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Agmt01 Western Innisfree Ventures LLC
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Agmt01 Western Innisfree Ventures LLC
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Last modified
10/12/2006 5:01:24 PM
Creation date
1/20/2004 9:43:23 AM
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Template:
Agreement
Contractor Name
BHV Western Innisfree Ventures (predecessor-in-interest to On Broadway Redwood City, LLC)
PROJECT NAME
Downtown Retail Cinema & Parking Project, Disposition & Development Agmt (DDA)
RMP File Number
304
Date
1/29/2001
Reso Ref
RD 00-48, RD 01-61, 14140, 14141, 14733
MO Ref
01-16, 04-17, RD 04-02
Amendment
Yes
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corporation which, directly or indirectly, has a majority interest in Developer or in any such <br />member. <br /> <br /> §903 Transfers to Joint Ventures or Partnerships <br /> <br /> Notwithstanding anything to the contrary contained in this Article 9, Developer may <br />assign its rights under this Agreement or transfer the Project Site, or any portion thereof, to one <br />or more joint ventures, limited liability companies, partnerships or corporations, without <br />obtaining Agency's prior approval (but provided that Developer notifies Agency in writing of <br />such assignment), if (i) such joint venture, limited liability company, partnership or corporation <br />agrees in writing with the Agency to assume all of Developer's obligations with respect to the <br />portion of the Project Site so assigned; (ii) Developer, or its present direct and indirect owners, <br />owns, directly or indirectly, at least a fifty pement (50%) interest in such joint venture, limited <br />liability company, partnership or corporation at the formation of such joint venture, limited <br />liability company, partnership or corporation; and (iii) Developer retains primary responsibility <br />for development of the Project Site. <br /> <br />Article 10 GENERAL PROVISIONS <br /> <br /> §1001 Intentionally Omitted <br /> <br /> §1002 Notices~ Demands and Communications Between the Parties <br /> <br /> Written notices, demands and communications between thc City, Agency and Developer <br />shall be sufficiently given when delivered by hand, or one (1) Business Day following dispatch <br />by overnight courier, or two (2) Business Days following dispatch by registered or certified mail, <br />postage prepaid, return receipt requested, to the principal offices of the Agency and Developer as <br />set forth in Sections 108 and 109 hereof, respectively. In addition, a duplicate copy of any notice <br />to Developer shall also be provided to legal counsel for Developer, as follows: <br /> <br /> Ordck, Hen'ington & Sutcliffe LLP <br /> 400 Sansome Street <br /> San Francisco, CA 94111 <br /> Attention: Noel W. Nellis <br /> <br />A duplicate copy of any notice to City/Agency shall also be provided to City Attorney/Agency <br />Counsel, as follows: <br /> <br /> Stan Yamamoto <br /> City Attorney <br /> City of Redwood City <br /> City Hall, City Attorney's Office <br /> P.O. Box 391 <br /> Redwood City, California 94064 <br /> <br />and to: <br /> <br /> 44 <br />DOCSSF1:648942.4 <br />9975-5 C14 <br />120502 <br /> <br /> <br />
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