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Agmt24 MECAH Ventures Reimbursement Agreement
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Agmt24 MECAH Ventures Reimbursement Agreement
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Last modified
9/13/2024 1:20:20 PM
Creation date
9/13/2024 1:20:16 PM
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Agreement
PROJECT NAME
1201 Main Street
RMP File Number
304.5
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REV: 08-08-24 VR <br /> Section 5.04. No Agency, Joint Venture or Partnership. It is understood that Developer is <br />not an agent of City. City and Developer hereby renounce the existence of any form of joint <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 /> <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 /> <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 /> <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 /> <br /> DEVELOPER: MECAH Ventures <br /> Attention: Michael Field <br /> 530 Emerson St. #150 <br /> Palo Alto, CA 94310 <br /> Telephone: (650)847-1170 <br /> Facsimile: (650)847-1679 <br /> <br /> <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 /> <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 /> <br /> Section 5.08. Indemnification; Cooperation in Event of Challenge; Limitation of <br />Remedies. <br />
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