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EXHIBIT "1" REVOCABLE ENCROACHMENT PERMIT Real property, situate in the City of Redwood City, County of San Mateo, State of California, more particularly described as follows: Parcel A A portion of Redwood Creek as shown on those plats entitled "Grant to the City of Redwood City, Chapter 34 Statutes of 1954 (1S E.S.) Vicinity of Redwood Creek San Mateo County, State of California, State Lands Commission, State Lands Division," on file in the office of the City Engineer of the City of Redwood City, San Mateo County, California, and being more particularly described as follows: BEGINNING at Station 79 as said station is shown on above mentioned plats; THENCE, South 59 52' 15" West along the Southerly line of said grant a distance of 185.00 feet; THENCE, North 31 14' West a distance of 82.00 feet; THENCE, North 63 58'45" East a distance of 633.22 feet; THENCE, North 46 25' East a distance of 161.00 feet; THENCE, North 55 37' East a distance of 420.00 feet; THENCE, South 34 35' East a distance of 45.00 feet to the Northwesterly line of Steinberger Street; THENCE, South 33 39' West, along said Northwesterly line of Steinberger Street a distance of 58.50 feet to the Southerly line of said grant; THENCE, North 36 45' 13" West along said grant line a distance of 3.14 feet to Station 72 of said grant; THENCE, the following courses and distances along the Southerly line of said grant: South 58 55' 42" West a distance of 91.06 feet; South 54 20' 28" West a distance of 274.46 feet; South 76 19' 42" West a distance of 38.08 feet; South 34 11' 10" West a distance of 64.07 feet; South 53 12' 17" West a distance of 153.60 feet; South 61' 04' 25" West a distance of 260.50 feet, and South 71 01' 47" West a distance of 101.51 feet to the POINT OF BEGINNING. Containing 1.84 acres, more or less. Parcel B A portion of Steinberger Street as said street is described in that deed from William Holder to the Town of Redwood City, dated February 2, 1893, and recorded in the office of the Recorder of San Mateo County, California, in Volume 64 of Records at page 188, being more particularly described as follows: BEGINNING at the most Northerly corner of said Steinberger Street, said corner being in Steinberger Slough; THENCE, South 33 39' West along the Northwesterly line of said Steinberger Street a distance of 31.00 feet to the TRUE POINT OF BEGINNING; THENCE, South 34° 35' East a distance of 11.00 feet; THENCE, South 19 41' West a distance of 111.50 feet; THENCE, South 47 25' West a distance of 78.00 feet; THENCE, North 45 32' 55" West a distance of 18.90 feet to the said Northwesterly line of Steinberger Street; THENCE, North 33 39' East along said Northwesterly line a distance of 184.50 feet to the TRUE POINT OF BEGINNING. Containing 0.11 acres, more or less.