AgdaPkt 2018-03-26 Joint SA PFA - Laserfiche WebLink

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ATTY/AGR/2018.055/RWC- MAPLE/LATRHOP CULVERT PARCEL – GRANT DEED SA TO CITY REV: 03-19-18 VR Page 1 of 7 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: CITY OF REDWOOD CITY 1017 MIDDLEFIELD ROAD REDWOOD CITY, CA 94063 ATTN: CITY CLERK EXEMPT FROM RECORDING FEES AND DOCUMENTARY TRANSFER TAX GOVERNMENT CODE §27383; REVENUE AND TAXATION CODE §11922 (SPACE ABOVE THIS LINE RESERVED FOR RECORDER’S USE) APN: 053-182-030 GRANT DEED (Maple/Lathrop Culvert Parcel) For valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Successor Agency to the Redwood City Redevelopment Agency, a public body, corporate and politic (the “Grantor” or “Successor Agency”), hereby grants to the City of Redwood City, a charter city and municipal corporation (the “Grantee” or “City”), the real property (the “Property”) located in the City of Redwood City adjacent to the Redwood Creek culvert at Lathrop, Elm and Maple Streets, designated as San Mateo County Assessor’s Parcel No. 053- 147-040, and more particularly described in Exhibit A attached hereto and incorporated herein by this reference. 1. The Property was previously conveyed by the former Redwood City Redevelopment Agency, a public body, corporate and politic (the “Redevelopment Agency”) to City by grant deed dated March 8, 2011 and recorded in the Official Records of San Mateo County (“Official Records”) on March 9, 2011 as Instrument No. 2011-028362 (collectively, the “Prior Conveyance Grant Deed”). 2. Pursuant to Assembly Bill x1 26 (Chapter 5, Statutes of 2011-12 First Ex. Session), enacted in late June 2011, as amended by Assembly Bill 1484 (Chapter 26, Statutes of 2012), enacted on June 27, 2012, and as further amended by Senate Bill 107 (Chapter 325, Statutes of 2015) enacted on September 22, 2015 (collectively, the “Redevelopment Dissolution Act”), the Redevelopment Agency was dissolved as of February 1, 2012, and the Successor Agency succeeded to the interests of the Redevelopment Agency. California Health and Safety Code Section 34167.5 retroactively invalidated transfers of assets from redevelopment agencies to their sponsoring jurisdictions occurring after January 1, 2011, and directed the State Controller to order assets that were not committed to a third party to be returned to the former redevelopment agency or to the successor agency, if established. Consistent with the foregoing, on November 19, 2012, the City Council of the City of Redwood City adopted Resolution No. 15230, and the governing board of the Successor Agency adopted Resolution No. SA 12-12, each acknowledging the invalidation of the Prior Conveyance and authorizing the execution, delivery and recordation of such instruments as necessary to effectuate the return of the Property from the City to the Successor Agency. The Property was returned to the Successor Agency pursuant to a 6.1.D. - Page 5