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CEMEX Materials Pacific LLC 4/5/2017
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CEMEX Materials Pacific LLC 4/5/2017
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Entry Properties
Last modified
7/21/2017 12:02:27 PM
Creation date
7/21/2017 12:00:33 PM
Metadata
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Template:
Contracts
Contractor's Name
CEMEX Materials Pacific LLC
Approval Date
4/5/2017
Council Approval Date
4/5/2017
Department
Administration
Department Project Manager
Paul Kaftanski
Subject / Project Title
Amendment and Restated Development Agreement
Tracking Number
0000775
Total Compensation
$0.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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TRANSFER LOT AGREEMENT • <br /> AMENDING PART ONE OF <br /> AMENDED AND RESTATED DEVELOPMENT AGREEMENT <br /> THIS TRANSFER LOT AGREEMENT AMENDING PART ONE OF AMENDED <br /> AND RESTATED DEVELOPMENT AGREEMENT (this "Amendment") is dated for <br /> reference purposes as of April_, 2017, and is made by and between CEMEX <br /> CONSTRUCTION MATERIALS PACIFIC, LLC, a Delaware limited liability company, <br /> successor-in-interest to both Rinker Materials Corporation, a Georgia corporation, and CSR <br /> Associated ("Owner"), and the CITY OF EVERETT, a Washington municipal corporation (the <br /> "City"). The Effective Date of this Amendment is defined in Section 1.17 below. <br /> RECITALS <br /> A. Owner(as successor-in-interest to both Rinker Materials Corporation and CSR <br /> Associated) and the City are parties, along with Food Services of America("FSA"),to the <br /> Amended and Restated Development Agreement dated September 1, 2005 (the "Development <br /> Agreement"). The Development Agreement contains three parts. Part One relates to the <br /> conveyance of certain Transfer Lots to the City for recreation and/or athletic fields, and any <br /> accessory or complementary use thereto including, but not limited to, open space, parking, <br /> utilities, and slope support. As stated in the Development Agreement, Owner, and not FSA, is <br /> solely responsible for the developer's obligations as to the Transfer Lots in Part One of the <br /> Development Agreement. Parts Two and Three of the Development Agreement relate to other <br /> matters. <br /> B. The City and Owner have agreed to modify the Owner's Obligations (defined <br /> below) as to the Transfer Lots in Part One of the Development Agreement. This Amendment <br /> 2 <br />
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