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RecDoc 2015-052076 LMA 1050 Boradway
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RecDoc 2015-052076 LMA 1050 Boradway
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Last modified
6/15/2015 3:44:04 PM
Creation date
6/15/2015 3:43:36 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Landscape Maintenance Agmt LMA 1050 Boradway
Doc Num
2015-052076
Rec Date
5/20/2015
APN
054-023-080 and 052-023-090
Address
1050 Broadway
Parties
SunCap RWC, LLC
MO Ref
15-059
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. , <br /> 2015-052076 <br /> 2:26 pm 05l20115 AG Fee: NO FEE <br /> Count of Pages 17 <br /> RECORDINGREQUESTEDBY � Recorded in Official Records <br /> AND WHEN RECORDED MAIL,TO: � County of San Mateo <br /> Mark Church <br /> � Assessor-Count Clerk-Recorder <br /> City of Redwood City � I IIII I I II II II II IIIII III�illl IIIII II II IIIII IIIII IIII III <br /> 1017 Middlefield Road ) <br /> Redwood City,California 94063 � * R o 0 0 2 0 2 8 6 5 5 * <br /> Attention: City Clerk ) <br /> ) <br /> ) <br /> (Space Above This Line for Recorder's Use Only) i� <br /> Exempt from necording fce per Gov.Code§27383. � <br /> LANDSCAPE MAINTENANCE AGREEMENT <br /> 24 HOUR FITNESS, 1Q50 BROADWAY STREET <br /> THIS LANDSCAPE MAINTENANCE AGREEMENT ("Agreement'� is made and entered into <br /> this ��day of MQ(Lc.� , 20j_�("Effective Date'�, by and between SunCap Redwood LLC, a <br /> North Carolina limited liability company ("Developer"),and the CTTY OF REDWOOD CTTY,a eharter <br /> city and California municipal corporation("City")with reference to the following facts: <br /> RECITALS <br /> A. Reference is made to that certain real properiy situated in the City of Redwood City, <br /> County of San Mateo,State of Califomia,known as the_1U50 Broadway Strcet site and described on <br /> E�ibit"A", attached bereto and incorporated by this reference as if fully set forth herein (the <br /> "R'oP�Y'� <br /> B. In connection with its development of the Property, the Developer submitted to the City <br /> Improvement Plans dated November l 1,2013, which include,inter alia,landscaping plans for the public <br /> right of way("Plans'�,all of which Plans have been approved by the City. The Plans provide for plaating <br /> of irees, shrubs, grass and installati� af appurtenances such as irrigation systems and pedestriaa scale <br /> lighting ("Improvements")within an area("Maintenance Area")as the Improvements and Maintenance <br /> Area are more specifically shown on E�ibit"B" attached bereto and by this reference made a part <br /> hereof. <br /> C. The Developer has submitted a final map for the Property,wluch has been reviewed by <br /> the City Engineer and is being approved concurrently with this Agreement("Fina1 Map"). <br /> D. Developer entered into a long term single tenant lease dated January 3, 2013 with 24 <br /> Hour Fitness USA, Inc. ("Tenant") for the Property {the "Lease"). The City understands and <br /> aclmowledges that Tenant is responsible for maintaining the Improvements under the Lease, subject to <br /> Developer's obligations nnder ttus Agreement and Developer understands and acknowledges that <br /> Developer is ultimately responsible and accountable to �e City for any and a11 obligations under this <br /> Agreement. <br /> E. The City and the Developer desire to enter into this Agreement pursuant to which the <br /> Developer will maintain the Improvements within the Maintenance Area as both are depicted on <br /> Exhibit"B". <br /> ATTY/AGR/2015.036/SunCap Redwood LLC(LMA) <br /> REV;02-20-15 VR <br /> Page 1 af 9 <br /> ATTY/AGR.2015.036/SunCap Redwood LLC(LMA) <br />
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