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AgdaPkt 2018-08-27 Joint SA PFA
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AgdaPkt 2018-08-27 Joint SA PFA
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Last modified
9/16/2019 9:42:01 AM
Creation date
8/23/2018 6:18:26 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
8/27/2018
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6.1.B. - Page 7 <br />RECORDING REQUESTED BY <br />AND WHEN REcoRDED MAm To: <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attention: City Cleric <br />(Space Above This Line for Recorder's Use Only) <br />Exempt from recording fee per Gov. Code § 27383. <br />]IMPROVEMENT AGREEMENT <br />601 El Camino Real <br />THIS IMPROVEMENT AGREEMENT ("Agreement") is made and entered into on this _ day of _ <br />.20 ("Effective Date") by and between by and between KB Home South Bay. Inc.. <br />a California corporation ("Developer"), and the CITY OF REDWOOD CITY, a charter city and <br />California municipal corporation ("City") with reference to the following facts: <br />RECITALS <br />A . Developer is the current fee owner of that certain real property consisting of <br />approximately 1.09 acres located within the City of Redwood City, County of San Mateo, State of <br />California, described in Exhibit A. attached hereto and incorporated herein by reference (the "Property"). <br />B . On October 17, 2017, the Planning Commission of the City of Redwood City adopted, <br />among other approvals, Resolution No. 17-15, approving the Tentative Map for 601 El Camino Real <br />("Project"), prepared by BKF Engineers and dated Tune 30, 2017 ("Tentative Map"), subject to certain <br />conditions of approval ("Conditions"). <br />C . The Conditions require either (1) that certain public improvements for the Project be <br />constructed prior to approval of the final map {"Final Map"), or (2) that Developer enter into an <br />agreement with City providing for the future construction of such public improvements. <br />D . Developer has submitted the Final Map and applied to City for Final Map approval <br />without having completed the required public improvements and, therefore, will enter into an agreement <br />with City providing for the future construction and installation of such public improvements, as required <br />by Government Code section 66462(x)(1). <br />F . Developer has submitted to City plans, specifications and drawings entitled 601 El <br />Camino Improvement .Plans, prepared by SKF Engineers and dated , 20_ (the <br />"Improvement Plans"), which, in addition to other improvements, provide for certain on-site public <br />improvements consisting of street and street light improvements, storm drain systems, domestic water <br />systems and sanitary sewer systems for the Project (collectively, "Improvements"). <br />F. Upon approval and recordation of the Final Map, the Property will be divided into thirty <br />three residential condominium units hereinafter referred to as the "Residential Parcels". <br />G . City and Developer desire to enter this agreement providing for the construction and <br />installation of the Improvements in accordance with the Improvement Plans. <br />ATrY/AGR/FORM SUBDIVISION IMPROVEMENT AGREEMENT <br />REV: 09-28-15 VR <br />Page 1 of 18 <br />ATTY/AGR.2018.136/601 EI Camino Subdivision Improvement Agreement <br />
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