ilrgIrDED IITD N,ESETTED orilEn PtntrIcrPtrrof, [GnEEHEltr Datscr tugrurt re, lera
T4BLE OF CpNTEUFS
ARTICLE I
DEFTHTTIOHS . . . . . . . . . ., . .
ARTICLE II
DEBT TO HOI-IART . . . . . . . . . . . . . . . . . . .. . . {. Agreetrent on Arnount . . . . . . . . . . . . . . . r {. Sgcurlty . r . . . . . . . . . . . . . . . , . . . 4. *i:#:":r"1":ilt.i'.*:':':::::::::::::3:, IRTICI,E IrI 6.
DEXIEI.OPTTEHT OF PROPERTY . . . . . . . . r . . . . . . . 6. Pgrnlttgd Usgg . . . . r . . . . . . . . . . . . o 6. Densltlee - Affected Property . . . . . . . . . . . 6. Archltectural CouuLttgg . . . . . r . . . . . . . . i.
InsrrranCE . . . . . . . . . . . . . . . . , r . . . 7.
ARTICLE .IV 8. No}{DIscRIltIllATIotl . . . . r . . r . r . . . . , . . . . g.
NondlscrlulnationCovenanta r . .. ........ 8.
ARTICLE V 10.
OYSTER POfHt SEPARf,TIOH PRO.IECE . . . . . . . . . . . . 10.
Assessuent District Surplus . . . . . . . . . . . . 10.
Dgvgloper Contrl,butlon . . . . . r , ! . . . . . . 11.
Ho Further Fees or Contrlbutions . . . . . r . . . 15.
ARTICLE VI 15.
I'iISCEIJAIIEOUS r . . . . . r . . . . . . . . e . . . ., . 15.
NOtlCeS .. . . . . i . . . . . . . . . . . . . . . . 15.
Prlvatg ProJect . . . . . . . . . . . . . . . . . . 16.
Succgssor8 and Asgigne . . . . . . . . . . . . . . 16.
l{ortgage Protgction . . . . . . . r r . . . . . . . 17.
InteEratl,on . . . . r . . . . . . . . . . . . . . . 17. Conflict ol Intgrgst . . . . . . . . . . . . . . . 1?.
Nonllablltty of Aqfency and Ctty offlcials and
Paqa
2. . . . . . a . . . . 2.
{.
App
E&
hployegg . . . . . . . . . . . . . r . . . e 18.
llCablg lratf . . . . . . . . r . . . . . . . . . 18.
lblte . . . . . r . . . . . . . t . r rt . . . . 18.
ru{ElTDED tlTD REETI.TED
P.HElm rcBEEl{qu
THrs AIIEHDED }t{D RESTATED ouner partlclpatlon and
Deveropuent Agrreeuenr re uade aa of ilre ?-Ott+ay of dsff, 1992 by and a'ong THE crrY oF sourH sAlI FnAllcrsco a l,Iunlelpal COTPOTAT1ON (iCItYtr); REDEI'EI,oPHET{E AGEHCY OF rHE CrET OF SOTIIE s}}I FRil{crsco, a pub\tc body coqporate and poHtlc (iAgency.); and HO!-IART DElrEInpuEltIt co., a Derauare coqporatl,on (rDeverolnrr).
EECITA&E:
wHEREn's, Clty, tgeney and Developea entered lnto urat
certaLn orner PartLclpatton and Developuent tEreeuent dated aE of l{arch 19, 1981 ln connestton ulth the Redevelopnent plan for the south san Francl'sco GateHay Redevelopuent DlEtrlct, uhlch agreeDent uaa auended by eight anenrlments dated Deceuber 30, 1981, June 15, rg83, Augnrst 24, r9g3, septeuber 3o, 1gg3 , Hovelnber 13 , lg8s, october g
, rg8 E, June zz , lggg and r{ay 22 ,
1991 (the orlglnal onner Partl.ctpatlon and Developnent f,greeuent, aE so auended, shall be referred to herel.n aB the iErlstlng OPAi); and
I{IlEREf,s' ctty, tgency and Deveroper deelre rurther to auend and eoupletely restate the Exlstlng opA to ttre end that this auendnent and restateuent shall coupletely Eupersede and repraee the Existing opt ( ineluding arl auendnente) ;
NOI{, THEREFoRE,
covenants and agrree4enta
agree as followe:
ln conslderatLon
hereln contalned,
of the uutual
the partlea herato
ARrrCtE I
DEFTHTTToEE
For the Purposes of thrs agreetrent,
uill have the followlng deflnltions:
the follorlng vorda
r.1 trldvancer shall trean r 10an to the Agency to b€ repald ln accordance utttr the appllcabre provl,eLone of t'a Redevel0proent r,ar and rn accordance urth thre a*lreeEent 1 ' 2 ilAgencyr sharl Dean the Redeveropuent rgency of the clty of South San fancl.aco. ---F--'
1.3 trAssessuent Dletrlctr shall Ecan the Gateuay Assessuent Dlstrtct ST_g2_2. l. { nClty" ehall Eean
a Hunlcipal corporatl,on.
the Ctty of Souilr San fanclsco
1'5 trcontrrbutr.onf, shalr Dean a palment to or for the benefit of the Agency or the proJect vrth no correspondrng obllgatlon of repalaent. 1 ' 6 trDeveroperr or rHouarti shall Eean Eouart
Deveropnent co', t Derarare coqporatlon, and lte auccessorE and Its grantees rrth raapect to any portton of the property. 1' 7 ' nDebt to Hoaarti shall Dean trre auount set fortlr 2.1, belng ure EuE of Advancee for rrhleh Houartr rr ls entltled to repalrEent frou the Agency. ln Sectlon
Developer,
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1. I iloyeter polnt separatl,onn shalt Eean r propoaed
grade separatlon at oyeter PoLnt Bourevard and the southern Pactflc tracks, together ulth rerated lreeuay accesr and etreet tuproveuente lncludrng, urthout rrnr.tatron, thc freeuay overcroEEing, curb8, gutters, blcycle ranes, sldeualke, landscapJ,ng, elgns and slgnals, land aegrrlsltlona, utlllty and atora draln relocatlona, envlronEental asEessnente and reporte, archltecture and englneerlng.
1. 9 trplani shart Dean ttre f lnar redevelopnent .pran adopted by the Agency for the Gateray Redevelopuent proJect tn accordance vltlr tha provlel.one of the Redevelopuent Lau. 1'lo trProJect, lreail shall Eean the area rlthln the ctty of south san ranclseo uhlch Ls subJect to and descrlbed ln the Plan.
1.11nProperty'shaIltreanthateertal'nrealproperty
Eore partlcurarry descrl'bed ln Exhlbtt t hereto and shorrn on the naP attached as Exhlbtt A-l hereto, whlch uaar rt ttre tlne of the execution of the Ercisting oPA, owned by Developer, together wlth other parcers withln the ProJect Area which uere subsequently acgrired by Developer.
(a) itffected propertyr sharl Dean the property
descrLbed ln
i::t.
t-2.
(bl rHouart property" ehalr Dean the property
descrlbed ln Exhtbtt A-3.
1- 12 trRedevelopuent r,avi shalt Dean the coununlty
R'edevelopnent Lar set forth tn Part r (couuenclng ultlr sectlon -3-
31000) of Dlvlsron 24 0f the Hearth and of CalLfornla.
Safety Code of the Statr
1. 1I nspeclflc planr ehall
Plan Dlstrlct (Chapter ZO.S? of the
code), aa aroended frou tr.ue to ttne.
1 ' 14 frTax rncrenentr shalr Dean that portl0n of tax revenues frou the ProJect Area r*hlch ar€ avartable to ure tgency for the' repal'Fnt of roans, Advancea and indebt"an."" ;; ; other Purllo'es of the AgencT ln aceordanes uith Sectlon ;" provleronr of 336?0(b) of the Redevelopuent Lau.
1.15 ilTax Increuent Bondsr shall Eean bonde, notel, interiu certLf l'cates, debenturee and ourer obrlgatlons issued by ttre Agency pursuant to Artlele v (couuenclng ulth sectron 3361o1 , of the Redevelopuent Lau.
ARTICI.,E ff
. The
Hundred Hinety Dorlars ($rarosgrBgo). Thr.e anount rncludee arl lnterest to the 3l't day of october 1992. FroE and atter tse 31st day of october, 1ggz, the Debt to Houart sharr bear r,ntereet at the rate of.O2l6t p€r day. 2 -2 sFcurrtr. The oblrgatlon to repay the Debt to Honart shall be eectted by r flret pledge of the Eax rnereuent, lncludlng the proeeede of Tax rncreuent Bonde, and arl Tax rncrenent frou the ProJect Area Le hereby allocated to the -{-
Eean the Gateway Speclflc
Seuttr San fanelEco Hunlclprl
prlnclpal and l.nterest upon the Debt to Houart rrnttl
furt thereof. Tax rncreuent eharl ba lpplled eorcry
to the payuent of such prlnclpal and tntereet, except that Agency shall allocate twenty percent (20t) of Tax rncreaent to the rpr and lloderate rncoue HouElng Hrnd trhtch haa been created by the Agency ln the tranner prescrlbed ln sectLona 3333{.2 and 3333{.3 of the Healttl and satety code of the state of callfornLa and sharr nake such other alrocatLons frou Tax rncreuent aa tray b€ requJ'red by apprlcabre state rar. The Tax rncreuent frou tlre ProJect after sueh regulred allocatlons shall bG referred to hereLn aE rHet Tax Increuentr.
2.2.1 Ehe aforesald predge and arlocatlon of
Net Tax rncrenent le for tlre exeruslve beneflt of Houart for the, rePaYDent of the Debt to Houart, and shall b€ irevocabre rurtil the Debt to Houart has been pald ln furr.
2.2.2 lgency agreee that lrou and after ttre
for any purlrosee
paynent
palment
date hereof, Net Tax rncreuent sharl not be ueed
other than the repaynent of the Debt to Houart.
of
1n
2.3 . On JanuarT l and
July I of each year, cotrDenclng Januarl 1, 1gg3 and contl.nulng untl'l the Debt to Honart has been pald ln tull, Het Tax rncreuent shall be pald to Houart and ehall be applled flrst to lntereat accrrred and unpatd and tlrereafter to the prlnc!,pal anount of g1rs Debt to Houart. Agency agree8 that tt ehall uBG lte b,egt efforte to sell Tax Increnent Bonds ln an anount sufflelent to repay all of the Debt to Houart on or before october 31, lggz.
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2. { Release of SecurLtv. Upon the palment ln tull ot
of Sectlone Z.Z and 4.3 shall the Debt to Holoart, the provl.slona b€ nuII and voLd.
TRTICLE III
DErrEIEPlrElrT OF PROPE'RilI
3.1 Permltted Uses. PeruLtted UEee rlthln the prolect
Area shall be aE set forth ln tlre speelflc pran.
3.2 Densttles - lff-eqled Propqrty. The per:rultted .
densLtLes on the Affected Property shatl b€ as eet forth on E:&lbtt B hereto, s&Ject to the follovlng:
3.2.1 I{lthout the approval of t}re tEency no
noro than one hundred forty thousand ( 1{ O, 000} Eqluars feet of research and dEvelopuent uaee uay ba developed rtttrln that portJ.on of the Affected Property descrlbed ar Zone IV ln;hc Specific Plan. AE a part of the preclse plan approval for sutrh entltleuent uithln zone rv, lgency wiII lnpose I speclal condition that the lnltlal use of such researctr and developuent facility be linited to a slngle orrner or lessee user.
3.2.2 SubJect to the provislons of ttre
Speclflc Pfan, Developer shall be entitled to_ develop up to an addltlonal tro hundred thousand (2oorooo) sguare feet of retaLl EPace ( tn addltlon to that "*a forth on E&tbtt Bl to atrcol;odate a destl.natl.on retal.I user. pEovlded that there shatl bc a correlative reductlon hereunder ln the denslty of other usea ulthl,n ttre Affected Property, to the extent necesEarT to avoid a elgniflcant Lncrease ln the peak-hour trlp count frou the -6-
tlfected Property over that whtch yat antl,ctpated at the tlnc that the envl.ronnental lupact report for thg proJect ral certLfled.
3.3 Archltectural gomrnlttec. UnIeaE ualved ln rrttlrq
by the Executlva Dl,rector of the Agency, all appllcants for approval of a Precl'se PIan wlthln the Property pursuant to tlrr Speclflc PIan, shall subnlt evl,dence that ure proposed l.rnproveruent has been approved by the trchltectural Control Couulttee created under and pursuant to the Declaratlon of Gatetray Center recorded Deceuber 31, 19s1 (Ho. 223g2-f,8) I ar auended.
3.3.1 f,ll appllcatl.onc uads to tlrr Agency for
Precl,se PIan approval ulttrln ttre Property shall b€ refer,1.ed to the Destgn Revlet Board of the Ctty for revleu and advl.ce to thr Agency- Developer t{tll cornply wlth procedurea establlshed by tlrc Design Reviev Board for the subrul.seion of plans and other docurnents necessary for its revieu of the Developerre
appl Lcatl.on.
3 . a rnsuraFee. Agency Eay reguirc, aE a condltlon to
Preclse PIan Approval for the developuent of any 1ot or parcel, tlrat the developer o! guch lot or parcel fgrnlah or Gauac to bc furnLshed to the tgency dupllcate orlgtnels or rpproprlats certl'flcatee of l,neurance poltcles for ths folloulnE coveraEe3s 3 .l . 1 couuerel.ar Generar and tutouobtrcl
Hot ress than Flve Hundred Thousand Dorrare ($5oor 000l for injurles lncludlng but not liruited to death to any one peraon and -l-
subJect to the Bal[E rlutt for each p€reon; not reee than onr l{1111on Dorrara ( $ r, ooo
, ooo ) coublned eJ,ngrc ltatt psr oceur=snc.
for bodrly tnJuryr p€raonar injury or property dauagei and not less than Flve Hundred Thousand DoIIars ($SoOr00o) autouobtlr coveraEe, coublned slngle llntt, ln eaeh case nanJ.nE tha tgency and the ctty aE addttlonar lnsureds. such Lnsurance shall also provlde that the lnsurancs atforded thereunder shall b€ prharl aE to any other Lnstrrance or rel,nsurance eoverlng or ava!.le.bp to. the clty of south san ranclBco and ttrat such lnsurance and relnsurance ehalr not be regulred to contrlbute to any llabtllty or loss untLl and turless the approxluate llult of ltabtltty tf,forded by Deveroper I c I'nsurance le exlraueted and that guch policles tray not be canceled rlttrout at least ten (10) dayel prior rrrl'tten notLce to the Agency and the ctty. . The Agency IEay reguire that such lnsuranc€ b€ nalntalned untll the iuproveuents approved for developuent Ln the precl,se plan have been substantlally conpleted.
3 . { . 2 r{orhers coupensatl,on and hproyetrr !
Ltabiltty rnsurance: statutory coverag€.
ARTICLE TV
rroHprscRrHrHATrIN
{.1
. Developer shall
' ref ral'n frou reetrlctlng ttre rental, sale or leasa of thr Property or parcele on the basl.e of sex, racr, color, retlgloDr ancestry or national orlgln of any person. All euch deede or -8-
reaeee sharl contaln or b€ BubJ eet to substantlally ttrr f olloulng nondLscrlul,nation or non8egregatl,on claueea l
{.1.1 rn deeds: trThe grantee hereln covenants
by and for hlneelf or herself, hle or her helra, executors, adnlnletratore and aa.lgns, and arl perEona clalulnE under or through theu, that there sharl be no dlscrlnlnatlon agalnst, or segregatlon o!, any person or group of perEons 0n aecount of race, color, creed, rarlElon, rex, uar.!.tal gtatur, natlonal r orlgin or ancestrT ln the eare, lease, subreaee, tranefer, u8r, ocsupancy' tenure or enJoYuent of the preuiees herel,n eonveyed, nor sharl the grrantee, or any per'on cralnlng under or throuEh hlu or her' estabrleh or pemit any suclr practlce or practrc€a of dl'scrlnlnatlon or Eegregatlon rlth referencs to the eerectJ,on, locatJ'on, nunber, use or occupancy of tenantr, resseea, subtenants, sublessee' or vendeee in the preuiser herel,n conveyed' The foregolng covenant Ehalr run ulth the rand. r {.1.2 rn. lqas.es: iThe leseee herel,n covenanta
by and for hluserf or herserf, hrs or her herrs, executore, aduinlstrators and asslgns, and all persons eralulng under or through hlu or her, and thls rease ts nade and eecepted upon and subject to the follorlng condltions:
Ehat there sharr bc no drecrrnrnatron
agalnstr oE segregatlon of, any perEon
otr group of perBona on rccount of racG,
color, creed, rellElon, BGrr uarl,tal
Etatus, natl0nal 0rlgln or ancestrl rn
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ths leaslng, subleaetngr traneferrlnE,
uas, occupancy, tenure or enJoyuent of
the prenisee hereln leaeed, nor ehall
the leseeer or any peraon elatulng under
or through hlu or her, eetabHsh otr
pemJ.t any Euch pract,Lce or practlcer of
dlserlulnatlon or regregatLon ulth
reference to the selectJ.on, Iocatlon,
nulber, use or ocsupancry of tenantr,
lessees, subtenantg, sublesaees or
vendeee ln the preu!.ses hereLn leaeed.
ARTITT,E V
5.1 . The part!.ee
acknotrredge that the Assessuent Dletrlct presently horde fundr derived fron the sale of 1915 Act bonds, plue accrped Lnterest on sald Proceeds, ln the auount of approxluately Four lrtrl1on onr Ilundred Ftfty Thousand Dollars ( $t , 1S0, oog) ( iDlstrlct Fgnder| .
The parties agree that .frou and after the date hereof the Dlstrlct Frrnds shall be used for the follorlnE purpoge3!
5.f.1 rnstallatlon of traffl.c slgrnars alongr
Gatetray Boulevard at locatLon8 detemlned by ttre clty, lncludlrrg eubEtructures, uires, contrors and appurtenanceE.
5.1.2 The l.netallation of addttlonal
Iandscaplng fulproveuents along Gateuay Boulevard, the uedl,ans therein and the southern portion of oyster polnt Boulevard, -1O-
lncludlng al l regulred f tll, eoll aaendnentg r traer, ehnrbt, ground cover, l'rrLgatlon systeua, controrg and appu:tenances. 5-1.3 The lnproveuent of r Eeu.r putrp statlon
and related BeH€r couponents.
s-r.{ palment, utthtn 30 days altsr the
executlon of thls Agreeuent, to Deveroper ln the anount of Tr*o Eundred Flfteen Thousand Dollars ($ZfSrO0O) on account of tt.s clain agalnst tlre Assessuent Dr.striet.
5. 1. 5 Ttre barance of the Dretrrct hrnda (the royste-r Polnt n'rndsr) tovard ttre constructr.on of the oyeter polnt separation ProJect, I'ncludlng r iE neeessltated by thc flnal approvar planer addrtron of regur.red frrr, brer, pavenent, rerocation of exlstlng utlllty faclrltlee and all other conforning work and apprrrtenancee.
ctty sharr take such actlon as ,oay b€ requlred to auend the engineer I s report to lnclude the addltlonal prrbrlc irnproveuents and to othemLse authorlze and dlrect the Dletrlct, to conpry rith the foregoing provlsions Ln order that the oyster Polnt Ftrnds tray be released luuedlately for the conetructl,on of the oyster polnt Separatlon.
5.2 . Hith respect to all
property ulthln the ProJect Area except thi Horart property, Develop€r or tte auccessors shalr contrlbute to urs coet of tlre constructr.on of the oyster point separatr.on, rt a rata tn accordance ulth the oyster Point contrlbutlon forruure set fortlr in Exhtbtt c. Hith respect to the Houart property, no
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contrlbutlon totrard tha coat of the cost of conatructlon o! thr oyster Polnt Separatlon shall b€ requJ,red untll and turlees bulldlng perulte have been grranted for conetrlrctlon of luprovenente shlch rlII result ln an AlHt, deflned be1ou, o! Eorg tlran 161136 ln accordance ultb the oyaterr polnt contrl,butl,on fotmula set fortlr ln E:fitbtt c hereto. nlrthernor6, lgency agrees that aE aoon aa funds have been ralsed by ttre Ctty in an auount sufflctent to neet the local share of tlre coet of ths oyster Point separatlonr Do contrlbutlon shall bc due on account of developnent of tlre llouart property. tgencf and ctty acknowledge and agree that the letttng of ths flrat conetnrctl,on contract for the constructlon of ttre Oyster Polnt Separatlon, or any portion thereof , shatl bG concluslve evl,denee tlrat the 1ocal ehare of the coet of the oyeter Polnt Separatlon hae been raieed.
5.2.1 If a Contrlbutlon lg due ln accordancl
rlth sectLon 5.2 above, Deveroper sharr pay Developerre Contributton for the coEt of constructl.on of the Oyster polnt Separation in cash prlor to the iseuance of a bulldtng penlt lor any bultdlng Yithin the ProJect Area uhlch generatee **.ia"y AveraEe Dally rlps (Aut) , based upon the AuI for ure bulldlnE for vhlch the peruit ls to P. Lssued. NotrluretandlnE, Developer Day, lt lte oun e1ect1on, aecure lte obllgatlon to pay tlre Oyeter PoLnt contrl.butlon by poetlng rlth the ctty an uncondltlonal letter of credlt draun only upon fl,nanctally sound fLnanclal lnetltutLona ln the anount of aII of Developerre caah
contrLbution then due and unpaid. Upon such a poetlng, Developer -'l ?- L3
sharr have uet ths prereqluleltes for thg leguance of a buirdlng pemlt' Thereafter, Developer sharl, upon a reguest for tundr pureuant to sectlon 5'2 abover pay lts cash contrlbutlon lnto thr oyeter Polnt separatlon n.',d wlthtn thrrty (30) days of eard regueet.
5.2.2 rn the event that ctty colrecta
Deveroper I s contr{butlon pursuant to t}rls eectlon 5.2 and t}rr oyster Polnt separatton ie not phyElcally under eonetnrctlon prlor to Deceuber 31, 1993, cl,ty shall refrrnd atl contr.tbutrons uade by Deveroper ln cashr plus l.nterest, tf any, earned thereon.
Refunds due under thls sectron and seetlon E.a.s beror shall only be uade frou funde corlected frou Deveroper and othere and placed I'n trre oyster pornt separatron nlnd, defJ.ned beror, and nerttrer the ctty nor the Agency shall have any general obltEatlon or llabtltty wlth respect to such refunde uhateo€v.Er
5.2 - 3 Arr cash and letters of credlt sharl b€ held by the clty tn a spectal fund (the *oyeter polnt separatlon nrndtr) ' Begregated frou all generar funds of tlre clty, *hlch shalr be I'rrevocably earDarked for the cost o! conetrruction ol the oyster Polnt separationr !s herel.n deflned, and for no other PurPose or purPoseE rhateoever unrees and untll the repa,Eent provLslons of section 5.2.e of thls agreenent ara lupleuented.
Alr I'nterest earned on cash uithln the fund ahall b€ credl,ted to the fund.
5.2. { Clty agrees
pursuant to thts seetlon 5.2 upon all
to uake any reguest for caeh
developerE rho are regrrired
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to contrlbute to the oyster Polnt separatlon. such requeata ehall be uade uPon each developer ln an auount eggrl to thr rqount that sald developer I s proportlonate share of thr total cost of the oyster Polnt separatlon beare to ure total reqrreet ttren belng uade. Hevertheless, clty shall not b€ reqrrlred to successfully collect sald contrLbutlons, and Developerre obltgatlon under thle sectlon 5.2 to pay lts contrlbutlon in r tlnely fashlon ehall not b€ affeeted by fallure of the clty to collect the contrlbutl,ona of other developers.
5.2 .5 lny funde collected ry the Ctty l,n caeh
frou DeveloPer or other developera ln exeeas of those needed for the cost of the oyster Pol.nt separatlon shall be refunded to tlrc Develop€r ln the satre proportlon that the Aur of $rs Lnproveaentr for vhich a contrl'butlon haa been uade beare to Ure total fuf uPon whtch the total contrlbutlona by aII developerr to tlrr oYster Polnt separatLon project uere based.
5.2.6 Deveroper I s obrigatlons hereunder ehall
be covenants runnLng rith the land and shall be blndlng upon Developerrs grantees, provided houever, Do such grantee shall b€ liable for any contrlbution other than that attrlbutable to ura Parce1 ovned by sueh Erantee. This Agreeuent eha11 not b€ deeued to have enlarged or dlulnlshed the obllgatlon of any euch grrantec to contrlbute to the cost of the oyster Polnt separatlon a! euch obllgatlon exleted under the terus of the g1rletlnE OpA prlor to the effective date hereof.
-1{-
5. 3 No FJ$rtheF trees or eqntrlbut{ one. E:(c6pt at
speclflcally provlded hereln, no lurther fees or contrlbuttonr Eay be levled upon Developer or any ouner glthln thc proJect lrea vlth respect to the cost of the cyster polnt SeparatJ.on, or any part thereof, of, ulth respect to trafflc ultlgatlon at the oyster rolnt/southern Paclf ic/Highway 1o1 lntersectlons aE reqrrJ.red by the density approved hereunder or already under conet4rctlon or ln place. No further constructLon, payEent of feee or
contrlbutlon or the tlke ulth respect to the Oyeter polnt Separatlon, oE any Part thereof, shall b€ requtred of Developer or any owner of any portlon of the Property ra a condltLon to or ln connectlon wlth the issuance or approval o! any subd1vlelon Eap, parcel Dap, precl.se plan, bulldlng permlt, occupancu pernlt or. any other petmltr aPProval or authorlzatlon vhateoever. }RTICLE VI
DIrSCELLI.ltEous
6.1 Hotlees. A notlce or other courunlcatlon frou
either party to the other shall be sufflclently Elven or delLvered when received. Atl notLces shall bc eent by reglstered or certlfled uall, postage prepald, return recetpt requegtedr oE dellvered personally and
(1) ln the case of Deveroperr rB addreaeed to or
dellvered perBonally to the Developer at:
Houart Developuent Co.
651 Gatetray Boulevard, SuLte 830 South S,an EanclEco, CA 9{OgO Attentlon: Vice presldent -'l R-
ulgh a copy to: llolaEt Dev.lopDant Co.
?000 Blrch Stieet, Sult. 92Oo Neqrort Be.ch, Cl'92640 Attcntlon: Reglonal Counsll ulth a colry to: I:lr:r,- Ehnan, Thltr & uctulltr. 333 Bulh Stre.t San FraDcLsco, Cl 9a 1Oa-2828 Ar,t.ntton! WUlta! R. facI.!, (Il) in thc casc o! Agenclr, ag addresaed to oa
dellvered personall,y to urs AEenq, .t!
aOO Crand Av€nu.
louth lan Franclaco, Ca. 9aO8O. Attentlon! brccutlirr Dfrae;; dGuver€d ,"".#lii 13 Ei:'"iL"ltI' "' addrcased to or
400 Crand AvsDu. Souut San Eanclaco, Ct. gaOAO Attcntl.onr clty UairaE-i - ---- or at such otbcr addresa ulth rcElrect to .lth.a auc! party ar ' that party DAy lron tlue to tlD. d.rlgmat. tn rrltlng and lotrard to thG othcr a3 provldcd in thls paragraph. I
5.2 prlvate prolcct. ttra redevclopuetrt of tha
Property pua3uant to thle aEr€elent lr a pr!,vatr proJ cct rtrd th.
Deverot'er shalr hrv. furr poesr ovGr and erclucrvc contror ot Ghc Prop€rty, subrcct only to thc lrnltatrons and obrlgrtrons of tb.
Developea under thle .grsclent and th. plan and all appllcablt lara and codor ln cxletencc rt th. tlnc thti agrcercnt lt e:cecutcd.
. 6.3 Succeseorr and AsgLqns. Etrb agrrcclcnt ahall
Lnure to the ben.flt o! and bc btndtng upon thc parttcr herctor theLr respectlve granteetr. hetrs, auccessort or arclgmr lroD tha -15-
l.
data of ltr exEcut,lon. Hotrlthetandtngr rny Eucc€edtnE ornbr of less than all of tlre Property shall only be obllgated under thlr agreelBent as to the lot or parcel omed by such succe5gor.
6.{ Fortqage Protectlon. The provlelone o! thlr
agrreetrent do not llnlt the rtght of obltgeee to foreclogs or othemise enf orce any uortgag€ r deed of tnret or other encunbranee upon the Property, or the rlght of obltgees to purguc any reuedy for the enforcenent of any pledge or llen upon tha , Property; provJ.ded, houeYer, that ln tlre event of a foreclosure sale under any such uortgage, deed of truet or other llen or encumbrance or a sale pursuant to any porrer of eale contaLned ln any euch uortgage or deed of truet, the purchaser or purchaaeru and thelr successors and asslgna tn the Propprty shall be and shall contl.nue to b€ subJect to arr of the condltlone, restrlctions and covenants herel,n provlded for.
5.5 rntesratloD. Thl,E agrreeuent ref lects the entlre
agreetrent and understandlng of the partles vlth respect to Ura subJect natter hereof, and aupersedes all negotlationg or prevJ.ous agreeDents, LncrudlnE ttre Erlstlng op1 (and all auendnente), uhether rrltten or verbal, and no auendnent, nodlflcatLon or supplenent to ttrle agreenent ehall be btndlnE uPon the anY PartY hereto unlesa euch auendnent, uodlflcatlon or euppleuent le ln rrrltlng and slgned by tha party to bs charged.
6.6 Confr lct of, ,rra"rr"a. Ho ueuher, offtclal or
enployee of tlre lgency or ctty ehall have an pereonal Lntereet, dLrect or lndlrect, ln thle agreeuent, nor shall any euch ueuber, -17-
off lclal or euployee partlclpate tn rny decLelon rslatlng to ttrr agreeEent uhlch attects hls pereonal tnterest or the Lnterest of any corPoratlon, partnerehlp or associatlon ln uhlch tt ir dlrectly or lndtrectly lnterested. Developer warrants that tt has not pald or glven and wlll not pay or glve any ttrtrd party any Eoney or other conslderatlon for obtainlng thte agreetrent. 6 . ? Honll,abt l ltv pf Ageney aqd clty of f I q,ta re qrrd Enuloveee. t{o.ueuber, offlclal or euployee of the }gency or clty. shall be personally llable to the Developer or any Eucee=Eor l.n Lnterest in the event of any default or breach by the Agencry or for any arnount whlch Eay becoue due to the Developer or Eucces'or or on any obllgatlons under the terue of thlg agreetrent. 6-8 Aopllcilbre Law. ThLs agreeuent sharr b€ governed
by and lnterpreted under the laws of the state of, callfornl.e. 6 . I trhtbtts. The f,olrovlng extrlblte are attached
hereto and Lneorporated herel.n by reference 3
E&lblt I -
Exhtbtt A-1 -
Exhtbtt A-2 -
Exhlbtt A-3 -
Fi&tbtt B -
Exhtblt C -
Property
l{ap
Affected Property
Houart Property Perultted Densltl.es- Affected Property Oyster Polnt Contrlbution Formula
- 18-
rH I{TTHESS
thle agreetrent aa of
IEIEREOF, the partlea herato
the day and yetr flrst above
havs executed
vrltten.
CY OF THE
ISCO
crrt
ATTEST:
--
REDEYEIO
oF solsx sA}{
H
-19-
EFTEt-( l.t D
ETHIEIT;
TlI.1:'lil'H ;:H'i:T'i.i.,t?1'r'.',1 orffi:ii
ptl on or'"hr proiect ar* rnd
Al l thtt certr{n rltl Properly-siturtr in th! clty of souur srn Francl scor countv of srn . llateo, slatr or cir iiornr il j.l.lr u.a rr for I o*r: r - EEGIIIHIHG rt thr most rcsterly.conlcr of thr Irnds. descrlbed_ to th! c I tv of south sr! Fii,iir ln ths derd il;' rccordii-ri-iioor-Eooi 'Ii. or san t{rtco-co$iy*tt-Ft-o;-dii;-in.nq. orqrcr rr iicorrr ar-m-l'rii-poiii-oi.luronllg ilons tha nor-tlrttstrrly ilnc oi-irii-i.#!-i*i i-uigcni ttrrt-rcrn I Bgr s7, 44r E rlonE thc rr= ot'r curryc !_o-tr,c ilft.i,llini T..rfiiui-oi ii.so fect and l central angh sf 60' 27i 0o';; ift orstanEr Ir a6.go frcti Thence Hngtnt to thc Preceedlng currr fi 30. 3sf rE. E 4s6.zg fecti Thence tangent to thG prgcecdlno c6nF.. rla* .L- ^, !f,!ns i-i:iaiur ;f -bss.l!'i*l':.xTT:,1llTr.lxi..l| !l,.oilT!..lnrll.,,nn.
Thence t{ 87t l7t z6t E l8.ll fect t0 the most H€rterru FaFi-- tt.,..^. r!. shown on -ir'rt ceiirri' *p Ho. I -8. r*srred -enutied-.$utl;-lin-FifiilI9:'il:Llllf.rllfilrr. I n Book-6I";i llrii, rt -Figii--r, to e, -iln-iLt.o
County Rrcorrs i
1il5:ri1'lt]l}ilil'fi:'il:'rl'r.xil'il illo. rlnds rru r Hnsent tE! bcrrr rect ana r-.ent'ii-Iigii oi os; 'zi,'s8i-rn-.#-ol3li.['llr,!.#iii.lt'ido]00''
Thence tt 30. 35' 4l ' E 3lZ.lZ fectl
Thencr H 44. 10, I0. E I I gg. &t feeti
Thence t{ 5l r I 4' l 6' E 86I'53 -fect described in thc decd-to piiirii-ioist to t!c. mort easterry cornGr of th. r rnds sirei-c*n.ny rrcorred 0fflcial Records oi-5ri-t{rtro county rn Book Ez of rt prgr 5i Thence rlong-thc ar'c of !-cut-vt lnd t centrrl rnglc of to thc left hrv{ng r-raduls of 6{5.00 fert lO'-ii;-ri; in rnc dlstancr of ll{.gg f*ti Thencr tangent to thc p'ccecdlng currr il ss. 0r, lrf E ers.{3 fcctr Thcncr rlong-Urc art of r cutrG
ano r central rnglc of Z{o 49,
rlg!! hrvlng q rrdlus of 655.00 fr:t rrr dl staner -of
em. 8i lecti
to thc
58' an
EXIII BIT A Paqe I of 4
Thence il g7' {3, ZZ. t{ I7e.0C fecti
Thencc S 89. l4' 38, H ZS.SI ferti
.
Thence S SSr ?2, C6. ,J 447. j6 f eet I
Th€nce tangent to thr
Fiii . iJiii* T
"lE,
:ii' i::l nlnl o.u
T :, illT', Ili.' IF ll., o iyT8. .1,,I,.
Thence tangent to the prrececdl nE curvG s g7. I 5 ' 03. tJ el 5. g0 fect Thencr S gI' i Z?, Zg. t{ 3{6.05 fcrti Thence t{ 0?. .3g, 04. lJ 300.06 frcti
Thencr S gg. 'l4, 24. tJ {l T.6l futi
Thence S ge. 3I' Zi, l{ 36g. 13 feeti
Thencr S gg' I 4 , 26. l{ 4gI . Sl fect I
Thence S 3g. 42, 4l . lJ 316 . 56 t ecr i
_
Thence t{ gZ. e3, 46. E 26.63 fe*i ;
:
Thence S 3g. 42, 41. l{ S0.Zg ferti
,tencr S 3g' eg, 4g. t{ l03.gg frct;
;Ii":"lllH,'fi,ir,rd.lil}li :i'.l:'r,Iill:: ir'rllli rllrl;'8 sourheasterty rect t tia -oi' riaurift .i.rri ; rl ghr
dl strncr
il:ui i:lffiiJ'iilii:lr, iifo,ffi:':::::rrr,, r:..r3::-F:-4,. Dr7 ooct conpanv'..o.oeo r{ rzso.'E *c, ri"ioi*'"I3zzo';F'l};f.ll, tfi.ffi ikt1fr'iil1,' rt P.gr I7i Thenca alonq !l'c boundrry of lrst srrd rrnds fru r rrr,..+ rr aL.^ rH;;.1i'li,fF,i*I;; i, tilit ;li:,jflt [fr,;il:li1rfi ;ts. E;Tfit'tro ffili. tqfll, T,'l;olEE'illl'lJ',r':Jl:ri lli, rT,,[f ir*i, F.rniJ'r?r*n..
E:(HIBIT A - Page Z of 4
ihenct :angenE :o the preceeoi ng curtrc S Jg. 4e, 4l .
Thencr S 38. 00, Ig' l{ 324.87 fecr;
Thencc S 30. ?2, C7. ,J 34 ,0Z feet i
lJ 935.00 feer;
th! or-reeedlng.cour.st
I 7. sE rlong thr tre of r feet ma |
-iiitii
fert I rns I c of t t 9. ro trrc northeiry-iln. of Erst Grrnd .FTIEIiil,ill" satd northerly ltnr s BE. s7r 44. E
Thence
POIHT
ihencc.tangcnt to thc preceeding currr s 3g. 4e,
:-trencr tAngtnt iO ntylng I radlus of
dl stancc of 36. S2 ,i?Ti"l,*.rert
AVenuc i
1582.4I fert tg thr
Contai nl ng I I 3 . 3I acnrs r EF! or J ess.
AIID
iliirl'fl li'l{:iirylqil^Iiq:I it!ff,Il $.:lfiloT,*'s $ F*nc,'!e, 3H H Io ::' il i { iir: i : ru1 t i- ii'H iii- HilT. ffi ffi ff ,lilYiiiiiT*. "' l,Trll}}'*li. I ii -niceiilo'i ;;d; fiil#lnli' L"f. ;iiii ;-.tf *i,*l.lfiii'r n BEGIT{!{II{G rt th! northerlv cemer of thc-tands q,*$trd.rf .ttl decd al ,nron Itun t{orks '0r7 ooct''d.ll recordid ii-sili;-ioia ;i'#.iriirr Recor{s or srn I?'i:=*lH l:'li;;Hi*ffiniTfr.i.ll,[lg.,tl E?'tTr,fl ll*i 51:-Fundr,7 irs,ili lE.T l$.oliU*J;i;#E:rit ::lt'r'rl. rnc i,..j.lli"i,$: iF.Ii,, Hiiff. tliflh T,Ho:tET:llTJ,,r"illH? lli, rT,,l/ fir!,r'.fl:,.I !fl,.no 4l' l{ 935.00 fecti Thencr S 3g! 00, lg.
Thencr S JOr ?Zt 07.
H 32l. SI feet;
ll 34.0e fecti
Ii'ili#HL'ilit'3ffit.i*i i;;#iT'ii;
are_ gf r cutrG to 9f llg" 19, Si. ur Avenuci
tlrc lcft
rrc dlrtrncr
Thence restel]I rlong..srf g northcrly I lnc ers terly boundira of -uri -i.iiii Ti' i'outhern
t{ 88e 57
Prci ' 4{r I I 17. 57 frct to ilrr flc TrrnsportHon Croeny: C+rprnyi UI ]Hffi:.UH;l'L'lffl.i'll,;l'ffllll$ * 38' 42,4r. E 33e..4s rect to urr sourherty .ltnr tr or,si.i-ioril-ffiiil;i; ihcocc clstcrry rrong s-rrd souticrly ilnc il gg. northrttltrlJ, comtr of rr,-?1. E sa.lg frct to $r UrC lrnCr Shmn on Urit 'nciuuarvisi6n-oi"Eir:-irnJs oi-e.n."Efii.t 'i&ffF'll.Sillo"tfli.i$ltli; uf t{apt rt Prgc 29. Srn mtlo Counry ReiorOsiihcncr along thc rcsterly llnc of lrst srld lands s 3g. 42, 4lr ,/ 3z6.s6 fltti Thcncc tt Al. 23, 45r E 26.63 f!!ti
Itcncr S 38. 4Zr 41. f SO.2g fcrt8
Thcncr 5 38o 29r rlSr l{ l03.gg frct;
ltenca rlong ti. lrr of r.cgrrc to tha rlft hrvrng-r rrdrnr of ggo.$ ft.t rd i,i!"ll.l"iHll,l{ ffir,r, 2s. ra rr--ciiiurE'ii.ri.zi-iilt. b,iliTo,ifiJ.iiir,ry Thlnc! souuilrsterly rlo to thc pO,{T Or r*tOr*ll srld soudrc.stlrly llnc S 39. 42, {1. lt 1250.08 fcet contElnlng 3.77 rcrrs. mrc or lcrs.
t
a- l
,
a.
EXHIBIT A Paqe 4 of 4
IBItFl
t,
aE
tr
tr
z,
t-,-o
tr
(
t.. I I
FF, r.a
EEAZtrrq FS -l Eg IEItIEc
Eu(r
Etr
EO'E
r
l;i
a!
iitll l
il:l I I mFzEfo
?, o0
r.ilH
d
(
a R' v
ataIt IIII It(ot
EE
4, -l IL UJi I
ob i
lui :
Pt rtir J -
! ro
{ ,,,1
,t' l2
Irl
!F
d- U..a l.! ,J
f==I ouJTrIiioE
l.! EiEotr IOa
;f
iIt.
J-
-i EHil l.l I
EUI
:l't']
IilI
Nil
ltl -
-:l
[:!l
-?
'i!ita
ifr
-iEiE
tl
1 IIPECTED PBOPERET
All
Francl.Eco,
that certaln rear-property ln the clty of souur san county of sin ft"iJl, state of -barlfornla, deecrlbed aE folloue:
Lotg 1 and g
, aE deargnated on the _Trp entrtred, rFrilAL GATEI{Ay CENTER. lIAp . . r, of the Recorder rtrtgtr HaP Haa tf fEa-fn thr Off lce of the-coy11i, callfornl'a 9f si"-i"tll, srate of Pages 27, on october 1, 198i G i"iir"rii'ot t{apa at ZB, Zg and fO. --' Parcera entltled, 3X_ and 3c, a8 ggtlgnate{g1 ttrat certaln parcel r{ap 'ptRcEL Hrp ggrr6 oF r sugorvrsioH oF fgE IANDS
FR'il'HCIsco...r,
HOI'IART DEVEI.OP!{EI{T co. rH rtra ciri-oi--sourn srur Recorder of uhl.elr l{ap-$aB ifr"c-$ tir"-offlcg of t}re Callfornla the County bt san-ttateo. S6te of on Deeeubei ze, legr-fn-i";ilil of pareel l{aps at pagee 1? and 18.
Parcel B, ::__gTlEmated on the Ulp entltled, ;pARcEL 88-253rr BEIHG lnp t{O. l SIJBDIIIISfON oF Lff i Oi-tXff eERErfil trAp EHTTTLED rFrHlr., Hrp crrErfAy_gEtrER' (st 81 ?{) FILED IH TTIE OFFICE OF TITE NNCONOER Or T*E COUilTT OF sAH 3o', nATEo rH BOOX 10? oF r,fi,ps m iegus i;: 28, 2e and of vhlch t{ap naa flled fn ifre'otifEi oi'tt. Recorder
Hay
the county of san r{ateo, slite of carttornla on 24, le8s, ln Book 60 oi piicel-i.;;-;i pagee 66 and 67. rr Parcels B and^c,
-as deslgnated o_1_!he t{ap entltled, rptRcEL t'IAp r{o. 89-269, BErNG t iusuaorvrsrot{ or-rcrs 1. 5, 6 trND 7 OF TEAT CmTAIt{ t,IIp EHTITLED, CEHTERT ' FINAL I.&p GITE!{AI OF
(SA-81:?+) FILED IH THE Orircr or-frru REconDER THE COUNTT OF STT{ I{ATEO IH BOOX 10? OF I{APS rT PIGES of 21 , 29, 29 ald 30", uhich l{ap uas ftled-tn the offlce callfornla the Recorder of tlre county of sin-lriteo, state of on Deceuber lz, rigg ln Book 63 of parcer l{ape at Pagee 32 and 33.
EIEIBII l-2
Eia. F{ Et-l I
lrl
?l t,III
rrl
FranclBco,
ilrat certaln
County
raar-property ln the ctty of souttr san of sin ftai"l,, -iti[I fi-c.flfornia, deeerlbed aa folioug:
rpte l and 9, as deergmated on the_Ep_entrtrad, rFrtltrr cATEITAY cEr{TTR...r, lIAp of rhe Recorder gtrtgtr r{lp *,aa rrila-jn thc offrcc of -tlrc-e"y1!i; callfornLa on
or sin-xit"L, starc of,
Fagee 27, 28, oetober 1, rgei fi Efot"i6i'ot Hapa at Zg and fO.
Parcers entttred, 3rnPrRcEL, and 3c, aa g:$g"ated on that certarn parcer lrap l$P gurrlE OF i-susorvrsiox or rnB ralrDs
FR}}{crsco'
HO}TAITT DEITEIOPI,IEHE CO. IH TTIE CIII-Oi--SOUNT SIII . .
r,
Recorder of vhleh }tap ua' irr"a-fn ti.' offtcs of thc the corrnty 6r san-ttateo, - state o! callfornl'a on Deceubei eB, 19ga-in-i*;-;i of pareel Itaps at Pages 1? and 19.
Parcel B, *_-lTlgmated on the t{1p entltled, iptRcEL 88-253rr BEIttG HAp HO. urp
f, SUSUIvISIOII OF Io,S Z Oi-tnff CER*',, Emfrrr,ED f Frln! Hrp cer.rnrii iEIrOr- ti* 81 ?11 FILED slr{ IH TIIE OFFICE OF THE NTCONOUN Oi rrii COUHrt OF rdtrTEo ril BOON 10? oF uepi it pAcBs 3o', vhlctr 27 , 28, 29 and of r{ap raa ftrec 1tr th; otirEi oi'trr" Recorder the county- of san nateo, i[it" of callfornla on l{ay 24 , 1988, ln Book 60 oi parcel }taps at pagee 66 and 67. --_Fr 51 5e!rE.' 99 Parcele B a!!_ c, as l*:iglliJi__on_Irr: Hap enritted, rprRcEL r'IAp NO. 89-269, BErHC A iestrBDr\rlsroH or-rnm r, 5, 6 lt{D
CEHTER'
7 op TIIAT cEmArH HAp e}rriir.ED, , FrHtrJ tilp ctrErrtu (sA-8-r:Ir) rrtED IH rui orircs or nu RES1SRDE* oF TrrE sEulf,rt oF 3lr{ }fATEO rU AOOX 10? oi t{rps rr pAcEs of 2?r
ttre
28,
Recorder
29 and 30", rhrch Hi; sa" rri*a-in the offrce
CallfornLa of the count! of san-x"t*i, statr of on Deceuber_ 12, rias-f;-il";tr;i of parcrl l{ape at paEee 32 and 13.
ExcEPtrHc Tgf:l 2c, 16 rr.AtIDS dp_pigmated on ure lap enrltred 0r HOHARI, pinctrr !rAp-Ho. 91-2gg; goEtE stlr Intllqrsco, sArr ]rrrEo _counrr, crr.,rronfrii, =."orded Deceuber on 16, 1e91 ln volune'es tt pareir'Hiil-itEil" and 38 3? tlateo, State
ln tlre offlee of trre f,ecoraer of ths county of san of Callfornla.
EOITTRtr PA,OPEBET
EIEIBII l-3
E; ft. F{ EF{ H
tr
PERHTSIED DEH8IITE8
of f lce and of f lce/sales/senrlcC/ 1, 9I g, 000 rqurre Retalll/ f eet Hearth club 6orooo Equar€ feet
{0r000 Equars feet Reeearch and Deveropuent
2{ g, 000 EqlUarB Hotel f eet
sz6 rooua
ll rncrudrng 601 and 651 Gatevay 81vd. ({86, oo0 8g. ft. } . u rncludrng up to 2aro00 sqluare feet of restaurant u8e8.
EETTETT E
FH
t{trl-{ Ho
' L and Use
l.
' ' l{otrl
Beneral 0fftcr
Bultgit g.
. Researsh Centrr
Recreattonal Club
Dtnner Housr
Restaurant
Truck Terrninal
General Industrtrl
.'
l.tanuf acturtng
llarehous tng
aa
tt
Hotel
TI tp n, tlic, I o. t rots Soutre F,.
.
g.g5
- '.. 1I devoted. .4.s0'
.gl{lnrrlly contalns l0.t{ (pe: (100) roons or sultrs
restaurant on the surE .
'
Generr I .Dercl i nt ion
Frcillttes r.'lrere goods rre trrnlfrrred
between trucks .
-
tiucks and rrllroidr, .
or trucks rnd alrports.
Jfnigrt ysis rle prtntlng plantr, nraterial .S.t6
testing taboratories, rsieiblers'of aita- plFocesslng_ gQutpmentr and poHer rtattons ' . .
-uhich usually erilptpy less ttrrn S00 EBp- Ioyees rrq ln eirphisrs on uies-oltei-than . . - . nanufrcturlng: . :'
.
Prinary_actfv-lty, is.the converslon of l.gg natcrlals or parts tnto flntshed producti. a.
Plaee of lobgJlg.rrtrlch generally contalni r0. s0 one hundred [pc, ll00l or noic lodgihg roorffi or suttes and wtilch- could -lncludE ristiriiinL, . cocktall Iounges.'neefing roms. banqua[. :' r?$1, llrd other retrll ind rerilce jhops' ytthln ; the same buildlng.
Frcll lttes uhlch rre rl l or lrgely to storage of natertalg.
Placr of lodglng rrtrlch
less than one hundred
trhictr could tnclude r
prTlsES.
' 0ffiee bullging. houstng one- o.r Eore tenants 12.30 ind,rs the rocition-ntiri irri aliairir6i'i- 'bus{ness t trorrrnerclal or tndustrrri oigrntirHrin. professionrl person or. flril mr concuEiii-ino- -'
'relrted support seryicis.
Fac{l ltles. or .grlrrps .of frcll tilcs devoted E.r0 aearly Htrlyttiely-to rEsGrGh and daili;p- .nent actlvlties. .
Prlvatrly gnnEd tacilrt{es lncludlng tennlr ll.r0 courtr,_ sw{r'mtng poqlsr- rrcqurt brli coririi, handbrll iourts, rnd othrr dtnor gynnrsiti-' - faell lttrs. .
Eat{ng tstabl fshn}ents of hlgh qurl tty {n 56.30 lnterior furnlshings rnd fo6rt ritrtctr.-generrll5r .. hrve r customer turnovr ratr of onE-hour or longer und are not open Z{ hours' per dr.y. ; Lrnd Usa
lligh Turn-ov?r Resteurlnt ..-
at
Shopplng Denter
Generul Conraerclal
a
ta
Bants rnd _SavinEs
and Loln "
.)
Harina .
'
.a
' Slngh Frnlly Or*ei'tingi
Townhousrs
ta
, . rdgtlnlums and Apartnents ...
Use 1-r
0f f lcr
TT ADT Tril
- l.r!* prr 1000
Ertlng establ lshments *trrch gEnerrlly have r .r6{.{0 custuner turn-oyer rrte of-Iegs thin oni hour, tncludtng, bur noi.tii riio-tol-Ioiii, .. shops , crfeteriis rnd rrel iciiiisrnr.
t-lntegrated- group of cmerclal ert- .
. ' .
rblrshnents rthtch ls.pl{ng{, developed . .
owrteg, !nl_fa11ge{ ri'r Unili .
. Under S0r0C0 Gross Squrii Feet p5.g s0,000 Gross square Feet-ano-6rerter 'ii:i. .Estrbl lshments sontrlned yithln freestrnd- tns eqrmerctrl bundrnei iriiitiilr;i-;#it- Gsrmerctal bufldings. '- --r'rr. .. .ta Eontaln brnts or srvlngs and loan ' ..' '
fasll ities. -
public or. pr-ryrte n*rnr ntth srnte ' '
hlrtng. socirl rcHvtttes rct iOuilE . throughout the ueet. at
I 2.30
164. {0 .
5. {6
4. 5p
be 40g .ti{ps per
. 4g.00e)
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a
ll. oo
1l ' 3. 2/birtL ta
,.
ro. orllt r
.
'r.oriilt
E.o/iir*-
. ililfr:4*$i;!:;:!u:ri*{;ii$i,ll'[;ii]:[$iii1;;ii;Fiilii*i:i; ir'; d;.r!-*;';;u.lil::iliillf,l fil"l"'rur-"rrcr usii-iir-th;-il* s.ructre bc cagutcd rs l scparrtc use-ofttf,II-si.rifuri."-: shr ."-' r' L'rE ,r Ili,l!i!si!,13:r:l;:,wi;,lut1 *,H,tril:3:tl';i*r,ti'i":t#t$.La Averrge Trlp Ratr
1000 Sq. Ft. of
Cross Floor Arm
r Squrrc teet '
r--
Del lcatessen
Eenerrl Industrtal
tlarehous tng .
?,500 (rsil33;,2,s001
4,000
42,500 (30r000+l2rS00l
rDT
Trlp ' Ernerailon
--_
' 30 _?5_
15{. {0
. zl.gl i
' tgl.25 TETT
dry. . .
.'
t
t
- thls crse, the total trtp generatton tould
rset nert P,o{t
eauarr ,f r
, *r, --
- Gontributlonr shall be bared upon Herld.y Ayerloc Dallr.. l,t^ ,ar H,:iiiiir;ii*.i::r.i;.ffii;i!t"il,t;'i:iiiiii:!;.3';H.15'lnio?11.ffi:ti:J"' llotc: (cl lilr
,l:"' "r ill,$i!l*[i$riil::i!!fr'li!ri',ii::llii;siil
ffiffifiruffiffiffii*ffi!l usar_ crclwtvel, to trousr_rcilrpiEri'Iii,idftnij, Credt r : g;tftflifl6i.fri'iflIil$'i'iipiffjtl,'j;iiit'.
. :.$[.y:#iil;Ei.tropoiri
-fri- riilPt:8 ti:lil'liii ;;
2. Gontrlbution Fornula:
1l
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ADT x $tml
a
lnglneerlng Hi*rs Record. construcilon Gost Index '
For $rn Frugltco at d "'" r : Itnrount of r.Contr{buti
a
.a
a
Tethods of Prrrncnt:
. (a) 'tn eost crsc
to- tssurngc-*-Uiio?ffilli"O{*t.nt.., of payn:nt shrl I ba aada prtor ' iif- fo P3 ei.qr.1:iir.r:*::ti !qd9r!!, prror to.adspr,,n . fonule-contrtncd ;, ,r. rririiit-cuiiiiE.ii-jt:
iffinii#,ffi,ffiHi$$#ffffiffirT;,:itt[i:[:t;:iirt*I:ii tt.oiiiio$'3r*.THi":*Hr$ . ?lrirlsSirEagtnrartng ilera Recor{ Gonstruciloo cor} tnoer ror .r.rriiE*^(e.-
il
;*i;:l'E:*I,' tt;';:i!i#:lfl ffi ;ir.li;^i!il.:' ;i;iJl.il;.ii:r:.:i'if,f :ii l) - A frefflc taprct tu rrensport.tri,n c*liltili;tllltrSliposcd ovrter Polat lurlnies3 centlr; T,,rJr ') Slll$il!;-rtzt1 rioe'rss kport on Trlp. Ends Generruon Research ..;,r; 3)' f:rrabay Developrnent3. Flnal Envlronnentrl tarprct teportl Augustl lggi .'.: . a.
t
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, : AUNSIU9 S3NIH L{dBB:SE L6, 98 IfC ,
':
I,
1993 AIIENDI'TEHT TO N{ENDEE il{D H'EETATED
or{NER FARTTSTFATTSN mrE-ugrlElopt'tEpT AGREEI{EN1
THI8 NtENDuE}m Is dated ll Ef thl,r r?th iry of $rnu|t? rpg3 by and arrong THE crry or soullH srul FF,fllcrsco a lrtuniciPar corporation (,,city,') i REDETJ=IOPI{EHT tGEl{cy or rHE crlrr or sourH spt pRil{crsco, a pubrie body eorperata and Porltlc (rrA9ency"} i anc Hol{ABr DEVEITOPI{EH1 co.1 a Delauara eorPoratlon (HDevcloperrr) '
EEEIT&&E:
III{EREf,S' City, Agency tn{ DcvcloPcr entlred into that certain Atrended end Restated oI'nGr parti,clpetlon and Developucnt lEreeuent on Augrst 20, 1992 ("OPA") i snd
wIlERElE, Ctty, lElncy rnd DrvrloPrr dj1!il to sgend thc op* to dercte thcrcfro' provialong dcerrng vlth thc dabt to tlornart in conaiderati.on of tha payncnt to Houart of the net praceede of thc Gatevay Bcdevclopnent projcct 1993 rax ll.rocation Bonde (the rrBondEr) and the execution by Hoaart and the Aqeney of i Repayaent Agreeuent of even date hereuith (the ffRepayuent AEreeasnt,,) I wtrich agrceEent deale vith the rePayEent of and aeeu-.lty for the reruinlnE cebt to Homart after apprlcai-ion of the n;t procceds of t'he eale o! thc Bonds;
HOtf , I,IIEREFORE, f,or and ln eonEideratlon o! the nutual covGnantc snd eErGcEcnts harein sct forth, the parties hsreto egree as follors I
1 . on the ef f eet ive date o! this A,nendnent ,
IrtlclG rr of thc opt ls anc sharr bc darctcd ln lta 3nr-irety, 1d
i
.\ a
I and f ron and af ter the ef f ec|-ivc date of thie agreenent -"he f,Eency I a obligatlona to pay and Eecurc thc Debt to l{onart r E8 defincd ln tle OPt, ehall be Eoverned cntlrely by the terns of the RePaYment lqrreement.
2, trhr sffretlvr datr o! thlg lracndurnt rhall b: thr
da.-e upon uhlch the Bonds are sold and dclivered, the AEency havlng agreed in the Repayment AEreeuent to pay to Honart the net, proceede of the sale of the Bonds.
3. ExeePt aa hcrein nodlftrd, th€ OPt 1l ratltlcd and
con!lrEad.
IH tfITl{ESS I{HEREOF, thc partlea herato havc executcd this aqrreeuent aE of the day and year flrat above wrlttcn.
CITT
Byr
REDIITETdPTTUHT AGET{CY OT fiTE CITY
OP rR.f,ilcr
f ltlc I
AU|13IU9 S3NIH el4gQ:SB L6, 9e I3C
Ftnst ArrpxurvrExr
TO
'w*B
n p n*r,.,tH,:l'H;H'ffi?r Ac ns E ME Nr
This Frnsr Al,rehroh,telrr ro At"muoED AND ResrnTEo Owuen PnRttctpATIoN Acnge[,rEr'rr (this "Amendment") is made as of the fttday of Au&., , 1997 by and ilmong Txe Ctw or Soum SnN FnnNctsco, a Mr.rnicipal corporation f'City"), ReoevelopMENT Aceucv oF THE Cmv or Sourn SnN FnnNCISCo, a public body corporate and politic ("Agency"), HMS Orrtcr,, L.P., a Delaware limited parhership, successor in interest to Homart Development Co. ("Developer").
A. City, Agency, and Developer entered into that certain Amended and Restated Owner Participation and Development Agreement (the "OPA") dated August 20, 1992 in connection with the Redevelopment Plan for the South San Francisco Gateway Redevelopment District
B. The OPA amended and restated that certain Owner Particpation and Development Agreement dated as of March 19, 1981, which agreement was amended by eight amendments dated December 30, 1981, June 15, 1983, August 24, 1983, September 30, 1983, November 13, 1985, October 8, 1986, June 22,1988 and May 22,1991.
C. The OPA, among other things, restricts development on the Affected Property to the permitted densities set forth on Exhibit B to the OPA.
D. Exhibit C to the OPA sets forth a standard for measuring average daily trips for various uses at the Project which standard forms the basis for determining the conversion of permitted densities set forth in this Amendment.
E. In an efflortto sustain the economic vitality of the Project Area and to fui1her the goals and policies of the Redevelopment Plan, City, Agency, and Developer desire to amend the OPA in accordance with the terms and conditions of this Amendment.
Now THEREFSRE, for good and valuable consideration, the receipt and suffrciency of which are hefcby acknowledged, the parties hereto agree as follows:
1. Section 3.2.1 of the OPA is hereby deleted in its entirety and amended as follows:
The permitted derrsities for the use categories set forth on Exhibit B for (i) Office and offrce/sales/service ("Office") and (ii) Research and Development C'R&D") may be reallocated, from time to time, between these categories, uPon application to the Agency by Developer or any other owner of Affected Property, by rrsing a
1.12 ratio of R&D to Offrce. That is to say by way of example, for every square sf-3 I 7550
foot of reduced Offrce density, a corresponding increase of l.12 square feet in the permitted density of R&D will be permitted. Likewise, for every square foot of reduced R&D density, a corresponding increase of 0.892 squre feet in the permitted density of Office will be permitted.
2. Except as modified by this Amendment, all terms and provisions of the OPA remain in fulI force and effect.
3. All capiulizcd teilns not otherwise defined herein shall have the meaning set forth in the OPA.
4. This Amendment may be executed in any number of cor.rnterparts, each of which shall be deemed an original, and all of which shall constitute but one instrument.
IN Wtr-Iess WHEREoF, the parties hereto have executed the is Amendment as of the day and year first written above
Attest:
Attest:
City:
City CIerk
Agency
Cmr oF SourH Seu Fuvclrsefl?
,r, ,' I
Name:M
Title: Ary lln^ted€E
ReoeveuopMENT Acerqcy oF THE Cmy or
Title: fiGrun utr .J,n€cfol
HMS Ornce, L.P.
By: Hines Office Co , LLC
Tom Owens
Manager
APPROVED
Souru Selr FneNcr,sco
Developer
CITY ATTORNEY
sf-3 17550
Srlte or
CouurY o
On 1997, before me, personally
appeared personally known to me (or proved to me
on the basis of satisfactory evidence) to be the person(s) whose narne(s) is/are nrbscribed to the within instnrment and acknowledged to me that he/shdthey executed the same in hisftrer/their authorizcd capacity(ies), and that by his/her/their signahre(s) on the instnrment the person(s), or the entity upon bchalf of which the person(s) acted, exccuted the instrument.
WtrNess my hand and o
Srnre or Cfrt,fa*l,e .
r
CouNrv or i+r/ Hn rfu
Qn &IaB€i t L , t997, before me,
, personally
appeared HrutA€t A. u*tto*t personally known to me (@
en th' basis ef set:ireetery e'ddenee) to be the person(s) whose name(s) is/are subscribed to the within instnrment and acknowledged to me that he/she/they executed the same in hislher/their authorized capacity(ies), and that by hislher/their signatrue(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
My commission expires on:
Wrruess my hand and official seal.
&i** I "'
Coun+rv or
Srers op
On , L997, before me, , personally
appeared personally known to me (or proved to me
on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instnrment and acknowledged to me that he/she/they executed the same in hisrher/their authorized capacity(ies), and that by his/trer/their signatrue(s) on the instnrment the person(s), or the entity upon behalf of which the person(s) acted, executed the inskument.
lUtrxess my hand and offrcial sea[.
My commission expires on: