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CAROLINE JOHN (2)
City of Pleasanton
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LONG TERM AGREEMENT
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CAROLINE JOHN (2)
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12/4/2008 11:46:03 AM
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10/17/2007 2:02:21 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
11/17/1980
LONG TERM AGREEMENTS - NAME
CAROLINE
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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_Page l4 -of 15 <br />` `~.; <br />County Recorder to become a part'of the chain of title <br />and notice to all potential third party purchasers; <br />L. Owner, or its Proposed .Assignee, and City agree <br />that in the event the total cost to expand the LAV4Jr7A <br />and DSRSD facilities, as provided for in Paragraph 1(A) <br />and 1(B) hereof, to be expended at Owner's, or its <br />Proposed Assignee's, sole cost and expense should exceed <br />$1,350,000, then Owner, or its Proposed Assignee, .shall <br />have the right for a period of thirty.(30) days, upon <br />receipt of written notice from Gity of such excess costs, <br />to terminate this Agreement. In such event, this <br />Agreement shall become null and void and neither party <br />shall. have any further obligations to the other. <br />M. Time is of the essence of this Agreement except <br />where otherwise expressly .provided; <br />T1. All notices herein required shall be in writing <br />and delivered in person or sent by .registered mail, <br />postage prepaid.. Notices to the parties hereto :shall <br />be forwarded as follows: <br />City: City Manager <br />City of Pleasanton <br />P. 0. Box 520 <br />Pleasanton, CA 94566 <br />Owner: Willow West Properties <br />1385 West San Carlos. Street <br />San Jose, CA 95126. <br />Assignee: Mr. David ~Jright <br />The Prudential Insurance <br />Company of America <br />I55 Moffett Park Drive <br />Building A, Suite .101 <br />Sunnyvale, CA 94086. <br />-14- <br />
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