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Agmt25 El Camino Real Holding JV LLC, - 920 Shasta
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Agmt25 El Camino Real Holding JV LLC, - 920 Shasta
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Last modified
3/13/2026 10:12:12 AM
Creation date
3/13/2026 10:11:06 AM
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Agreement
PROJECT NAME
920 Shasta Affordable Housing Land Donation Agreement
RMP File Number
304
Date
12/5/2025
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ATTY/AGR/2025.084/920 SHASTA AFFORDABLE HOUSING LAND DONATION AGREEMENT <br />REV: 10-16-25 VR <br />Exhibit F - 10 <br />EXHIBIT B to EXHIBIT F <br />CONSENT TO ASSIGNMENT OF CONTRACT <br />The undersigned hereby executes this Consent to Assignment of Contract (this “Consent”) <br />to the foregoing Assignment of Contracts executed by ____________________, a <br />____________________, (“Assignor”), to and for the benefit of the City of Redwood City, a <br />California charter city (the “City” also referred to as the “Assignee”), dated as of the date hereof <br />(the “Assignment”). The undersigned agrees to perform pursuant to the terms and conditions of <br />the undersigned’s Agreement with Assignor (the “Agreement”) described in Exhibit A attached to <br />the Assignment. If requested by Assignee in the exercise of its rights under the Assignment, the <br />undersigned shall continue to perform its obligations under the Agreement in accordance with the <br />terms thereof for which the undersigned shall be compensated in accordance with its Agreement. <br />The undersigned also agrees that, in the event of a breach by Assignor of any of the terms and <br />conditions of the Agreement, the undersigned will give prompt written notice of such breach to <br />Assignee at Assignee’ address provided to undersigned. Assignee shall have thirty (30) days from <br />the receipt of such notice of default to remedy or cure such default, provided, however that neither <br />the Assignment nor this Consent shall require Assignee to cure such default, but Assignee shall, <br />in its sole discretion, have the option to do so. The undersigned acknowledges that the City has the <br />right to approve certain change orders for the Affordable Development in accordance with Section <br />8.5 of the Land Donation Agreement. The undersigned acknowledges that Assignee are relying on <br />this Consent and the assurances herein in entering into the Land Donation Agreement and this <br />Consent shall also be for the benefit of and bind Assignee and any successors of Assignee and the <br />undersigned. All capitalized terms used in this Consent shall have the same meaning as in the <br />Assignment. The undersigned represents and warrants that the Agreement between Assignor and <br />the undersigned is in full force and effect as of the date hereof. <br />Dated as of ______________________ <br />CONTRACTOR: <br /> , a <br />By <br />Name: <br />Its
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