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2015-093310 � <br /> 2:46 pm 09101I15 AG Fee: 117.00 <br /> Count of Pages 35 <br /> Recorded in Official Records <br /> RECORDING REQLJESTED BY � County of San Mateo <br /> AND WHEN RECORDED MAIL TO: � Mark Church <br /> ) Assessor-Count Clerk-Recorder <br /> City of Redwood City ) I IIIIIII III III IIIII IIIII III�IIII III I III IIII I <br /> 1017 Middlefield Road * I II II) II) <br /> ) R 0 0 0 2 0 8 S 7 3 5 * <br /> Redwood City, California 94063 � <br /> Attention: City Clerk � <br /> ) �j�(Space Above This Line for Recorder's Use Only) <br /> Exempt from recording fee per Gov.Code§27383. <br /> IMPROVEMENT AGREEMENT <br /> Jefferson and Franklin(103 Wilson) <br /> � 7 <br /> TH PRO ENT AGREEMENT("Agreement")is made and entered into on this_day of_ <br /> , 20 ("Effective Date") by and between by and between REDWOOD CITY <br /> JEF , LLC, a Delaware limited liability company ("Developer"), and the CITY OF <br /> REDW D CITY, a charter city and California municipal corporation ("City"), with reference <br /> to the following facts: <br /> RECITALS <br /> A. Developer is the current fee owner of that certain real property consisting of <br /> approximately l.l acres located within the City of Redwood City, County of San Mateo, State of <br /> California,described in Exhibit A,attached hereto and incorporated herein by reference(the"Property"). <br /> B. On October 14, 2014,the Planning Commission of the City of Redwood City adopted, <br /> among other approvals, Resolution No. 14-19, approving the Vesting Tentative Map for the 103 Wilson <br /> Street Project("Project"), prepared by BKF Engineers and dated September 17, 2014 ("Tentative Map"), <br /> subject to certain conditions of approval("Conditions"). <br /> C. The Conditions require either (1) that certain public improvements for the Project be <br /> constructed prior to approval of the parcel map ("Final Map"}, or (2) that Developer enter into an <br /> agreement with City providing for the future construction of such public improvements. <br /> D. Developer has submitted the Final Map and applied to City for Final Map approval <br /> without having completed the required public improvements ar�:�, tliet::iore, will enter into an agreement <br /> with City providing for the fuhire construction and installation of such public improvements, as required <br /> by Government Code section 66462(a)(1). <br /> E. Developer has submitted to City plans, specifications and drawings entitled Jefferson and <br /> Franklin Improvement Plans, prepared by BKF Engineers and dated ``l• , 20�j (the <br /> "Improvement Plans"), which, in addition to other improvements, provide for c ain on- and off-site <br /> public improvements consisting of street and street li�l�t im�rvFL,:.F:i;:.;, ��orm drain systems, domestic <br /> water systems and sanitary sewer systems for the Project (collectively, "Improvements"). A portion of <br /> the Improvements as described in Exhibit B attached hereto and incorporated herein by reference consist <br /> of off-site transportation related improvements ("TIF Eligible Improvements") a portion of which are <br /> eligible for funding under the City's Transportation Impact Fee program as set forth in Article XV of the <br /> Redwood City Code. <br /> ATTY/AGR/2015.107/GREYSTAR-103 WILSON-IA WITH TIF CREDIT Page 1 of 27 <br /> REV:05-28-15 VR <br />