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that this Agreement will not be deemed to create or effect any additional liability not <br />otherwise provided by law of any party for damage alleged to result from or caused by <br />stormwater 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 to <br />receive written notice on behalf of City and on behalf of Developer under this Agreement. <br />For City: <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />(650) 780 - 7000 <br />Attn: City Manager <br />For Developer: <br />Joel Singh, Jitendra R. Singh, <br />and Angela D. Singh <br />523 Lancaster Way <br />Redwood City, CA 94062 <br />(650)504-7320 <br />Except as otherwise stated, all notices to be provided or that may be provided under this <br />Agreement must be in writing and delivered by regular and certified mail, return receipt <br />requested. Each party will notify the other immediately of any changes of address that <br />would require any notice or delivery to be directed to another address. <br />15. Assignment by Developer. Developer may assign its obligations under this <br />Agreement only with the City Manager's prior written approval. In connection with any <br />such assignment, Developer and its assignee will execute and deliver to City a written <br />assignment and assumption agreement in a form reasonably acceptable to the City <br />Attorney. <br />16. Assignment By City. City may assign its rights and obligations under this <br />Agreement to a municipal services district or other public agency without Developer's <br />consent. <br />17. Covenant Running with the Land. This Agreement pertains to and runs with the <br />Property in perpetuity, and will be recorded against the Property at Developer's expense. <br />This Agreement binds the assigns and successors -in -interest of Developer, including any <br />transferee of any fee interest within the Property. City and its successors and assigns, in <br />the event of any breach of this Agreement, will have the right to exercise all of the rights <br />and remedies, and to maintain any actions at law or suits in equity or other proper <br />proceedings against Developer or its permitted successors and assigns to enforce the <br />curing of such breach. <br />18. Release of Agreement. In the event that City determines that the stormwater <br />treatment measure(s) located on the Property are no longer required, then City, at the <br />REV: 11-18-25 VR <br />ATTY/AGR.2025.314/Joel Singh, Jitendra Singh, and Angela Singh (Page 5 of 14) <br />