Common Contracts

1 similar Project Sponsor Agreement contracts

PROJECT SPONSOR AGREEMENT
Project Sponsor Agreement • May 22nd, 2020

Agreement #: 2964 AGREEMENT BETWEENTHE CITY OF MENLO PARK AND PENINSULA INNOVATION PARTNERS, LLC THIS AGREEMENT made and entered into at Menlo Park, California, this 6/3/2020 , by and between the CITY OF MENLO PARK, a Municipal Corporation, hereinafter referred to as "CITY," and PENINSULA INNOVATION PARTNERS, LLC, hereinafter referred to as “FIRST PARTY.”. WITNESSETH: WHEREAS, Peninsula Innovation Partners, LLC on behalf of Facebook, Inc. proposes to redevelop the property addressed 1350-1390 Willow Road, 925-1098 Hamilton Avenue, and 1005-1275 Hamilton Court (Assessor’s Parcel Numbers 055-440-350, 055-440-210, 055-440-110, 055-440-300, 055-440-130, 055-440-190, 055-440-090, 055-440-230, 055-440-310, 055-440-260, 055-440-330, 055-440-320,055-440-050, 055-440-030, 055-440-010, 055-440-040, 055-440-020), Menlo Park, with approximately126,500 square feet of retail including a grocery store, pharmacy, and restaurant uses, a minimum of 1,500 housing units, a limited service hotel of approx

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