Laserfiche WebLink
6.1.A. Page 4 <br /> RECORDING REQUESTED BY ) <br /> AND WHEN RECORDED MAIL TO: ) <br /> ) <br /> City of Redwood City ) <br /> 1017 Middlefield Road ) <br /> Redwood City, California 94063 ) <br /> Attention: City Clerk ) <br /> (Space Above This Line for Recorder's Use Only) <br /> Exempt from recording fee per Gov.Code§27383. <br /> H PROVEMENT AGREEMENT <br /> 2075 Broadway <br /> THIS IMPROVEMENT AGREEMENT("Agreement")is made and entered into on this_day of_ <br /> 20_ ("Effective Date") by and between by and between Lane — Broadway, LLC, a <br /> California limited liability company ("Lessee") and BAE-GEM PROPERTIES, LP, a California limited <br /> partnership ("Property Owner" and together with Lessee, the "Developer"), on the one hand, and the <br /> CITY OF REDWOOD CITY, a charter city and California municipal corporation ("City"), on the other <br /> hand,with reference to the following facts: <br /> RECITALS <br /> A . Property Owner is the current fee owner of that certain real property consisting of <br /> approximately 0.7 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 /> 13. Pursuant to that certain ground lease dated June 30, 2014 by and between Property <br /> Owner and Lessee, as amended from time to time, Lessee leased the Property from Property Owner for a <br /> term of ninety nine(99)years. <br /> C . On April 19, 2016, on appeal from the Zoning Administrator, the Planning Commission <br /> of the City of Redwood City approved Downtown Planned Community Permit No. DPC2014-04, <br /> approving the 2075 Broadway Project ("Project"), subject to certain conditions of approval <br /> {"Conditions"). <br /> D . The Conditions require that Developer enter into an agreement with City providing for <br /> the future construction of such public improvements. <br /> E. Lessee has submitted to City plans, specifications and drawings entitled Civil <br /> Improvements 2075 Broadway Plans, prepared by Sandis and dated 20 (the <br /> "Improvement Plans"), which, in addition to other improvements, provide for certain on-site public <br /> improvements consisting of street and street light improvements, storm drain systems, domestic water <br /> systems and sanitary sewer systems for the Project(collectively,"Improvements"). <br /> F. City and Developer, pursuant to the Conditions, enter this agreement providing for the <br /> construction and installation of the Improvements in accordance with the Improvement Plans. <br /> REV:08-31-17 PR <br /> Page 1 of 22 <br /> ATTY/AGR.2017.195/Lane-Broadway, LLC-IA <br />