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Agmt 2009 Alameda Housing Associates LP (2)
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Agmt 2009 Alameda Housing Associates LP (2)
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7/24/2009 3:02:24 PM
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7/24/2009 3:02:23 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
6/25/2009
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Agmt 2009 Alameda Housing Associates LP
(Reference)
Path:
\City Clerk\City Council\Agreements\2009
RDA Reso 2009-009
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2009
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Exhibit B <br />CONSENT <br />This Consent ("Consent") is executed effective as of , 20_, pursuant to <br />that certain Assignment of Agreements, Plans and Specifications ("Assignment Agreement") <br />executed by and between Alameda Housing Associates, L.P., a California limited partnership <br />("Assignor") and the Redevelopment Agency of the City of San Leandro, a public body, <br />corporate and politic ("Agency") dated as of June 25, 2009. Unless otherwise defined herein, <br />capitalized terms used in this Consent shall have the meanings given them in the Assignment <br />Agreement. <br />The undersigned consultant, architect, engineer, and/or contractor ("Contractor'') <br />hereby consents to the Assignment Agreement and the assignments contemplated thereby, and <br />hereby waives all provisions in the Assigned Documents to which Contractor is a party which <br />would impair, hinder or prevent the making of any such assignment by Assignor to Agency or <br />the enforcement thereof by Agency. <br />Contractor agrees that if at any lime, the Agency shall, pursuant to its rights under the <br />Assignment Agreement, deliver an Exercise Notice to Contractor, then provided that Contractor <br />has received, receives or continues to receive the compensation called for under the Assigned <br />Documents to which Contractor is a party, the Agency may, at its option, use and rely upon the <br />Reports, Plans and Specifications for the purposes for which they were prepared, and <br />Contractor will continue to perform its obligations under the Assigned Documents to which <br />Contractor is a party for the benefit and account of the Agency in the same manner as if <br />performed for the benefit or account of Assignor in the absence of the Assignment Agreement. <br />Contractor agrees that it shall rely conclusively upon any Exercise Notice given to Contractor by <br />Agency, and Contractor agrees to be bound by such Exercise Notice. <br />By its execution of this Consent, Contractor agrees to look solely to Assignor and its <br />successors in interest for performance of Assignor's obligations under the Assigned Documents <br />to which Contractor is a party unless and until Contractor shall have received an Exercise <br />Notice from Agency. <br />Contractor agrees that, notwithstanding anything hereinabove contained or contained in <br />the Assigned Documents to the contrary, provided that Contractor has received, receives or <br />continues to receive the compensation called for under the Assigned Documents to which <br />Contractor is a party, Agency will have the right to receive and io use (without cost to Agency) <br />any and all Reports, Plans and Specifications relating to the Property, the Project or the <br />Improvements, as the same may be amended or modified from time to time, which Contractor <br />may own or have the right to use and to grant others the right to use. Contractor further agrees <br />that, upon the written request of Agency (whether or not any Event of Developer Default has <br />occurred), it will execute and deliver a certification confirming Agency's rights with respect to <br />such Reports, Plans, and Specifications as Agency from time to lime may reasonably request. <br />Contractor agrees that for so long as the Assignment Agreement is effective, if Assignor <br />defaults in making any required payment or in performing any other obligation under any <br />Assigned Document to which Contractor is a party, Contractor shall give prompt written notice <br />thereof to Agency. Unless and until such notice is given to Agency, and for a period of 15 <br />business days thereafter, Contractor shall not exercise any of its rights or remedies against <br />] 210R9s-5 <br />
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