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Ord. 2547
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Ord. 2547
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Last modified
6/10/2025 11:37:54 AM
Creation date
6/10/2025 11:35:15 AM
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CC Index
CC Index - Document Type
Ordinance
Meeting Type
Regular
Date
5/12/2025
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shall not operate as a waiver of any such rights or remedies, or deprive any such Party of its right <br />to institute and maintain any actions or proceedings which it may deem necessary to protect, assert, <br />or enforce any such rights or remedies. A Party may specifically and expressly waive in writing <br />any condition or breach of this Agreement by the other Party, but no such waiver shall constitute <br />a further or continuing waiver of any preceding or succeeding breach of the same or any other <br />provision. Consent by one Party to any act by the other Party shall not be deemed to imply consent <br />or waiver of the necessity of obtaining such consent for the same or similar acts in the future. <br />Section 13.10 City Approvals and Actions. Whenever reference is made herein to an <br />action or approval to be undertaken by City, the City Manager or their designee is authorized to <br />act on behalf of City, unless specifically provided otherwise or the context requires otherwise. <br />Section 13.11 Estoppel Certificates. A Party may, at any time during the Term of this <br />Agreement, and from time to time, deliver written Notice to the other Party requesting such Party <br />to certify in writing that, to the knowledge of the certifying Party, the following: 1) this Agreement <br />is in full force and effect and a binding obligation of the Parties; 2) this Agreement has not been <br />amended or modified either orally or in writing, or if amended, identifying the amendments; 3) the <br />requesting Party is not in default in the performance of its obligations under this Agreement, or if <br />in default, to describe therein the nature and amount of any such defaults; and, 4) any other <br />information reasonably requested. The requesting Party shall be responsible for all reasonable <br />costs incurred by the Party from whom such certification is requested and shall reimburse such <br />costs within thirty (30) days of receiving the certifying Party’s request for reimbursement. The <br />Party receiving a request hereunder shall execute and return such certificate, or give a written, <br />detailed response explaining why it will not do so, within thirty (30 days following the receipt <br />thereof. The failure of either Party to provide the requested certificate within such thirty (30) day <br />period shall constitute a confirmation that this Agreement is in full force and effect and no <br />modification or default exists. The City Manager shall have the right to execute any certificate <br />requested by Developer hereunder. City acknowledges that a certificate hereunder may be relied <br />upon by transferees and Mortgagees. <br />Section 13.12 No Third Party Beneficiaries. City and Developer hereby renounce the <br />existence of any third party beneficiary to this Agreement and agree that nothing contained herein <br />shall be construed as giving any other person or entity third party beneficiary status. <br />Section 13.13 Further Actions and Instruments. Each Party to this Agreement shall <br />cooperate with and provide reasonable assistance to the other Party and take all actions necessary <br />to ensure that the Parties receive the benefits of this Agreement, subject to satisfaction of the <br />conditions of this Agreement. Upon the request of any Party, the other Party shall promptly <br />execute, with acknowledgment or affidavit if reasonably required, and file or record such required <br />instruments and writings and take any actions as may be reasonably necessary under the terms of <br />this Agreement to carry out the intent and to fulfill the provisions of this Agreement. <br />Section 13.14 Limitation on Liability. In no event shall any partner, officer, director, <br />member, shareholder, employee, manager, representative, or agent of Developer or any manager <br />or member of Developer be personally liable for any breach of this Agreement by Developer, or <br />for any amount which may become due to City under the terms of this Agreement; or any elected <br />or appointed official, member, officer, agent, or employee of City be personally liable for any <br />ATTY/ORD.0002/CC ORD APPROVING DEVELOPMENT AGREEMENT (901 EL CAMINO REAL) - EXHIBIT A <br />REV: 04-23-25 VR <br /> <br />Page 51 of 336
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