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Premia 1180 Main - Agreement Regarding Improvements in ROW, Waiver, Release and Hold Harmless_11.9.2022
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Premia 1180 Main - Agreement Regarding Improvements in ROW, Waiver, Release and Hold Harmless_11.9.2022
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12/27/2022 10:31:05 AM
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12/27/2022 10:30:57 AM
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Agreement
Doc Num
2022-078392
Rec Date
11/9/2022
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RECORDING REQUESTED BY <br />AND WHEN RECORDED RETURN TO: <br />City of Redwood City <br />1017 Middlefield Road <br />City of Redwood City, CA 94063-0391 <br />Attention: City Clerk <br />Recorded for the Benefit of <br />City of Redwood City <br />Pursuant to Government Code <br />Section 27383 <br />2022-079392 CONF <br />2:25 pm 11/09/2022AG Fee: NO FEE <br />Count of Pages 7 <br />Recorded in Official Records <br />County of San Mateo <br />Mark Church <br />Assessor -County Clerk -Recorder <br />IE I � 1H II II 111 11 111 111111111 11 <br />*$ R 0 0 0 3 3 0 6 0 5 2$* <br />Space Above Reserved for Recorder's Use Only <br />AGREEMENT REGARDING IMPROVEMENTS IN RIGHT-OF-WAY, WAIVER, <br />RELEASE AND HOLD HARMLESS <br />THIS AGREEMENT REGARDING IMPROVEMENTS IN RIGHT-OF-WAY, <br />WAIVER, RELEASE AND HOLD HARMLESS ("Agreement") is entered into as of <br />bV-'NBc- ( 202 the "Effective Date"), by and between the City of Redwood City, a <br />municipal corporation ("City") and Premia 1180 Main Owner, LLC, a Delaware limited liability <br />company _("Owner"). City and Owner may hereinafter be referred to individually as a "Party" <br />or collectively as the "Parties". <br />RECITALS <br />A. Owner is the owner of that certain real property located at 1180 & 1190 Main <br />Street, Redwood City, California, as more particularly described in Exhibit A, attached hereto <br />and incorporated herein by this reference (the "Property"). Owner applied to the City for an <br />encroachment permit to install ninety-seven (97) shoring piles and anchors and other <br />improvements (the "Improvements") within the City's right-of-way ("Right -of -Way") adjacent <br />to the Property. <br />B. Owner is installing the Improvements as part of, and as necessary with respect to, <br />the construction of structures on the Property. <br />C. Special Provision No. 10 of Encroachment Permit No. CP19-0193 (the <br />"Encroachment Permit"), granting the permit and allowing the construction of the <br />Improvements within the Right -of -Way, requires that Owner remove all of its Improvements, at <br />its own expense, when directed to do so by City. <br />D. Owner desires to abandon in place the shoring piles at least five feet below grade <br />and leave the anchors permanently in the Right -of -Way, and City agrees to such abandonment <br />Page 1 of 5 <br />REV: 09-01-19 PR <br />ATTY/AGR.2019.214/1180 Main - Hold Harmless Agreement <br />
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