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Agmt00 RWC Technology Station L
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Agmt00 RWC Technology Station L
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Last modified
7/18/2005 12:00:57 PM
Creation date
7/18/2005 10:04:34 AM
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Template:
Agreement
Contractor Name
RWC Technology Station LLC
PROJECT NAME
RWC technology station subdivision improvements
RMP File Number
304
Date
8/17/2000
Reso Ref
13966
MO Ref
02-194
Box
5940
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<br />.'. <br /> <br />~, <br /> <br />!-- <br /> <br />Name: <br /> <br />City Clerk <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br /> <br />DOC a 2002-250320 <br />12/02/2002 08:00A NOT Fee:1G.00 <br />Page 1 of 4 <br />Recorded in Official Records <br />County of San Mateo <br />Uarren Slocum <br />Assessor-County Clerk-Recorder <br /> <br />Rïr~ijiilli~III~I[IÜU~ l~ìlìl~1 rm~1111 <br /> <br />RECORDING REQUESTED BY: <br /> <br />And When Recorded Mail To: <br /> <br />Address: <br /> <br />SPACE. <br /> <br />NOTICE OF SPECIAL RESTRICTIONS <br /> <br />RWC Technology Station, LLC, a California limited liability company ("Owner") , owner of <br />that certain real property situated in the City of Redwood City, a charter city and municipal <br />corporation of the State of California ("City"), and in tile County of San Mateo, State of Californ¡a <br />more particularly described in Exhibit "A," attached hereto and incorporated herein by reference <br />(the "Property"), gives notice as set forth herein. <br /> <br />k,? <br /> <br />I <br /> <br />RECITALS: <br /> <br />A. There is a five-story office building ("Building") located on the Property. <br /> <br />B. Owner has entered into a lease agreement ("Lease Agreement") dated May 14, <br />2002, with Sports Medical Management, Inc., A Medical Group, a California corporation ("Sports <br />Medical Management"), whereby Sports Medical Management has leased premises on the first <br />floor of the Building as more particularly described in the Lease Agreement ("Sports Medical <br />Management Premises"). The Lease Agreement permits the Sports Medical Management <br />Premises to be used for medical offices and other related legal uses ("Permitted Uses"). <br /> <br />C. In connection with the Lease Agreement, Owner made application to City for a <br />variance to City's parking requirements to enable the Sports Medical Management Premises to <br />be used for the Permitted Uses. <br /> <br />D. On June 26, 2002, the Zoning Administrator of City granted a variance ("Variance") <br />to Owner on the condition that a restriction be recorded against the Property with the San Mateo <br />County Recorder's Office. The Variance is evidenced by, and the terms and conditions thereof, <br />are contained in a Notice of Official Action dated August 28, 2002. <br /> <br />Restrictions and Conditions <br /> <br />In no event, at any time during the term of the Lease Agreement, will the number of Sports <br />Medical Management employees who work at the Sports Medical Management Premises, exceed <br />seventy-four (74); provided, however, this maximum number may be increased to eight-one (81), <br />provided that the doctor-to-staff ratio and the full-time to part-time staff ratio that currently exists <br />with the 74 employee staffing at Sports Medical Management's existing facility at 2884 Sand Hill <br />Road, Suite 110, Menlo Park, California ("Sports Medical Management's Existing Facility"), is not <br />increased. The current doctor-to-staff ratio at Sports Medical Management's Existing Facility is <br />1 :9. The current full-time to part-time staff ratio at Sports Medical Management's Existing Facility <br />is 17:1. <br /> <br />F:Atty/ Agr/Deedrestr. RWCT ech <br />092002 <br /> <br />'TO ~. <br />
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