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RecDoc 2014-042758 SWTM 1410 Valota Rd
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RecDoc 2014-042758 SWTM 1410 Valota Rd
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Last modified
6/4/2014 1:51:21 PM
Creation date
6/4/2014 1:51:19 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
SWTM Agmt 1410 Valota Rd
Doc Num
2014-042758
Rec Date
5/16/2014
Address
1410 Valota Rd
Parties
Valota Develpmenet Partners, LLC
MO Ref
14-077
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16. Paragraph Headinas. Paragraph headings as used herein are for convenience <br /> only and will not be deemed to be a part of such paragraphs and will not be construed <br /> to change the meaning thereof. <br /> 17. Entire Aqreement. This Agreement, together with any other written document <br /> referred to or contemplated by it, embody the entire agreement and understanding <br /> between the parties relating to the subject matter of it. Neither this Agreement nor any <br /> of its provisions may be amended, modified, waived or discharged except in a writing <br /> signed by both parties. <br /> 18. Severabilitv. The provisions of this Agreement shall be severable and if any <br /> phrase, clause, section, subsection, paragraph, subdivision, sentence or provision is <br /> adjudged invalid or unconstitutional by a court of competent jurisdiction, or the <br /> applicability to any Property Owner is held invalid, this shall not affect or invalidate the <br /> remainder of any phrase, clause, section, subsection, paragraph, subdivision, sentence <br /> or provision of this Agreement. <br /> 19. Covenant Runninq with the Land. This Agreement will be recorded by the City in <br /> the County Recorder's Office of the County of San Mateo, Califomia at the Property <br /> Owner's expense. The covenants and agreements contained herein shall be deemed to <br /> be covenants running with Title to the land for the benefit of the City and its successors. <br /> 20. Release of Aareement. In the event that the City determines that the stormwater <br /> treatment measures located on the Property are no longer required, then the City, at the <br /> request of the Property Owner shall execute a release of this Agreement, which the <br /> Property Owner shall record in the County Recorder's Office at the Property Owner's <br /> expense. The City reserves the option to record such release of this Agreement. The <br /> stormwater treatment measure(s) shall not be removed from the Property unless such a <br /> release is so executed and recorded. <br /> 21. Effective Date and Modification. This Agreement is effective upon the date of <br /> execution as stated at the beginning of this Agreement. This Agreement shall not be <br /> modified except by written instrument executed by the City and the Property Owner at <br /> the time of modification. Such modifications shall be effective upon the date of <br /> execution and shall be recorded. <br /> (Signature Page FollowsJ <br /> REV:04-10-14 VR <br /> Page 6 of 15 <br /> ATTY/AGR.2014.051NALOTA DEVELOPMENT_1410 Valota_STMMA <br />
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