AgdaPkt 2018-07-23 Joint SA PFA - Laserfiche WebLink

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6.2.A. - Page 3 DUP I AT 2016-066631 C®NF ORIGINAL 11:17 am 07108116 AG Fee: NO FEE Count of pages 21 RECORDING REQUESTED 13Y ) Recorded in Official Records AND WIiEN RECORDED MAIL TO: ) County of San Mateo Mark Church City of Redwood City) Assessor -County Clerk -Recorder 1017 Middlefield Road )1111111111111111111111111111111111$ 1111111111 Redwood City, California 94063 ) R 0 0 0 Z 2 3 5 6 4 3 Attention: City Clerk ) (Space Above TlrisLineforRecorders Use Only) Exempt from recording fee per Gov. Code § 27383. IMPROVEMENT AGREEMENT 601 Marshall Street THIS IMPROVEMENT AGREEMENT ("Agreement") is made and entered into on this _ day of TU L9 6 , 20L ("Effective Date") by and between by and between 601 Marshall Street Owner, LLC, a Delaware limited liability company ("Developer"), and the CITY OF REDWOOD CITY, a charter city and California municipal corporation ("City") with reference to the following facts: RECITALS A . Developer is the current fee owner of that certain real property consisting of approximately 0.7 acres located within the City of Redwood City, County of San Mateo, State of California, described in Exhibit A. attached hereto and incorporated herein by reference (the "Property"). B. On November 16, 2015, the City Council of the City of Redwood City adopted, among other approvals, Resolution No. 15458, approving the Vesting Tentative Map for the 601 Marshall Street Project ("Project'), prepared by BKF Engineers and dated June 5, 2015 ("Tentative Map"), subject to certain conditions of approval ("Conditions"). C . The Conditions require either (1) that certain public improvements for the Project be constructed prior to approval of the parcel map ("Final Map" ), or (2) that Developer enter into an agreement with City providing for the future construction of such public improvements. D . Developer has submitted the Final Map and applied to City for Final Map approval without having completed the required public improvements and, therefore, will enter into an agreement with City providing for the future construction and installation of such public improvements, as required by Government Code section 66462(a)(1). E . Developer has submitted to City, and City has approved, plans, specifications and drawings entitled Improvement Plans for 601 Marshall Street, prepared by BKF Engineers and dated Z l , 20_LL�,(the "Improvement Plans"), which, in addition to other improvements, provide for certaiA on-site public improvements consisting of street and street light improvements, storm drain systems, domestic water systems and sanitary sewer systems for the Project (collectively, "Improvements"). F. City and Developer desire to enter this agreement providing for the construction and installation of the Improvements in accordance with the Improvement Plans. REV: 06-21-16 VR Page 1 of 19 ATTY/AGR.2016.126/601 Marshall Street Owner, LLC - IA 2016-06-09