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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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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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enjoyment of the premises, nor shall the transferee himself or herself, or any person claiming <br />under or through him or her, establish or permit any such practice or practices of discrimination <br />or segregation with reference to the selection, location, number, use or occupancy of tenants, <br />lessees, subtenants, sublessees or vendees of the premises." <br /> <br /> Such contracts shall further provide that the foregoing provisions shall be binding upon <br />and shall obligate the contracting party or parties and any subcontracting party or parties, or other <br />transferees under the instrument. <br /> <br /> Except as otherwise provided, the covenants contained in this Article 6, the Grant Deed <br />or Grant Deeds shall remain in effect until January 17, 2028. The covenants against <br />discrimination shall remain in perpetuity. <br /> <br /> §603 Right to Enter Pr~eet Site <br /> <br /> The Agency, for itself and for the City and other public agencies, at their sole risk and <br />expense, reserves the right to enter the Project Site or any part thereof at all reasonable times <br />prior to the Certificate of Completion for the purposes of construction, reconstruction, <br />maintenance, repair or service of any public improvements or public facilities located on the <br />Project Site. Any such entry shall be made only after reasonable notice to Developer, and the <br />Agency and entering party shall restore the Project Site and all improvements thereon after such <br />entry and indemnify, defend and hold harmless Developer fi:om any and all claims, costs, <br />liabilities and actions arising in connection with such entry, including without limitation <br />reasonable attorneys' fees. Any damage or injury to any portion of the Project Site resulting <br />from such entry shall be promptly repaired at the sole expense of the public agency responsible <br />for the entry. <br /> <br /> §604 l~ffeet of Violation of the Terms and Provisions of this Article 6 After <br />Completion of Construction <br /> <br /> The Agency is deemed the beneficiary of the terms and provisions of this Article 6 and of <br />the covenants running with the land for and in its own right and for the purposes of protecting the <br />interests of the community and other parties, public or private, in whose favor and for whose <br />benefit this Article 6 and the covenants nmning with the land have been provided. This Article 6 <br />and the covenants contained herein shall mn in favor of the Agency without regard to whether <br />the Agency has been, remains or is an owner of any land or interest therein in the Project Site. <br />The Agency shall have the right, if the covenants of this Article 6 are breached, after notice to <br />Developer, to exemise all rights and remedies, and to maintain any actions or suits at law or in <br />equity or other proper proceedings to enfome the curing of such breaches to which it or any other <br />beneficiaries of this Article 6 and the covenants contained herein may be entitled. <br /> <br /> Notwithstanding any provision herein to the contrary, upon the sale or other transfer of <br />any portion of the Project after issuance of a Certificate of Completion, Developer shall be <br />released fi:om and have no further responsibility for the perfmxuance or failure to perform any of <br />the requirements of this Article 6 occurring subsequent to such sale or transfer with respect to the <br />portion sold or transferred. <br /> <br />Article 7. CONTRIBUTIONS OF DEVELOPER AND AGENCY <br /> <br /> §701 In General <br /> <br /> Subject to the provisions otherwise contained herein, as among the Agency, the City and <br />Developer, Developer shall be responsible for all expenses of the Project of every kind and <br />nature to the extent provided for herein, including, but not limited to, land acquisition, relocation, <br /> <br /> 34 <br />DOCSSF 1:495065.9 <br />9975-5 NWN <br /> <br /> <br />
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