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<br />~f"" 2L2004 11:28 FITZGERALD LAW OFFICE 6503483518 p.2
<br />Responsible Solutions, Ltd.
<br />2117 Broadway, Redwood City, California
<br />APN' 052-366-010
<br /> SETTLEMENT AGREEMENT
<br /> TIllS AGREE.\1ENT is entered into by and between the CITY OF REDWOOD CITY ("City"), and
<br />Russell Brand, individually and dba Responsible Solutions, Ltd.("RSL").
<br /> In consideration of which, and the other considerations hereinafter set forth, it is mutually agreed as
<br />follows:
<br />1. The City and RSL have herein set forth the whole of their agreement. The perfonnance of this
<br /> Agreement constitutes the entire consideration for said document and shall relieve the City of all
<br /> further obligations or claims on this aC(;ount, or on account of the location, implementation,
<br /> construction or operation of the public parking garage project refeaed to below, except as otherwise
<br /> provided herein.
<br />2. The City is acquiring that certain parcel of real property described as Assessor's Parcel No. 052-366-
<br /> 010 and located at 2117 Broadway, Redwood City, California, ("subject property") for public
<br /> parking facilities, a public use. RSL is andlor was at all pertinent times herein a tenant of the subject
<br /> property and conducts and/or conducted a business upon the subject property.
<br />3. The City shall pay the sum of $ 56,000.00 to RSL for the purpose of acquiriog all interests in and to
<br /> the subject property of Russell Brand, individually and dba Responsible Solutions, Ltd. and
<br /> any and all related and successive corporations, partnerships and/or business entities for
<br /> which any claim is or could be made as a result of the City's acquisition of the subject property in
<br /> San Mateo County Superior Court Action No. CIV 429511 ("eminent domain action"), including,
<br /> but not limited to, business goodwill, improvements pertaining to realty. fixtures and equipment.
<br /> leasehold interest and relocation benefits, if any. Said sum shall be inclusive of any and all costs,
<br /> including litigation costs, interest and attorneys fees.
<br />4. RSL acknowledges that it has been apprised and is aware of the statutory requirements relating to
<br /> appraisals, offers and pertinent procedural requirements as to the acquisition of its interests in and to
<br /> the subject property, business goodwill and all matters relating thereto, and agrees that the City has
<br /> satisfied all such requirements and further agrees that the above payment represents ccmpensation for
<br /> business goodwill, improvements pertaining to realty, fIXtures and equipment, leasehold interest and
<br /> relocation benefits, if any, all of which shall be free and clear of all liens, encumbrances, conditions,
<br /> restrictions, easements, delinquent tax: liens of whatever nature, rights to possession or ownership or
<br /> claims to rights of possession or ownership, leases, whether the Same be recorded or nol RSL further
<br /> agrees to execute quit claim deeds, if appropriate, for any such interests.
<br />5. RSL has been apprised and is aware of relocation benefits assistance provided for by law and agrees
<br /> that the City has satisfied all such requirements oflaw, and further releases and forever discharges the
<br /> City and its successors and assignees, from any and all claims or damages for relocation assistance
<br /> benefits which may arise by reason of Article 9 of Chapter 4 of Division 24 of the Health and Safety
<br /> Code of the State of California, or by reason of Chapter 16 of division 7 of Title I of the Government
<br /> Code of the State of California, or by reason of the federal act entitled "Unifonn Relocation
<br /> Assistance and Real Property Acquisition Policies Act of 1970" (Public Law 91-646), as amended, or
<br /> by reason of any law orregulation of the United States of America or the State of California.
<br />6. It is agreed that the ccnsideration provided by the terms of this Agreement is in full settlement of: (i)
<br /> any claim RSL has made or could have made in the eminent domain action, including, but not limited
<br /> to, claims for loss of business goodwill, the leasehold interest in and to the subject property and the
<br /> "bonus value" of the lease, if any, machinery, fixtures and equipment in, on or related to the subject
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