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RecDoc 2010-115130 (2)
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RecDoc 2010-115130 (2)
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Last modified
10/20/2010 2:11:45 PM
Creation date
10/6/2010 4:30:02 PM
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Template:
Recorded Docs
Recorded Docs - Type
Amendment
Subject
1st Amendment to Development Agreement R.C. Pen
Doc Num
2010-115130
Rec Date
10/1/2010
Address
One Marina Community Facilities District No. 2010-1
Parties
R.C. Peninsula Prk, LLC
Reso Ref
14830
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13. Effectiveness of Original Agreement; Effect of Referendum. Except as <br />expressly modified by this Amendment, all terms and conditions of the Original <br />Agreement shall remain unchanged and in full force and effect. If this <br />Amendment does not take effect due to a referendum election or otherwise, or is <br />set aside by court order or otherwise, the Original Agreement shall remain in full <br />force and effect in its original form, subject to any future amendment agreed <br />upon by City and Developer. Upon the filing of any appeal, referendum, or any <br />other action to rescind or repeal this Amendment, City and Developer shall have <br />the option to, by mutual consent, terminate this Amendment in accordance with <br />any applicable legal requirements, and declare this Amendment null and void, <br />and upon such termination, all terms and conditions of the Original Agreement <br />shall remain unchanged and in full force and effect. If City and Developer do not <br />mutually agree to terminate this Amendment upon the filing of an appeal, <br />referendum, or other action to rescind or repeal this Amendment, and such <br />appeal is upheld or such referendum or other action succeeds, then the Original <br />Agreement shall remain in full force and effect in its original form. <br />14. Address for Notices. Developer's address for notices set forth in Section 8.1 of <br />the Original Agreement is hereby amended as follows: <br />R. C. Peninsula Park, LLC <br />650 Bair Island, Suite 100 <br />Redwood City, CA 94063 <br />Fax: (650) 369 -1317 <br />Attn: Paul Powers <br />and: <br />The Pauls Corporation <br />270 St. Paul Street, Suite 300 <br />Denver, CO 80206 <br />Fax: (303) 371 -6477 <br />Attn: Chris Manley <br />15. Further Assurances. The Parties shall execute, acknowledge and deliver to the <br />other such other documents and instruments, and take such other actions, as either <br />shall reasonably request as may be necessary to carry out the intent of this <br />Amendment. <br />16. Severability If any term of this Amendment is held by a court of competent <br />jurisdiction to be invalid, void or unenforceable, the remainder of the provisions shall <br />continue in full force and effect unless the rights and obligations of the Parties are <br />materially altered or abridged by such invalidation, voiding or unenforceability. <br />S:ATTY/AGR/2010.111 8 <br />9/28/10 FINAL <br />
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