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VDC AT THE MET, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY
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VDC AT THE MET, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY
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Last modified
3/13/2017 3:34:01 PM
Creation date
6/18/2012 4:01:06 PM
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Contracts
Company Name
VDC AT THE MET, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY
Contract #
A-2012-133
Agency
PLANNING & BUILDING
Council Approval Date
4/16/2012
Expiration Date
4/16/2022
Destruction Year
2027
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C. The City shall state in writing the reasons for disapproval of the Final Plans within <br />sixty (60) days of receipt of copies of such Final Plans. Faihrre to respond within this sixty (60) <br />day period shall not be grounds for rosubmittat. <br />D. Nexus, upon receipt of a notice of disapproval, shall revise such portions of the <br />plans, drawhrgs or related documents in a inannor that reasonably satisfies tho rmotis for <br />disapproval and shall resubmit such revised portions to the City as soon as possible aftarreccipt of <br />the notice of disapproval. Plans, drawings, and related dootunents receiving City approval shall not <br />bo subsequently disapproved. Nexus shall ensure that all of Its plans, drawings and related <br />documents comply with all Goveniniental Requirements. <br />5. COMMENCEMENT AND COMPLETION OF CONSTRUCTION OF NEXUS <br />IWROV13MENTS <br />a. Nexus shall construct and/or fend, idilizing the Nexus Escrow, the improvements in. <br />confortuance with Exhibit A to this Agreomont and the approved Final Plans. To the extent that the <br />cost of tho Nexus Iniprovetnents, constructed In conformance with Bxhlbit A to this Agreement and <br />the approved Final Plans, exceeds the funds in tlto Nexus Morow, Nexus and Genova Commons <br />shall be solely responsible for said costs, with each responsible for any additional cost to the same <br />percentage as Is set forth In paragraph I.D. of Qds Agroement, Noxus shall complete or Rind, as the <br />case may be; the construction of the Improveinonts in, conformance with the schedule sot forth in <br />Exhibit B to this Agreement, <br />b. The parties aeknow]Wge and agree that tho Blook Wall Identified as Item No. I our <br />Exhibit A will be constructed qn the propctties of dozens of individual homeownots in tho <br />Sandpointe neighboritood, none ofwhom are parties to this Agreement, The parties agree to use <br />their best efforts to obtain permission of each of theso individual prolrouty owners to construct this <br />Block Wall and to permit the City to permanently maintain the climbing Ivy along tho exterior of <br />tluc wall, Nowever, It Is the parties undorstanding and intent that should any property owner refuse <br />to agree to pernnlt the constxuctlor and/or extorior ivy maintenance ("hold outs), that the Block <br />Wall will be constructed regardless of arty holdouts, and that Noxus shall construct the Block Wall <br />in such fashion as to join Qho Block Wall to existing wall segments owtted by hold outs said <br />minimize airy rnogativo aosthotic impact caused by such hold outs. Nexus agrees to hold Sandpointe. <br />and its officers, directors, employees and agents lramiless from any claim by any and all property <br />owners including such holdouts arising out of the construction of the BlockWall in which <br />Sandpnhtte, or its officers, directors, employees or agents are named. Nexus shall be permitted to <br />select counsel to defend Sandpointo at the oxponsc of Nexus. In the event of a potential conflict of <br />interest between Sandpointe and Nexus, Sandpointe shall have the right to select independent <br />counsel. All fees and costs of independent counsel selected by Sandpointe for defenso of any claim <br />arising out of or relating to any claims described herein shall be paid by Nexus on behalf of <br />Sandpointe. <br />EXHIBIT D <br />Ordfnancs No. NS-2680 5 <br />gage 34 of tit
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