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RecDoc 2015-096397 One Marina Owners Association_Assignment & Assumption of LMA from 2013_07292015
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RecDoc 2015-096397 One Marina Owners Association_Assignment & Assumption of LMA from 2013_07292015
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Last modified
12/23/2015 9:33:14 AM
Creation date
9/10/2015 12:59:26 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Assignment and Assumption of LMA 2013-017253
Doc Num
2015-096397 CONF
Rec Date
9/9/2015
Address
One Marina Parcel 3 640-645 Turnbuckle Dr
Parties
RC Peninsula Park and One Mairna Owners Assoc.
MO Ref
13-022
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i <br /> 2013-017253 9 <br /> 12:47 pm ONE <br /> 20 13-017253 <br /> NO <br /> �EE <br /> RECORDING REQUESTED By ) Count of pag e 14 <br /> AND WHEN RECORDED MAIL TO: ) Recorded to Official Records <br /> County of San Mateo <br /> City of Redwood City Mark Church <br /> ed oodCit City, California Road AsIIIIII`�IIuIII'�` <br /> Redwood City, C 94063 � `I T I)Attention: City Clerk ) <br /> ) <br /> (Space Above This Line for Recorder`s Use Only) <br /> Exempt from recording fee per Gov. Code § 27383, <br /> LANDSCAPE MAINTENANCE AGREEMENT <br /> One Marina — Parcel 3 <br /> HIS L • All SCAPE MAINTENANCE AGREEMENT ("Agreement") is made and entered into <br /> this ay o ' , 20 ("Effective Date"), by and between RC Peninsula Park, LLC, a <br /> Delaware limi I - d liability a tner (" eloper"), aid the CITY OF REDWOOD CITY, a charter city and <br /> California municipal corporation ("City") with reference to the following facts: <br /> RECITALS <br /> A. Reference is made to that certain real property situated in the City of Redwood City, <br /> County of San Mateo, State of California, known as the One Marina site and described on Exhibit "A", <br /> attached hereto and incorporated by this reference as if fiflly set forth herein (the "Property"). The <br /> Property is being developed as a condominium project. The Developer expects to transfer its interest in <br /> the Property to One Marina Owner's Association ("BOA"), a California nonprofit mutual benefit <br /> corporation, which BOA shall be ultimately responsible for the management, operation and governance <br /> of the Property. <br /> B. In connection with its development of the Property as a residential community, the <br /> Developer submitted to the City a Precise Plan, PC Permit, and Construction Documents, which include, <br /> inter alia, landscaping plans for areas within Easements or property where the City holds an interest <br /> (`Plans"), all of which Plans have been approved by the City. The Plans provide for installation of certain <br /> landscaping, pedestrian lighting, irrigation, paths, and site furnishings ("Improvements") within that <br /> portion of the City owned easements ("Maintenance Area") as the Improvements and Maintenance Area <br /> are more specifically shown on Exhibit "B" attached hereto and by this reference made a part hereof. <br /> C. The Developer has submitted a final map for the Property, which has been reviewed by <br /> the City Engineer and is being approved concurrently with this Agreement ("Final Map"). <br /> D. The Developer recognizes that the City's approval of the Final Map is based on the <br /> Developer's commitment to the long-term maintenance, repair, care and, if and when necessary, <br /> replacement of the Improvements, and that the Final Map would not have been approved without the <br /> assurance that this Agreement would be executed by the Developer. <br /> E. The City and the Developer desire to enter into an agreement pursuant to which the <br /> Developer will maintain the Improvements within the Maintenance Area as both are depicted on Exhibit <br /> "B". <br /> ATTY/AGR/2013,010/LANDSCAPE MAINTENANCE AGREEMENT ONE MARINA <br /> REV: 01-1443 VR <br /> Page 1 of 9 <br /> 1 <br />
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