Laserfiche WebLink
<br /> Exhibit E-1 <br />ATTY/AGR/2022.389/HARBOR VIEW PROJECT DEVELOPMENT AGREEMENT <br />REV: 10-28-2022 VR <br />EXHIBIT E <br />ASSIGNMENT AND ASSUMPTION AGREEMENT <br />RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO: <br /> <br /> <br /> <br /> <br />Attention: <br />Exempt from Recording Fee per <br />Government Code Section 27383 <br />Space Above This Line for Recorder’s Use Only <br />[PARTIAL] ASSIGNMENT OF RIGHTS AND OBLIGATIONS UNDER <br />DEVELOPMENT AGREEMENT <br />This [Partial] Assignment of Rights and Obligations Under Development Agreement (this <br />“Assignment”) is dated for reference purposes as of this _____ day of _______________, 202_, by <br />and between ___________________________________________, a _______________ <br />(“Assignor”) and ____________________________________________, a ____________ <br />(“Assignee”). Assignor and Assignee are collectively referred to herein as the “Parties.” <br />R E C I T A L S <br />This Agreement is entered into upon the basis of the following facts, understandings, and <br />intentions of Assignor and Assignee. <br />A. Assignor and the City of Redwood City, a California municipal corporation (“City”) have <br />entered into that certain Development Agreement dated as of ___________, 2022 (“DA”), which was <br />recorded in the Official Records of San Mateo County on ___________, 2022 as Instrument No. <br />______________________. All defined terms not specifically defined herein shall have the meanings <br />ascribed to them in the DA. <br />B. The DA relates to certain real property located in the City of Redwood City, County of San <br />Mateo, State of California (the “Property”). The Property is more particularly described in the DA. <br />C. Assignor intends to convey [a portion of] the Property [as more particularly described in <br />Attachment 1, attached hereto (the “Transferred Property”)] to Assignee. <br />D. Assignor has the right to make the [partial] assignment of the DA to Assignee under Section <br />11.1 of the DA. <br />E. Assignor and Assignee acknowledge and agree that Assignee intends to construct a portion <br />of the Project, comprised of __________ on the Transferred Property in accordance with the Project