Laserfiche WebLink
"A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE <br /> CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER <br /> FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY <br /> HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER <br /> SETTLEMENT WITH THE DEBTOR." <br /> 25. Effect of Redevelopment Dissolution Act. The parties acknowledge and understand <br /> that with the passage of ABx1 26, the Dissolution Act (which took effect on December 29, 2011 <br /> upon issuance of a California Supreme Court decision in California Redevelopment Association <br /> v. Matosantos (5194861) upholding the Dissolution Act as constitutional), the dissolution of the <br /> Redwood City Redevelopment Agency (which took effect on February 1, 2012 per the California <br /> Supreme Court decision), and the passage of AB 1484, the Dissolution Act Amendment, the <br /> state of the City Property transfer from the Redwood City Redevelopment Agency to CITY is in <br /> flux. The Department of Finance and the State Controller have reviewed the City Property <br /> transfer and have not objected to the City Property transfer. CITY in good faith believes that its <br /> execution of this Agreement is permitted by the Dissolution Act and the Dissolution Act <br /> Amendment. However, given the uncertain state of related laws, uncertainty as to the full effect <br /> of the Dissolution Act or its Amendment, and the possibility of future legislative enactments, City <br /> expressly disclaims any representation or warranty to that effect (written or oral, or express or <br /> implied) and LICENSEE expressly acknowledges and agrees that upon direction from the State <br /> of California or San Mateo County, CITY may have to revoke the license granted hereunder. <br /> LICENSEE REPRESENTS AND WARRANTS TO CITY THAT IT HAS READ AND <br /> UNDERSTANDS THE CONTENTS OF THIS LICENSE, HAS HAD AN OPPORTUNITY TO <br /> REVIEW AND DISCUSS IT WITH COUNSEL OF ITS CHOOSING, AND AGREES TO <br /> COMPLY WITH AND BE BOUND BY ALL OF ITS PROVISIONS. <br /> IN WITNESS WHEREOF the parties have executed this Agreement as of the day and <br /> date first above written. <br /> � <br /> REDWOOD CITY: LICENSEE: , <br /> B�rG�--�� ��-�-�1 By: � <br /> V <br /> Robert B. Bell, City Manager Name: Martin Sisemore <br /> ItS: President and CEO <br /> By: <br /> Name: <br /> -� Its: <br /> � <br /> ATTE <br /> n � <br /> S�Ivi Vond , I d n, City Clerk <br /> ATTY/AGR/2012.190/KAISER(RUDOLPH&SLETTEN)LICENSE AGREEMENT <br /> REV:1-18-13 VR <br /> Page 11 of 12 <br />