Contracts & Agreements_1A-2019 - Laserfiche WebLink

Home Browse Search

entitled to the recovery of its reasonable attorneys' fees, including fees for the use of in- house counsel by a Party It is the intent of the Parties that the burdens and benefits herein undertaken shall constitute equitable servitudes that run with the Property and shall be binding upon future owners of all or any portion of the Property Any owner's liability hereunder shall terminate at the time it ceases to be an owner of the encumbered Property, except for obligations which accrue prior to the date of transfer by such owner, which shall remain the personal obligation of such owner 7 Time is of the essence in the performance of this Agreement 8 Any notice to a Party required or called for in this Agreement shall be served in person, or by deposit in the U S Mail, first class postage prepaid, to the address set forth below Notice(s) shall be deemed effective upon receipt, or seventy-two (72) hours after deposit in the U S. Mail, whichever is earlier A Party may change notice address only by providing written notice thereof to the other Party CITY OWNER City Engineer Justin Harvey City of Redlands CIVF V – CA11302, LLC P O Box 3005 One Beacon Street, Suite 1700 Redlands, CA 92373 Boston, MA 02108 9 This Agreement shall be governed by and construed in accordance with the laws of the State of California 10 Any amendment to this Agreement shall be in writing and approved by the City Council of City and signed by the City and the Owner IN WITNESS WHEREOF, the Parties hereto have affixed their signatures as of the date first written above 7�64L"IWL F REDLANDS CIVF V – CA1B02, LLC a Delaware limite iabili company By. — � A Maul- , ice�1 1lift9 Attest* 1&0,an Donaldson, City Clerk City of Redlands Agreement Version NOVEMBER 2013 Justin Ha ey Its Senior ice President, Investments