Laserfiche WebLink
EXHIBIT E <br /> FORM ASSIGNMENT AND <br /> ASSUMPTION AGREEMENT <br /> RECORDING REQUESTED BY ) <br /> AND WHEN RECORDED MAIL TO: � <br /> � <br /> City of Redwood City ) <br /> 610 Redwood City Boulevard ) <br /> Redwood City, CA 94404 ) <br /> Attn: ) <br /> (Space Above This Line for Recorder's Use Only) <br /> Exempt from Recording Fee per Government Code§27383 <br /> ASSIGNMENT AND ASSUMPTION AGREEMENT <br /> THIS ASSIGNMENT AND ASSUMPTION AGREEMENT ("Assignment <br /> Agreement") is entered into as of the day of , 20_, by and among THE <br /> BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY, a body <br /> having corporate powers under the laws of the State of California ("Assignor"), <br /> , a ("Assignee"), and the City of Redwood <br /> City, a municipal corporation ("City"). <br /> RECITALS <br /> A. Assignor has entered into a Development Agreement with City effective <br /> (Recorder's Document No. ) ("Development Agreement"), to <br /> facilitate the development and use of that certain real property consisting of approximately <br /> 35 acres within the City of Redwood City, County of San Mateo, State of California, which is <br /> legally described in Exhibit A to the Development Agreement and shown on the map attached to <br /> the Development Agreement as Exhibit B ("Site"). Capitalized terms used but not otherwise <br /> defined herein shall have the meaning ascribed to such terms in the Development Agreement. <br /> B. Assignor is the fee owner or ground lessor of the Site, [a portion of which isJ <br /> designated as APNs , more particularly described in Attachment 1 attached <br /> hereto and incorporated herein ("Property"). <br /> C. Assignor desires to transfer its interest in the Property to Assignee concurrently <br /> with execution of this Assignment Agreement and Assignee desires to so acquire such interest in <br /> the Property from Assignor. <br /> D. Article 6 of the Development Agreement provides that Assignor may assign its <br /> rights and obligations under the Development Agreement to another party, provided that the <br /> EXHIBIT E <br /> 1 <br /> ATTY/AGR/2013.134/STANFORD DEVELOPMENT AGREEMENT <br /> REV: 08-14-13 PT <br />