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80A - JOINT PH - TRANSIT ZONING CODE, FINAL EIR, SPECIFIC PLAN ETC. - ORIGINAL PACKET PROVIDED TO COUNCIL
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80A - TRANSIT CODE AND STATION DISTRICT - FULL PACKET LISTED INDIVIDUALLY
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80A - JOINT PH - TRANSIT ZONING CODE, FINAL EIR, SPECIFIC PLAN ETC. - ORIGINAL PACKET PROVIDED TO COUNCIL
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Last modified
1/3/2012 4:04:32 PM
Creation date
10/11/2010 10:58:44 AM
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City Clerk
Doc Type
Agenda Packet
Item #
80A
Date
6/7/2010
Destruction Year
2015
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at?d refer solely at?d exclusively to tl?e assignee ar Tx•ansferee, and not to t??e original Developer <br />??er•e?rnder or tl?e assignee ar T?•ansferee of at?y other Please, <br />?n tl?e event of a Tr`at?sfer• by tl?e Develapet? ?tnder su?bparagr•aphs ?a? thrarrh {?, <br />inclusive, above trot requiring the Agency's pr•ior• approval, tl?e Developer nevertheless agrees <br />that at least ton ? ? a} days prior to such Tt•arlsfer• it shall give ?vt?itten notice to the Agency of st?el? <br />Transfer at?d satisfactory evidence that the Transferee leas assumed ?oir7tly with the Developer <br />the obligations of phis Agreement. <br />G??,? Agency or?si?era?ioa? of ?egrres#ed Trar?sfex•, The Agency agrees that <br />it will trot ltt?reasonably ?vithl?old approval of a request made pursuant to this ectron ?a?? <br />i?rovided fire Developer delivers written l?atice to the Agency requesting such appraval. rtcl? <br />notice shall be accor?lpanred by sufficient evidence regarding tl?e proposed assignee's or• <br />transferee's applicable oi?t`atlonal qualtflcat?or?s acid experience, a??d its f?nancia eor?r?itrrre??ts <br />and resources, irr sufficient detail to enable the Agency to eval?tate the proposed assig?ree or <br />purchaser pursuant ?o tl?e criteria set forth in tilts Section a? and as reasonably detertr?itred by <br />tl?e Agency. The Agency shall evaluate each proposed transferee or assignee on the basis of its <br />applicable developrrret?t at?dlor• c?ualificatior?s as it relates to a proposed transferee ?l?a is <br />obligated to complete the Developers ?mpr•over?er?ts, and expe?•ierice in the opet•atior? of facilities <br />sitr?ilar to the Developer ?rnprovetnents, arld its fit?at?cial cotrrrnitrnents and resources, and may <br />r•easor?ably disapp?•ove any proposed transferee or assig?lee, during tl?e period far ?vl?ich this <br />ectia?? ?a? applies, which fire Agetlcy dete?•tnrrres does not possess equal ar betted qualifications <br />than the t?•at?sferring Developer, An assignment, assutr?ptiot? and release agt•eerner?t ire fortr? <br />satisfactory to tl?e Agency's legal co?tt?sel shall also be req?lir•ed far• all proposed assit?trret?ts, <br />ttl?rr? thrrty ?a? days after tl?e receipt of the Developer's ?vr•itten notice requesting Agency <br />approval of an asslgn??el?t arF transfer p?tt•s?tant to this section COQ, the Agency shall either <br />approve or disapprove such proposed assigt?tnent or• transfet•, or• shall respond in v?rriting by <br />stating what further it?for•rnatian, if at?y, the Agency reasonably requires in order to determine tl?e <br />req?test complete a?xd deter•rnr??e ?vhetlrel• ar• rrat to grant the requested approval, L?pat? receipt of <br />s??ch a rresponse, the Developer shall prot??ptly f itrnish to the Agency such further inforr?atian as <br />rrray be reasonably requested, <br />G0??4 Successors alYd Assigl?s. All of tl?e terms, cavet?a??ts and cand?tiot?s of <br />tlx?s Areerrreat shall be binding rtpor? the Dcvelopc?4 at?d its permitted s?tccessars and assig??s, <br />'L?11er?ever tl?e ter;n? "Deg=eloper?" is used its this Agr•een?et?t, s?tc?? term shall it?cl?tde a??y other <br />permitted successors at?d assigns as herei?? provided, <br />602 Assig??n?erl# by Agency, Tl?e Agency nay assign or• transfer any of its <br />?•ights ar obligations under this Agreement ?vitl? tl?e approval of tl?e Developer, ?vl?ich approval <br />shall riot be ?#nreasonably withheld; provided, hov?ever•, that tl?e Agency rrray assign or transfer <br />any of its interests hereunder to tl?e pity at any time ?vitl?out fire ca??set?t of the Develaper? <br />G??,G ?Io ?•oss Defar?i#.eiese frvl?? Lial?ili#??, In the event of a Transfer of <br />Phase P permitted under Sections ?a2,2 arrd?ar 6a?.? ?i? a Default by a Transferor or Transferee <br />shall not be considered a Default by the other, and ?ii? tl?e Transferot? shall be relieved of a??y <br />further liability hereunder with respect to Phase P, <br />?3 <br />DOs?Cl??00b"?3?f? 312D?2?2-?0?1
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