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<br />~o»}o <br /> <br />RIGHT OF ENTRY AGREEMENT <br />BY AND BETWEEN <br />THE REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY <br />MD . <br />VILLA MONTGOMERY, L.P. <br />This RIght of Entry Agree(nent ("Right of Entry") 18 enÌ8red ihi$ <br />~ day of Auøuet, 2005 byanðbe~een theR.edttv.lopment <br />Agency ofih. City of Rødwoød 'CIty fa Ag8l)cÿ') and VIDa <br />Montgomery, LP., a California limited p.rb1er8hip ("Partnership"). <br /> <br />RECITALS <br /> <br />WHEREAS, Agency is the owner of cørtain real property located <br />within the City of Redwood City,as morø fully dØ$Clibed on exhibit "An <br />attached hereto and incorporated herein by reference (the ..Prøpertyj; <br />and <br /> <br />WHEREAS, Agency and Partnership are or will be bOund under the <br />terms of a certain DispoøitionandDevelopment Agreement wherein <br />Partnership agrees to develop a certain residential housing project (the <br />"Projecr) on property to be conveyed to Partnership by Agency and which <br />is located adjacent to the Property; and <br />WHEREAS, Partnership desires to have immediate access to the <br />Property so that it maycømmence construction of the Project; and <br />WHEREAS, the partie$ de~re to enter into this RIght of Entry to <br />consummate their relationship and to further define the rights and <br />liabilities of each in connection with Partnership's entry onto the Property. <br /> <br />NOW THEREFORE,lnconslderldio.nof the faithful <br />pel'forrnance of the c:ovenant8and condltlon$$ØI forth herein, the <br />partle$ høreby agree as follows: <br />1..~. Agency herebygmnts to Partnership the right <br />to enter the Property fOr the sole purpose of conducting construction <br />staging necessary for the development of the Project. <br />2. ~. Aoopy of the Scope of Use to be undertaken by <br />Partnership ¡Sàtlachecl h$reto. martœd Exhibit 8B.. and incorporated by <br />this reference. <br /> <br />~~~==:s~'"'. <br /> <br />4.~. W PlODerties. )f Partneœhipdarnages the Property. or <br />in any way jnterfef8$ With Agency's use or enjoyment pf the Property. <br />Partnership shat bØar aU 0bStS andexpensee thereby incurred by Agency, <br />its .... .empJo.yees. contradots, or subcontractons in connection with <br />remedying or repairing such damages or intefferenœ. Partnersh1pfurthet <br /> <br />~.doc <br />0MIIWì5 ":52 RIVe <br />