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bind and <br /> <br />033285 <br /> <br /> 6. Binding Effect of Agreement. The burdens of this Agreement <br /> <br /> the benefits of this Agreement inure to each party's successors <br />in interest. The covenants and conditions set forth herein are deemed <br /> <br />to run with the land. <br /> <br /> 7. <br />contractor <br /> <br /> 8. <br /> <br /> Relationship of Parties. Property Owner is an independent <br /> <br />and not the agent of City. <br /> <br /> Use. Property Owner intends to develop the property to <br /> <br />provide medical office and related buildings and site improvements (such <br />as, but not limited to: parking~ site access, walkways and landscaping). <br />Property Owner desires to construct a hospital on [he property, but <br />acknowledges that zoning existing at the time of the execution of this <br />Agreement does not permit such use. City is not bound or otherwise <br />required to change existing zoning by this Agreement. <br /> <br /> Existing zoning of the Real Property is C-R (Regional-Commercial), <br />which does not permit the construction of a hospital. Under the existing <br />General Plan designation which is C-O (Commercial & Office) zoning of <br />the Real Property to O (office) is permissible and said office district <br />zone permits the construction and operation of a hospital. City shall <br />take all steps necessary to preserve this General Plan designation and <br />zoning option to permit Property Owner to apply for a zoning district in <br /> <br />which a hospital may be constructed. <br /> 9. Integrated Project. <br /> <br /> (a) It is the intent of the City and Property Owner that the <br />Project shall be completed through the integrated development of the <br /> <br />Real Property over an extended period of time. Complete and satisfactory <br />development of the Real Property is dependent on the successful completion <br />of the entire project. <br /> <br /> <br />