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<br />,\p,. .3 <br /> <br />RECORDING REQUESTED BY AND WHEN <br />RECORDED MAIL TO: <br /> <br />Office It City AttOrney <br />CITY Of REDWOOD Cm <br />702 Mll'8h.n Streit. Suite 314 <br />Redwood City, CA 94063 <br /> <br />Attention: David E. Schricker. Ela. <br /> <br />Tr8nsflr Tlx: lone die <br /> <br />COST SHARING AGREEMENT <br />FOR <br />STORM DRAINAGE JOINT FACILITIES <br /> <br />This AGREEMENT ("Agreement") is made and entered into as of April_, 2000 by and <br /> <br />between PACIFIC SHORES DEVELOPMENT, LLC, a Delaware limited liability company ("Pacific <br /> <br />Shores"), and the CITY OF REDWOOD CITY, -a municipal corporation ("City"). with respect to the <br /> <br />operation and sharing of costs with respect to a storm drainage pump station and two force' mains <br /> <br />discharging to Redwood Creek. <br /> <br />REelT Al.S <br /> <br />A. <br /> <br />Pacific Shores is the owner of the certain real property (the "Property") in San <br /> <br />Mateo County, California, encompassed within that final subdivision map recorded as <br /> <br />Instrument No. <br /> <br />, on <br /> <br />, 2000 in the Official Records of San Mateo <br /> <br />County (the "Map"). <br /> <br />B. <br /> <br />Pacific Shores and City have entered into that Development Agreement recorded <br /> <br />as Instroment No. 1999-134701 in the Official Records of San Mateo County (the "Development <br /> <br />PeIDA TA~" -.. _111... <br /> <br />-1- <br /> <br />""'\>1)01"""""'" <br /> <br />'---~-"-""T' <br />