Common Contracts
1 similar Project Sponsor Agreement contracts
PROJECT SPONSOR AGREEMENTProject Sponsor Agreement • February 14th, 2014
Agreement #: 3098 PROJECT SPONSOR AGREEMENTBETWEEN THE CITY OF MENLO PARK AND THE SOBRATO ORGANIZATION THIS PROJECT SPONSOR AGREEMENT (“Agreement”) is made and entered into at Menlo Park, California, this 11/19/2020 , by and between the CITY OF MENLO PARK, a MunicipalCorporation, hereinafter referred to as "City," and THE SOBRATO ORGANIZATION, hereinafter referred to as “Project Sponsor”. WITNESSETH: WHEREAS, The Sobrato Organization, propose to demolish five existing industrial and office buildings located at 119-127 Independence Drive, 1205 Chrysler Drive, and 130 Constitution Drive (Assessor’s Parcel Numbers 055-236-180, 055-236-140, 055-236-240, 055-236-300, 055-236-280), Menlo Park,and to construct 67 townhomes, 316-unit apartment building, and a 88,750 square foot office building, collectively known as 123 Independence Drive, hereinafter referred to as the “Project”; and WHEREAS, the City has determined that under the California Environmental Quality Act and its applicable guidel
