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DC ) *a 1999-14 S 353 Conformed Copy 08/18/1999 Recording Requested By and Warren Slocum When Recorded Mail To: Assessor -County Clerk -Recorder Stradling Yocca Carlson & Rauth 44 Montgomery Street, Suite 2950 San Francisco, California 94104 Attn: James R. Roth, Esq. This document is exempt from the payment of a recording fee pursuant to Government Code Section 6103. NOTICE OF SPECIAL TAX LIEN REDWOOD SHORES COMMUNITY FACILITIES DISTRICT NO. 99-1 (SHORES TRANSPORTATION IMPROVEMENT PROJECT) OF THE CITY OF REDWOOD CITY Pursuant to the requirements of Section 3114.5 of the Streets -and Highways Code and Section 53328.3 of the Government Code, the undersigned City Clerk of the City of Redwood City (the "City"), State of California, hereby gives notice that a lien to secure payment of a special tax which the Council of the City of Redwood City, County of San Mateo, State of California is authorized to levy is hereby imposed. The special tax secured by this lien is authorized to be levied for the purpose of: paying for (1) the Facilities and Incidental Expenses described on Exhibit A attached hereto and incorporated herein by this reference and (2) the principal of and interest on and other periodic costs related to bonds or other indebtedness issued to finance said Facilities and Incidental Expenses. The special tax is authorized to be levied within Redwood Shores Community Facilities District No. 99-1 (Shores Transportation Improvement Project) of the City of Redwood City (the 'District"), which has now been officially formed, and the lien of the special tax is a continuing lien which shall secure each annual levy of the special tax and which shall continue in force and effect until the special tax obligation is prepaid, permanently satisfied, and canceled in accordance with law or until the special tax ceases to be levied and a notice of cessation of special tax is recorded in accordance with Section 53330.5 of the California Government Code. The rate, method of apportionment, and manner of collection of the authorized special tax is as set forth in Exhibit B attached hereto and incorporated herein by this reference. Conditions under which the obligation to pay the special tax may be prepaid and permanently satisfied and the lien of the special tax cancelled are as set forth in said Exhibit B. Notice is further given that upon the recording of this notice in the office of the county recorder, the obligation to pay the special tax levy shall become a lien upon all nonexempt real property within the District in accordance with Section 3115.5 of the Streets and Highway Code. 17352.3\22931.0003 1