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MAINPLACE MF 2, LLC; QR US FINANCE REIT, LLC; MAINPLACE SHOPPINGTOWN, LLC.
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MAINPLACE MF 2, LLC; QR US FINANCE REIT, LLC; MAINPLACE SHOPPINGTOWN, LLC.
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Last modified
3/12/2026 3:21:12 PM
Creation date
3/12/2026 3:19:29 PM
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Contracts
Company Name
MAINPLACE MF 2, LLC; QR US FINANCE REIT, LLC; MAINPLACE SHOPPINGTOWN, LLC.
Contract #
N-2026-061
Agency
Planning & Building
Expiration Date
7/18/2029
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trash and debris about the property; the proper and timely removal of graffiti; the <br /> timely maintenance, repair and upkeep of damaged, vandalized and/or <br /> weathered buildings, structures and/or improvements; the timely maintenance, <br /> repair and upkeep of exterior paint, parking striping, lighting and irrigation <br /> fixtures, walls and fencing, publicly accessible bathrooms and bathroom fixtures, <br /> landscaping and related landscape improvements and the like, as applicable); <br /> e. If Developer and the owner of the property are different (e.g., if the Applicant is a <br /> tenant or licensee of the property or any portion thereof), both the Applicant and <br /> the owner of the property shall be signatories to the property maintenance <br /> agreement and both shall be jointly and severally liable for compliance with its <br /> terms. <br /> f. The property maintenance agreement shall further provide that any party <br /> responsible for complying with its terms shall not assign its ownership interest in <br /> the property or any interest in any lease, sublease, license or sublicense, unless <br /> the prospective assignee agrees in writing to assume all of the duties and <br /> obligations and responsibilities set forth under the maintenance agreement. <br /> g. The property maintenance agreement shall contain provisions relating to the <br /> enforcement of its conditions by the City and shall also contain provisions <br /> authorizing the City to recover costs and expenses which the City may incur <br /> arising out of any enforcement and/or remediation efforts which the City may <br /> undertake in order to cure any deficiency in maintenance, repair or upkeep or to <br /> enforce any restrictions or conditions upon the use of the property. The <br /> maintenance agreement shall further provide that any unreimbursed costs and/or <br /> expenses incurred by the City to cure a deficiency in maintenance or to enforce <br /> use restrictions shall become a lien upon the property in an amount equivalent to <br /> the actual costs and/or expense incurred by the City. <br /> h. The execution and recordation of the property maintenance agreement shall be a <br /> condition precedent to the final map being recorded. <br /> Resolution No. 2019-041 <br /> Page 9 of 9 <br />
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