <br />Prince Street Partners, LLC <br />556 Santa Cruz, Suite 301 <br />Menlo Park, CA 94025 <br />Telephone: 650-815-6969 <br />Section 5.06. Severability. If any term or provision of this Agreement, or the application <br />of any term or provision of this Agreement to a particular situation, is held by a court of competent <br />jurisdiction to be invalid, void or unenforceable, the remaining terms and provisions of this <br />Agreement, or the application of this Agreement to other situations, shall continue in full force and <br />effect unless amended or modified by mutual consent of the Parties. Notwithstanding the <br />foregoing, if any material provision of this Agreement, or the application of such provision to a <br />particular situation, is held to be invalid, void or unenforceable, either City or Developer may (in <br />their sole and absolute discretion) terminate this Agreement according to the provisions of Section <br />5.03. <br />Section 5.07. Assignment and Transfer. Neither Party shall assign or transfer this <br />Agreement without the prior written consent of the other. <br />ATTY/AGR.2022.102/Prince Street Partners, LLC (Page 5 of 8)
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