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b) Upon receipt by Owner of a notice of nonrenewal from City, Owner may make a <br />written protest of the notice of nonrenewal. City may, at any time prior to the Renewal Date, <br />withdraw the notice of nonrenewal. <br />C) If either City or Owner serves notice of intent in any year not to renew the Contract, <br />the existing Contract shall remain in effect for the balance of the period remaining since the <br />original execution or the last renewal of the Contract, as the case may be. <br />4. Standards for Historical Propert . During the Term of this Contract, the Historic <br />Property shall be subject to the following conditions, requirements and restrictions: <br />a) Owner shall, at Owner's own cost and expense, complete, or cause to be completed, <br />the work or improvements described in the attached Schedule of Improvements, attached <br />hereto as Exhibit "B", according to certain standards and requirements. Such standards and <br />requirements shall include, but not be limited to: City's Minimum Maintenance Standards for <br />Historic Properties, attached hereto as Exhibit "C" (the "City Minimum Standards"); the <br />Secretary of the Interior's Standards for the Treatment of Historic Properties, attached hereto <br />as Exhibit "D" (the "Secretary's Standards"); the rules and regulations of the Office of Historic <br />Preservation of the California Department of Parks and Recreation ("OHP Rules and <br />Regulations"); the State Historical Building Code as determined applicable by City; Chapter <br />40 of the Redwood City Code; all applicable building safety standards; and the requirements <br />of City's Planning Manager, Historic Resources Advisory Committee, Planning Commission <br />and City Council. All enumerated work or improvements will be completed by December 31 of <br />the year for which such work or improvement is listed in Exhibit "B", provided however that <br />City may, in its sole discretion, extend the deadline for completion of any such work or <br />improvement. The Owner shall secure any and all permits which may be required by City, or <br />any other governmental agency affected by the construction of the work or improvements. <br />Owner accepts responsibility for and shall be responsible for identification of and compliance <br />with all applicable laws pertaining to the construction and installation of the work or <br />REV: 10-25-24 JB <br />ATTY/AGR.2024.205/Stays Chandrasekr (1200 Arguello—Historic Preservation Agreement) (Page 3 of 14) <br />