RELEASE AGREEMENT AND COVENANT REGARDING ASSUMPTION OF THE MISSION BAY SOUTH OWNER PARTICIPATION AGREEMENTRelease Agreement • April 22nd, 2014 • California
Contract Type FiledApril 22nd, 2014 Jurisdictiondated as of , 2014 and effective as of the Effective Date (as defined below), is entered into by and among the Successor Agency to the Redevelopment Agency of the City and County of San Francisco, a public body, organized and existing under the laws of the State of California, commonly known as the Office of Community Investment and Infrastructure (the “Successor Agency”); BAY JACARANDA NO. 3334, LLC, a Delaware limited liability company (“Current Owner”); and THE REGENTS OF THE UNIVERSITY OF CALIFORNIA, a California corporation (“Buyer” or the “Regents”). THIS AGREEMENT is made with reference to the following facts and circumstances: