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RecDoc 2013-065242
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RecDoc 2013-065242
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Last modified
5/10/2013 1:38:37 PM
Creation date
5/10/2013 1:38:35 PM
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Template:
Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agreement Elan Redwood City, LLC
Doc Num
2013-065242
Rec Date
4/30/2013
APN
053-173-040,050,060,070,210,120,130,190,160, 110,
Parties
Elan Redwood City, LLC
Reso Ref
PC 12-21
MO Ref
13-067
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and necessary for completion of the work. In the event of default,the financial institution holding <br /> the securities shall be liable to City to pay the face amount of the security, as specified under <br /> Section 13. <br /> 25.2 City may bring legal action to compel performance of this Agreement and <br /> recover the costs of completing the Work and/or repairs, if any, including City's administrative <br /> and legal costs or pursue any other action at law or equity. <br /> 25.3 Developer agrees that if legal action is brought by City under this section of the <br /> Agreement, Developer shall pay all of the costs of suit, reasonable attorney fees, arbitration costs <br /> and such other costs as may be determined by the court or arbitrator. <br /> 25.4 No failure on the part of City to exercise any right or remedy hereunder shall <br /> operate as a waiver of any other right or remedy that City may have hereunder. <br /> 25.5 The rights and remedies of City are cumulative, and the exercise by City of one <br /> or more of such rights or remedies shall not preclude the exercise by it, at the same or different <br /> times, of any other rights or remedies for the same default or any other default. <br /> 26. Final Drawin�s. Upon completion of the Work and prior to final acceptance, Developer <br /> shall deliver to City a set of"as-built" drawings consistent with the Conditions. These drawings shall be <br /> in a form acceptable to the City Engineer, shall be certified as being"as-built" and shall reflect the Work <br /> as actually constructed,with any and all changes incorporated therein. Said drawings shall be signed and <br /> sealed as accurate by the engineer of record. <br /> 27. Monuments. All pipes and monuments shown on the Parcel Map which are destroyed or <br /> displaced during construction operations shall be replaced by Developer at the time of the final inspection <br /> of the Improvements,if any. <br /> 28. Attornevs'Fees. Should any legal action or arbitration be brought by either party because <br /> of breach of this Agreement or to enforce any provision of this Agreement, the prevailing party shall be <br /> entitled to all costs of suit, reasonable attorneys' fees, arbitration costs and such other costs as may be <br /> determined by the court or arbitrator. <br /> 29. Notices. Any notices relating to this Agreement shall be given in writing and shall be <br /> deemed sufficiently given and served for all purposes when delivered personally or by generally <br /> recognized overnight courier service, or five (5) days after deposit in the United States mail, certified or <br /> registered,return receipt requested,with postage prepaid,addressed as follows: <br /> To the Developer: Elan Redwood City,LLC <br /> One Market Spear Tower,36th Floor <br /> San Francisco,CA 94105 <br /> Attn: Jonathan Hayes <br /> ATTY/AGR/2013.042/ELAN(145 MONROE)IMPROVEMENT AGR <br /> REV:03-28-13 VR <br /> Page 11 of 14 <br />
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