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RecDoc2023-063039 STMMA Broadway Plaza
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RecDoc2023-063039 STMMA Broadway Plaza
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12/19/2023 3:51:51 PM
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12/19/2023 3:48:57 PM
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Recorded Docs
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Agreement
Doc Num
2023-063039
Rec Date
11/29/2023
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(d) Developer's insurance will be primary insurance relating to Developer's <br />work hereunder with respect to City, its Council, commissions, boards, committees, officers, <br />employees and Agents, and further providing that any insurance or self-insurance maintained <br />by City for itself, its Council, commissions, boards, committees, officers, employees and <br />agents shall not be excess of Contractor's insurance and will not be contributory with it. Such <br />insurance will also specifically insure any contractual liability assumed by Developer underthe <br />terms of this Agreement, including, but not limited to, the provisions of subsection (a) above. <br />11.6 In the event that Developer's insurance is cancelled, Developer will provide <br />replacement coverage or all work must cease as of the cancellation date until replacement <br />insurance coverage is provided. <br />12. No Additional Liability- It is the intent of this Agreement to insure the proper <br />maintenance of the stormwater treatment measure(s) by Developer; provided, however, that <br />this Agreement will not be deemed to create or effect any additional liability not otherwise <br />provided by law of any party for damage alleged to result from or caused by stormwater <br />runoff. <br />13. Performance Financial Assurance. City may request Developer to provide a <br />performance bond, security, or other appropriate financial assurance providing for the <br />maintenance of the stormwater treatment measure(s) pursuant to City Stormwater <br />Regulations. <br />14. Notices. The name of the persons who are authorized to give written notices or <br />to receive written notice on behalf of City and on behalf of Developer under this Agreement. <br />To Developer: SI XX, LLC <br />c/o The Sobrato Organization, LLC <br />599 Castro Street, Suite 400 <br />Mountain View, CA 94041 <br />Attn: Matthew W. Sonsini <br />With a copy to The Sobrato Organization, LLC <br />599 Castro Street, Suite 400 <br />Mountain View, CA 94041 <br />Attn: Peter Tsai <br />To City. City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Manager <br />With a copy to: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Attorney <br />REV: 4-12-2023 SK <br />ATTY/AGR.2023.072/9I XX, LLC (Broadway Plaza STMMA) (Page 6 of 55) <br />
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