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RecDoc 2013-166544
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RecDoc 2013-166544
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Last modified
1/2/2014 12:42:17 PM
Creation date
1/2/2014 12:39:28 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Stanford in Redwood City
Doc Num
2013-166544
Rec Date
12/10/2013
APN
054-141-230, 054-150-140, 154-150-120, 054-150-150
Address
35 Acres site 450 Broadway, 101, 550 Broadway, Broadway/Douglas, FS 11
Parties
Board of Trustees Stanford University
Document Relationships
RecDoc 2017-037383
(Message)
Path:
\City Clerk\Recorded Docs CC&Rs\Recorded Docs 2013-2020 Additional sub folders\Recorded Documents 2013-2023 (additional sub folders)\Maintenance Agreement
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j. Perform landscape maintenance including watering/irrigation, fertilization, <br /> pruning, trimming, shaping, and replacement, as needed, of all trees, shrubs, grass, and other <br /> plants or plant materials, weeding of all plants, planters and other planted areas, staking for <br /> support of plants as necessary, and clearance, cleaning and proper disposal of all cuttings, weeds, <br /> leaves and other debris; and <br /> k. Perform other maintenance as required by law. <br /> 4. Term. This Easement Agreement shall continue in effect until the earlier of the <br /> following dates: (a) the date upon which (i) Blocks A through D have been developed pursuant <br /> to the Precise Plan, and (ii) 50 percent or more of Blocks A through D have undergone a <br /> subsequent City-approved Comprehensive Reconstruction; or (b) , 20_, <br /> the date which is 75 years following the effective date of the Development Agreement. City <br /> shall quitclaim its interest in the Easement and this Easement Agreement immediately upon <br /> expiration of the Term. <br /> 5. Default and Remedies. Breach of, failure, or delay by Owner or Maintenance <br /> Owner to perform any term or condition of this Easement Agreement shall constitute a default. <br /> In the event of any alleged default of any term, condition, ar obligation of this Easement <br /> Agreement, City shall give the defaulting party notice in writing specifying the nature of the <br /> alleged default and the manner in which such default may be satisfactorily cured ("Notice of <br /> Breach"). The defaulting party shall cure the default within 30 days following receipt of the <br /> Notice of Breach, provided, however, if the nature of the alleged default is non-monetary and <br /> such that it cannot reasonably be cured within such 30-day period, then the commencement of <br /> the cure within such time period, and the diligent prosecution to completion of the cure <br /> thereafter, shall be deemed to be a cure, provided that if the cure is not diligently prosecuted to <br /> completion, then no additional cure period shall be provided. If the alleged failure is cured <br /> within the time provided above, then no default shall exist and the City shall take no further <br /> action to exercise any remedies available hereunder. If the alleged failure is not cured, then a <br /> default shall exist under this Easement Agreement and the City may bring any action at law or in <br /> equity to enforce the terms of this Easement Agreement. In addition, if the default is the failure <br /> to meet the Maintenance Standards set forth in Section 3 above, the City, in addition to its other <br /> rights and remedies, may enter and perform or cause its agents and contractors to enter the <br /> Easement Area and perform the required maintenance and City costs sha11 be reimbursed by <br /> Maintenance Owner within thirty (30) days of billing by City or City may record a lien or place <br /> the amount owed as a special assessment against Blocks A-C in the amount of the work <br /> performed. <br /> 6. Miscellaneous Provisions. <br /> a. Entire A�reement. This Easement Agreement, along with the <br /> Development Agreement, contains the entire understanding and agreement of the parties hereto <br /> relating to the rights herein granted and the obligations herein set forth. Any prior, <br /> contemporaneous, or subsequent written or oral representations and modifications concerning <br /> this Easement Agreement shall be of no force or effect. This Easement Agreement may be <br /> amended only by a written instrument signed by Owner and City. <br /> EXHIBIT D <br /> 4 <br /> ATTY/AGR/2013134/STANFORD DEVELOPMENT AGREEMENT <br /> REV: 08-14-]3 PT <br />
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