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Item 22 - Increase Spending Capacity for the Homeless Navigation Center Construction
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02/15/2022 Regular
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Item 22 - Increase Spending Capacity for the Homeless Navigation Center Construction
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City Clerk
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Agenda Packet
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Clerk of the Council
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22
Date
2/15/2022
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or any portion thereof. This release includes claims of which Lessee is presently unaware or which Lessee does not presently suspect to exist which, if known by Lessee, would materially affect Lessee's release to Lessor. In this connection and to the fullest extent permitted by law, Lessee hereby agrees, represents and warrants that Lessee realizes and acknowledges that factual matters now unknown to it may have given or may hereafter give rise to causes of action, claims, demands, debts, controversies, damages, costs, losses and expenses which are presently unknown, unanticipated and unsuspected, and Lessee further agrees, represents and warrants that the waivers and releases herein have been negotiated and agreed upon in light of that realization and tha� as a material portion of the consideration given to Leasor by Lessee in exchange for Lessor's performance hereunder, Lessee nevertheless hereby intends to release, discharge and acquit Lessor from any such unknown ceuses of action, claims, demands, debts. controversies, damages, costs, losses and expenses which might in any way be included, Lessor has given Lessee material concessions regarding this transaction in exchange for Lessee agreeing to the provisions of this Section. <br />69.1 1. Additional Release. The releases set forth in Section 69.10 above und this Section 69.11 are full and complete releases of all the persons and entities described above of and ftom any and all liability ofuny noture whatsoever for all damage, injury, loss, expense, including any consequentlul expense, loss or damage, whether the same are now known or unknown to the parties, expected or unexpected by said parties, and all rights under Section 1542 of the California Civil Code are hereby waived and relinquished. Section 1542 of the Civil Code provides as follows: <br />"A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM OR HER WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMllNT WITH THE DEBTmjED PARTY." <br />sse 1t1als <br />Notwithstanding anything to the contrary herein, the foregoing releases in Section 69.10 and this Section 69.Jl are not intended to and do not cover (i) any claims arising from a breach by Lessor of any Lessor's obligations under this Lease, or (iii)any gross negligence, willful misconduct or fraud committed by Lessor. <br />69.12. permissible Title Exceptjons. Upon the Close of Purchase Option Escrow, Lessor shall convey the Premises to Lessee by a grant deed (the "Grant Deed"), The Grant Deed shall be subject only to the following (collectively, the "Permitted Exceptions"): <br />1192644?,I <br />a)Current Matters of Record. Those matters of record identified on the attachedExhibit A. <br />b)Lease. This Lease. <br />c)Future Non-Monetary Exceptions. All monetary and non-monetaryencumbrances placed against the Premises or which may appear of record nfierthe date hereof as the result of any action or inaction of Lessee (including any <br />16 <br />EXHIBIT 1
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