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DIVIDEND DEVELOPMENT
City of Pleasanton
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LONG TERM AGREEMENT
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DIVIDEND DEVELOPMENT
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10/22/2007 9:48:42 AM
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10/22/2007 9:48:42 AM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
9/1/1988
LONG TERM AGREEMENTS - NAME
DIVIDEND DEVELOPMENT
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
LEASE
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R110 11 '88 12102 020 HOPKIHS SJ *1 P. B3 <br />arbieraeon ootrts r rrw-y ba ftxad by tits ttourt, Jury, or ~'amKn. K Dlvldarld become ^ parry to any titlpatlon or arbnrtttbn <br />brought by someorn other than CIlSI and oottcerMnp thh Lore or tM Prmtiese or Clly~s rtes or cocupartty, Clly ahd t» labia m <br />DMdsnd br twonabla atbrrtsys' tar and court cosh Incurred br DhAdand In tits Itlpatbn or arbitratlon. <br />y. B any nrtt N not raoslwd by DhAdsnd within fhn ro) days agar I baoomr due, Ctry ah.r Mh- paY b <br />Dluldsnd a lab charge equal b bn percent (1011) of tits amount of torn thtd b delnquent, r Iquldated darrtaDes for Cfty'a tepun to <br />make thtay payment (tits •Aprwd Lm Chargs'~. Tits Agreed Lama Charge M . raasonabla aatlmat. of, and fair oompetteatlon for <br />ms damadse DhAdsnd wAt Irtour as a oorteequenos of Gtys uds payment of rant, in rte svnttt shall mN late charQa provNbn extend <br />the tkns for paynwnt of not nor prawnt DMdsnd from axarolNrtp any right or tsnwdy wallabN to Wtrlldand upon City's fstlun b pay <br />any rant wMn due. DhAdsndle aoosptanos M ply's payment of the Aprrd Lab ChsrOs shall net wales ply's dsfauK M fsllnQ to <br />Pay not K any not nmalns dslnqusnt br a psrbd In atccxrss of thNty (30) days, than In addltlon to tlw brsAolnp lets charge, City <br />shall pay irtmsrsst b DhAdand en any rant that N not ptdd when due, from the thWlath (30th) day bpewlnp the d.M that such amount <br />ttsooma due ('FMsrsst staA dtgs") uml paid, at 1M Interest rats which N the greater of tan psrosnt (loll) par annum or a par annum <br />rate that M titre paroont (6ll) owr the pttwaMing rata r of ti-s twsttty-Ilhh (26th} dry of the month proadlnp 1M Inhrrtet slut date as <br />aatablshad by the Federal itasarw t3ank of Batt Frttrtelsco on adyanoas to marribn' banlts under 8aatlona q tuW bt'a) of tits Federal <br />Rsserw Ast. <br />Naltltar party may assign any of Ma rlphla or oblpal(ons hereunder. <br />o. b the want that ply falls b pry the mottMty not when des or etltatwMa tale b pstlorm any of Ns oblmatlons <br />hanundsr, DltiAdatxt shag haw 1IM ttpht b sttbtas Ile rlptns itsrwndsr in s»y manttsr psrntllMd tl taw or In aquhy. <br />1a Tf~la Irtatruntsnt oorttdns the antln apnent~nt ttstwsen tits parties nlatlnq b ttts Indermltlae harMn graMSd, Any <br />oral nprrentatlons or rrtodlcatbtta aenaaminp this inWltrrtent ahaM ba of no brow or ether ataxrptirtg a wnsrquent modpbtdlcn In <br />wtitlnp, signed by 1M partly ttarab. Ttma w et the sssertoe b this apnarnsrtt r to sash and wary provlelen hsrsoL TT~Is <br />apnerrtertt shah ba binding upon the hake, strsouton, tldmintjtratore, woosasore, and IuN~Ae of d parties hsreb. The captlons <br />heading tits various artlolsa and aaotlens of this ttprserrtent ale br eenwrtlanor and chap net bs oonskfered 1D Irrllt, atpttnd, or <br />dsAns the oontsrne of this aanatnant. TItM aprssntsrd may bs attaoutw In two or mots Idsntlord oourtNrpttrta, each of wh~h shag <br />ba dasntsd an orlplnal, but all sf which toystttsr shat oonstietM One and the starts irtstrumsrtt. No waiver by a parryy- of any provision <br />of this agnamsnt shag bs oonNdsrsd a wahrsr of any other provNbn or arty wttsequent broach of tits same or arty other provlsbn, <br />ktoludlnp the rites for petfotrrtartos of any such provhbn. TM srntclss bt- a Party of any tentady provided M this sprssn»rtt er d <br />law ahtl riot prevent the sttstolss br that parry of arty other rwrwtry provided b thN apnetrtsnt or at law. <br />THl8 AStREtJ1AENT N executed r of the daM and year tlntt set bAh show. <br />CITY OF PLEASANTON <br />APPROVED A$ TO FORM; <br />Dsnttis t)eoltghsr, Actlnp Chy A omoy <br />3M4D <br />iG~c[~~- LGL <br />ph od <br />DMector of Patric YVorks <br />end UMlltles <br />DMD Dt:VELOFAAtEWT CORP. <br />-2- <br />
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