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6.1 I <br /> Page 17 <br /> Owtier and Optionee to be performed under dSe Option Agi•ee�nent and this <br /> Memorandum, whether to be performed on the Propeity or eisewhere and whether sucl� <br /> oUligations aze affirmative or negative in nature, are intended to and shall bind Owner <br /> and Optionee and shall bind and ii�ure to the benefit of and their respective heirs, <br /> successors and assigns, <br /> IN WITNLSS WHEREOF, Owner and Optionee have signed this MemoTandum <br /> of Option Agreement dated as of the date first set forth above, <br /> OWNF.R: <br /> SCHRADER LEASK DEVCLOPMENT, <br /> INC., a ifornia corpora 'on <br /> �Y� �' � _ � <br /> , <br /> e: �/'�?�5 �7 �cPG�SI�" <br /> Irs: � �.1L ./�2���' <br /> OPTIONEE: <br /> CITY OF REDWOOD CITY, a charter <br /> city and municipal corporation of d�e State <br /> of California <br /> BY� , <br /> Name�� l� �-�- C ;� f�Y1 <br /> �ts: C �� - i�a�a c � <br /> l <br /> A ST: <br /> � o � Ia <br /> Sil ond in en, City Cler <br /> 2 <br />