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� . <br /> employees shall be allowed, the Property Owner shall pay for all costs and expenses in <br /> connecdon herewith. This section shall not apply to any daims, demands, �, damages, <br /> liabilities, losses, accidents, casuat�es, oocurrences, claims and payments� inc�d�g <br /> attomey fees claimed which arise due to the gross negligence or willfui misc�anduct ofi the <br /> City. <br /> 11. No Additi�onal Liability. It is the intent of this Agreement to insure the proper <br /> maintenance of the treatment measure(s) by the Property Owner provided, tro�ver, that <br /> this Agreement shall not be deemed to create or effect any additional Iiabi�ty not othe�vise <br /> provided by law of any party for damage alleged to result from or caused by starm water <br /> runoff. <br /> 12. PerfoRnance Financial Assu�ance. The City may request the Property Ov�mer to <br /> provide a performance bond, security, or other appropriate financiai assursnce providing <br /> for the maintenance of the stormwater treatment measure(s) pursu�nt to the City's <br /> ordinances, guidelines, criteria or written direction. <br /> 13. Transfer of Propertv. This Agreement shaU run with the title to the land and any <br /> portion thereof. The Property Owner further agrees whenever the Property or e�ny portion <br /> thereof is held, sold, conveyed or othervvise transferred, it shall be subj�ct to this <br /> Agreement wfiich shall appty to, bind and be obligatory to all present �nd subsequent <br /> owners o#the Property or any portion thereof. <br /> 14. Notices. The name of the persons who are authorized to give w�ritten notices or <br /> to receive written notice on behalf of City and on behalf of the Property Ch+rner under <br /> this Agreement. <br /> For C ; <br /> City of Redwood City <br /> 1017 Middlefield Road <br /> Redwood City, CA 94063 <br /> (650) 780- 7000 <br /> Attn: City Engineer <br /> For Proaerty Owner: <br /> RC Peninsula Park LLC <br /> 270 St. Paul Street, Suite 300 <br /> Denver, CO 80206 <br /> Attn: Joseph M. Wilson <br /> (303) 371-9000 <br /> Except as otherwise stated, all notices to be provided or that may be provided under <br /> this Agreement must be in writing and delivered by regular and cer�fied mail, retum <br /> receipt requested. Each party will notify the other immediately of any changes of <br /> address that would require any notice or delivery to be directed to another address. <br /> REV:03-18-14 VR <br /> Pa�e S of 7 <br /> ATTY/AC3R.2014.035/One Marina Final Phase-Starmwater Agreement <br />