Agmt97 Martin Campus Ass... (2) - Laserfiche WebLink

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Owner to any further obligation to pay, contribute, or otherwise provide Corridor Assessment District Fees or Citywide or Areawide Traffic Impact Fees, or any other traffic impact fees. Section 3.03. Use of Funds. The payments referred to in Section 2 above, are intended to be payments toward the mitigation of the traffic impact generated by the Project. City intends to use the funds received from Owner pursuant to Section 2, above, toward the construction of Corridor Improvements or other traffic mitigation improvements along the Corridor. SECTION 4. NOTICES Section 4.01 Notices. All notices, requests, demands and other communications between City or Owner under this Agreement must be in writing, and may be given either personally or by registered or certified mail, return receipt requested. If given by registered or certified mail, such notice or communication shall be deemed to have been given and received on the first to occur of(i) actual receipt by any of the addressees designated below as the party to whom notices are to be sent; or (ii) five (5) days after a registered or certified letter containing such notice, properly addressed, with postage prepaid, is deposited in the United States mail. If personally delivered, a notice shall be deemed to have been given when delivered to the party to whom it is addressed. Any party hereto may at anytime, by giving ten (10) days written notice to the other party hereto, designate any other address in substitution of the address to which such notice or communication shall be given. Such notices or communications shall be given to the parties at their addresses set forth below: If to City, to: With Courtesy Copies to: Director of Community Development City Attorney City of Redwood City 701 Marshall Street 1020 Middle Road Redwood City, CA 94063 Redwood City, CA 94063 Telephone: (650) 780-7200 Telephone: (650) 780-7234 Facsimile: (650) 365-8901 Facsimile: (650) 780-0128 If to Owner, to: With Courtesy Copies to: Martin/Campus Associates, L.P. Cassidy, Cheatham, Shimko c/o The Martin Group of Companies, Inc. and Dawson Atto: Richard Watkins Attn: Anna Shimko 100 Bush Street, 26th Floor 20 California Street, 5th Floor San Francisco, CA 94104 San Francisco, CA 94111 Failure to provide courtesy copies shall not invalidate a notice given pursuant to this section. AGMT-1024 5 10/24/97 10F28/97R 10/29/97R