City of Long Beach - File #: 28468_002

• File #: 28468_002
• Version: 1
• Name: REDEV AGCY OF CTY OF L B/COVENTRY L B PLAZA LLC/PROMENADE LOFT PARTNERS, LLC - ASSIGNMENT & ASSUMPTION AGREEMENT
• Type: Contract
• Status: CCIS
• File created: 2/14/2006
• In control: City Clerk
• On agenda: 8/16/2005
• Final action: 8/16/2005
• Title: ASSIGNMENT & ASSUMPTION AGREEMENT - (REDEVELOPMENT AGENCY AUTHORIZATION 7/25/2005) COVENTRY LONG BEACH PLAZA LLC (ASSIGNOR) HEREBY ASSIGNS & DELEGATES TO PROMENADE LOFT PARTNERS, LLC (ASSIGNEE) ALL OF ASSIGNOR'S RIGHTS & OBLIGATIONS AS THE "PARTICIPANT" UNDER THE OWNER PARTICIPATION AGREEMENT, AS IMPLEMENTED BY SECOND IMPLEMENTATION AGREEMENT, WITH RESPECT TO PROPERTY & IMPROVEMENTS TO BE CONSTRUCTED THEREON
• Sponsors: Community Development
• Indexes: Amendments
• Related files: 05-3040

Date	Ver.	Action By	Action	Result
8/16/2005	1	City Council	authorize City Manager

TITLE

ASSIGNMENT & ASSUMPTION AGREEMENT - (REDEVELOPMENT AGENCY AUTHORIZATION 7/25/2005) COVENTRY LONG BEACH PLAZA LLC (ASSIGNOR) HEREBY ASSIGNS & DELEGATES TO PROMENADE LOFT PARTNERS, LLC (ASSIGNEE) ALL OF ASSIGNOR'S RIGHTS & OBLIGATIONS AS THE "PARTICIPANT" UNDER THE OWNER PARTICIPATION AGREEMENT, AS IMPLEMENTED BY SECOND IMPLEMENTATION AGREEMENT, WITH RESPECT TO PROPERTY & IMPROVEMENTS TO BE CONSTRUCTED THEREON