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Recording Requested By <br />And When Recorded Mail To: <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attn: City Clerk <br />CONTRACT BETWEEN REDWOOD CITY AND LUCY BALLARD FOR <br />HISTORIC PROPERTY PRESERVATION OF 32 KING STREET <br />(APN 052-152-040) <br />THIS CONTRACT, is made and entered into this �)_ day of --, 2016, <br />by and between the CITY OF REDWOOD CITY, a charter city and municipal corporation of the <br />State of California, hereinafter called ("City"), and Lucy Ballard, hereinafter called ("Owner'). <br />WITNESSETH: <br />WHEREAS, California Government Code Sections 50280, et seq. authorize cities to <br />enter into contracts with the owners of qualified historic property to provide for the use, <br />maintenance and restoration of such historic property so as to retain its historical significance; <br />WHEREAS, Owner possesses fee title in and to that certain real property, together with <br />associated structures and improvements thereon, located at 32 King Street, Redwood City, <br />California 94062 (the "Historic Property') (a legal description of the Historic Property is attached <br />hereto as Exhibit A); <br />WHEREAS, on 02,01b , the City Council of the City of <br />Redwood City declared and designated the Historic Property as a historic landmark pursuant to <br />the terms and provisions of Chapter 40 of the Redwood City Code; and <br />WHEREAS, City and Owner, for their mutual benefit, now desire to enter into this <br />Contract both to protect and preserve the characteristics of historical significance of the Historic <br />Property and to qualify the Historic Property for an assessment of valuation pursuant to the <br />REV: 08-31-16 JS <br />Page 1 of 15 <br />ATTY/AGR.2016.247/Redwood City - 32 King Street Mills Act Contract <br />