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COMPLIMENTARY RECORDING REQUIRED <br />PURSUANT TO GOVERNMENT CODE <br />SECTION 27383 <br />When Recorded Mail To: <br />City of Redwood City <br />Housing and Redevelopment Division <br />P. 0. Box 391 <br />Redwood City, CA 94064 <br />7206 <br />111111IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII ���� IIIII IIE <br />OFFICIAL RECORDS OF <br />SAN MATEO COUNTY <br />ASSESSOR -COUNTY CLERK -RECORDER <br />WARREN SLOCUM <br />Recorded at Request of <br />FIDELITY NATIONAL TITLE <br />95-076956 07/28/95 08:00 <br />Recording <br />Fee: asRLas <br />/1wj>_9� SPACE ABOVE THIS LM FOR RECORDERS USE <br />Re. <br />RESALE RESTRICTION AGREEMENT <br />AND OPTION TO REPURCHASE <br />Owner: CRESENCIANA CUA AND LIBERATO CUA, WIFE AND HUSBAND <br />Property Address: 1253 WARREN AVENUE, REDWOOD CITY, CA 94063 <br />Unit: 208 <br />This Resale Restriction Agreement and Option to Repurchase (the "Resale Agreement") is <br />entered into as of this 25 day of juLY, 1995, by and between the City of Redwood City, a <br />municipal corporation of the State of California, (the "City") and cREs=c:xAmA CUA AND <br />LIBERATo CUA, WIFE AND HUsBAND,(the "Owner"). <br />RECITALS <br />WHEREAS, the City of Redwood City has determined that it would be desirable to <br />increase the number of housing units for sale to low and moderate income First -Time <br />Homebuyers, and to assist such homebuyers in purchasing otherwise unaffordable homes; and <br />WHEREAS, the Redevelopment Agency of the City of Redwood City ("Agency") has adopted a <br />program (the "Program") under which it has entered into a Development Agreement with the <br />seller ("Developer") of the property known as 1253 WARREN AVENUE, Redwood City, California <br />(the 'Property"). The Development Agreement sets forth the prices at which the units ("Unit") <br />I <br />RESALE RESTRICTION AGREEM5NT <br />