Common Contracts
1 similar Project Sponsor Agreement contracts
PROJECT SPONSOR AGREEMENTProject Sponsor Agreement • August 17th, 2020
Agreement #: 3045 PROJECT SPONSOR AGREEMENTBETWEEN THE CITY OF MENLO PARK AND HIBISCUS PROPERTIES, LLC THIS PROJECT SPONSOR AGREEMENT (“Agreement”) is made and entered into at Menlo Park, California, this 9/2/2020 , by and between the CITY OF MENLO PARK, a MunicipalCorporation, hereinafter referred to as "City," and HIBISCUS PROPERTIES, LLC, hereinafter referredto as “Project Sponsor”. WITNESSETH: WHEREAS, Hibiscus Properties LLC, proposes to construct a new SR 84/Bayfront expressway pedestrian overcross bridge, at the property addressed 1 Facebook Way (Assessor’s Parcel Number 055-260-290), Menlo Park; and WHEREAS, the Consultant, as defined below, is licensed to perform the scope of work identified in this Agreement in accordance with the terms set forth in Exhibit A. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS, PROMISES ANDCONDITIONS of each of the parties hereto, it is hereby agreed as follows: 1. SCOPE OF WORK The City in its sole discretion has selected Carlson Manag
