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RecDoc 2023-005135 STMMA - 1505 Glenn Way_2.3.2023
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RecDoc 2023-005135 STMMA - 1505 Glenn Way_2.3.2023
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2/8/2023 2:28:29 PM
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2/8/2023 2:28:14 PM
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Agreement
Doc Num
2023-005135
Rec Date
2/3/2023
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Except as otherwise stated, all notices to be provided or that may be provided under this <br />Agreement must be in writing and delivered by regular and certified mail, return receipt <br />requested. Each party will notify the other immediately of any changes of address that <br />would require any notice or delivery to be directed to another address. <br />16. Assignment by Developer. Developer may assign its obligations under this <br />Agreement only with the City Manager's prior written approval. In connection with any <br />such assignment, Developer and its assignee will execute and deliver to City a written <br />assignment and assumption agreement in a form reasonably acceptable to the City <br />Attorney. <br />17. Assignment By City. City may assign its rights and obligations under this <br />Agreement to a municipal services district or other public agency without Developer's <br />consent. <br />18. Covenant Running with the Land. This Agreement pertains to and runs with <br />the Property in perpetuity, and will be recorded against the Property at Developer's <br />expense. This Agreement binds the assigns and successors -in -interest of Developer, <br />including any transferee of any fee interest in the Property. City and its successors and <br />assigns, in the event of any breach of this Agreement, will have the right to exercise all of <br />the rights and remedies, and to maintain any actions at law or suits in equity or other proper <br />proceedings against Developer or its permitted successors and assigns to enforce the <br />curing of such breach. <br />19. Release of Agreement. In the event that City determines that the stormwater <br />treatment measure(s) located on the Property are no longer required, then City, at the <br />request of Developer will execute a release of this Agreement, which Developer will record <br />at Developer's expense. City reserves the option to record such release of this Agreement. <br />The stormwater treatment measure(s) will not be removed from the Property unless such <br />a release is so executed and recorded. <br />20. Miscellaneous. <br />20.1 Entire Agreement, Amendments Recitals. This Agreement contains the <br />entire understanding and agreement of the Parties. This Agreement may be altered, <br />amended or modified only by an instrument in writing, executed by the Parties to this <br />Agreement. All recitals set forth above are incorporated by reference into this Agreement. <br />20.2 Paragraph Headings. Paragraph headings in this Agreement are for <br />convenience only and are not intended to be used in interpreting or construing the terms, <br />covenants or conditions contained in this Agreement. <br />20.3 Governing Law, Venue. This Agreement will be construed and enforced in <br />accordance with the laws of the State of California, without reference to choice of law <br />provisions. Any legal actions under this Agreement will be brought only in the Superior <br />Court of the County of San Mateo, State of California. <br />20.4 Compliance with Laws. Developer will comply with all federal, state and <br />REV: 10-25-2022 SK <br />ATTY/AGR.2022.380/SF21 G, LLC (Page 5 of 13) <br />
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