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ATTY/AGR/2016.090/RWC-LIBRARY PARKING – GRANT DEED SA TO CITY <br />REV: 02-03-17 VR <br />Page 2 of 7 <br />returned to the Successor Agency pursuant to a Grant Deed dated as of November 27, 2012, <br />executed by City as grantor, and recorded in the Official Records of San Mateo County on <br />November 28, 2012 as Instrument No. 2012-177008 (the “City-Successor Agency Grant <br />Deed”). <br /> <br />3. The Property qualifies as a parking lot that is “dedicated solely to public <br />parking” as defined in Health and Safety Code Section 34181(a), and therefore is eligible for <br />transfer to the City as a “governmental purpose” asset. In accordance with Health and Safety <br />Code Sections 34181(a) and 34181(f), the Oversight Board to the Successor Agency and the <br />State of California Department of Finance (“DOF”) have approved the conveyance of the <br />Property to the City for transfer to the City as a “governmental purpose” asset. This Grant <br />Deed has been prepared and executed to implement such approvals. <br /> <br />4. The Property is conveyed to City subject to all matters of record; provided <br />however, Grantor (as successor in interest to the Redevelopment Agency) and Grantee hereby <br />mutually agree that the covenants set forth in Paragraphs 1, 2, and 5 of the Prior Conveyance <br />Grant Deed and in Paragraphs 1, 2, and 5 of the City-Successor Agency Grant Deed pertaining <br />to conformity to the Redevelopment Plan, are hereby terminated. <br /> <br /> SIGNATURES ON FOLLOWING PAGE. <br />6.1.E. - Page 7