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6.1.B. - Page 14 <br /> EXHIBIT B <br /> FORM OF RESALE RESTRICTION AGREEMENT <br /> RECORDING REQUESTED BY ) <br /> AND WHEN RECORDED MAIL TO: ) <br /> ) <br /> City of Redwood City ) <br /> 1017 Middlefield Road ) <br /> Box 391 ) <br /> Redwood City, California 94064 ) <br /> Attn: City Clerk ) <br /> ) <br /> (Space Above Provided For Recorder) Exempt from Recording Fees under Govt. Code Section 27383 <br /> RESALE AND REFINANCE RESTRICTION AGREEMENT <br /> AND <br /> OPTION TO PURCHASE <br /> Owner: <br /> Property Address: <br /> Unit: <br /> THIS RESALE RESTRICTION AGREEMENT AND OPTION TO PURCHASE <br /> (this "Agreement") is entered into as of , 20_, by and between the City <br /> of Redwood City, a municipal corporation of the State of California, (the "City") and <br /> ("Owner"). <br /> RECITALS <br /> A. Owner is the owner of that certain real property in the City of Redwood <br /> City, County of San Mateo, California (the "City") located at 439 Fuller Street, Unit <br /> , as more fully described in Exhibit A attached hereto and incorporated herein by <br /> this reference (the "Affordable Unit"). <br /> B. The Affordable Unit is restricted by an Affordability Agreement, which was <br /> entered into by the original developer of the Affordable Unit in order to receive an <br /> affordable housing credit to the City's Parks Impact Fee. <br /> REV:04-20-16 VR <br /> Page 11 of 29 <br /> ATTY/AGR.2016.081/Fuller Street Partners, LLC Affordable Housing Agreement <br />