UBLIC HEARING: Director of Development ... - City of Glendale

G. [§ 510] Remedies and Rights of Tennination
In addition to any other remedies the Agency and/or City may have, the Agency and/or
City. at their option may tenninate this Agreement upon wrinen notice to the Participant if:
1. Participant fails to timely perfonn any of its material obligations as
provided in this Agreement and such failure is not cured within ninety (90) days after the date
of written demand therefor by the Agency. Provided, however, if Participant is diligently
attempting to cure such failure and continues to do so until the cure is completed. then the ninety
(90) day curative period shall be extended for such reasonable time as may be required to
perfonn such cure.
ARTICLE VI. [§ 600] GENERAL PROVISIONS
A. [§ 601] Effective Date
This Agreement shall be effective upon the date on which this Agreement is auested by
the City Clerk of the City of Glendale after execution by Participant. the Agency and the Mayor
of the City (the "Effective Date"). As provided in Section 65868.5 of the Development
Agreement Act, and as provided in § 603, a copy of this Agreement shall be recorded with the
Los Angeles County Recorder.
B. [§ 602] Notices, Demands, Communications Between the Parties
Formal notices, demands, and communications between the Agency and Participant shall
be sufficiently given if sent by registered or certified mail, postage prepaid. return receipt
requested, to the principal offices of the Agency and Participant, as designated in § 106 and
§ 107 hereof. with a copy to Participam's counsel: George J. Mihlsten, Latham & Watkins, 633
West Fifth Street, Suite 4000, Los Angeles, California 9U071, Phone: (213) 485-1234, Fax:
(213) 891-8763. Such writlen notices, demands and communications may be sent in the same
manner to such other addresses as either party may from lime to time designate by mail as
provided in this § 602. Any such notice. demand or communication shall be deemed to have
been received upon delivery. if given by personal delivery.
C. [§ 603] Agreemenl Recordable
This Agreement shall be recordable with the Los Angeles County Recorder pursuant to
Government Code § 65868.5.
D. I§ 604] Duration of Agreement
This Agreement shall have a duration and remain in effect fifteen (5) years from the
Effective Date of this Agreement. The duration of this Agreement may be extended, modified,
or terminated by mutual written agreement of the panies hereto or their assigns.
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