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AgdaPkt 2010-11-08
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AgdaPkt 2010-11-08
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Last modified
7/9/2012 11:55:06 AM
Creation date
11/4/2010 2:20:38 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
11/8/2010
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6.2A <br /> Page 34 <br /> ARTICLE 9. DURATION <br /> The covenants contained in A�ticle 1 of this Covenant and the repurchase rights <br /> set forth in Article 5 of this Covenant shall be deemed to run with the land in accordance <br /> with Section 33334.3(f) of the Health and Safety Code or any successor statute and <br /> shall remain in effect for not less than fifty-five (55) years following recordation of this <br /> Covenant. The covenants against discrimination contained in paragraphs 5 and 6 of <br /> this Covenant shall be deemed to run with the land in accordance with Section 33438 of <br /> the Health and Safety Code or any successor statue and shall remain in effect in <br /> perpetuity. <br /> ARTICLE 10. SUCCESSORS AND ASSIGNS <br /> The covenants contained in this Covenant shall be binding for the benefit of the <br /> City, the Agency and their respective successors and assigns, third party beneficiaries, <br /> and any successor in interest to the Site or any part thereof, and such covenants shall <br /> run in favor of the City, the Agency and such aforementioned parties for the entire <br /> period during which such covenants shall be in force and effect, without regard as to <br /> whether the City or the Agency is or remains an owner of any land or interest therein to <br /> which such covenants relate. The City, the Agency, and such aforementioned parties, <br /> in the event of any breach of any such covenants, shall have the right to exercise all of <br /> the rights and remedies, and to maintain any actions at law or suits in equity or other <br /> proper proceedings to enforce the curing of such breach. The covenants contained in <br /> this Covenant shall be for the benefit of and shall be enforceable only by the City, the <br /> Agency and their respective successors and assigns, third party beneficiaries, and such <br /> aforementioned parties. <br /> IN WITNESS WHEREOF, the City and Owner have caused this instrument to be <br /> executed on their behalf by their respective officers thereunto duly authorized, on the <br /> day and year first above written. <br /> OWNER: <br /> � <br /> a California non-profit organization <br /> Address <br /> Redwood City, CA 94063 <br /> Attest: <br /> By: <br /> By: Executive Director <br /> Clerk <br /> Page 8 <br /> 824ti3.00000\5570532.4 <br /> ATTY/AGR/2010.120 EXHIBiT C <br /> 103010 <br />
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