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RECORDINci R1 QUESTED BY AND W1IEN RECORDED MAIL TO: City of Redwood City 1017 Middlefield Road Redwood City, California 94063 Attention: City Cleric 2015-075230 C6W 11 r -Page 3 12:35 pm 07/16/15 ACS Fee: NO FEIN Count of pages 27 Recorded in Official Records County of San Mateo Mark Church Assessor -County Clerk -Recorder 111111111111111111111111111111111111111111111111111111111 * R 0 0 0 2 0 6 0 z 0 9* (Space Above This Lbre_for Recorders Use Onlj) Exempt f om recording lec per Gov. Code § 27383, IMPROVEMENT AGREEMENT Btu Harbor —I Uccelli Boulevard THIS IMPROVEMENT AGREEMENT ("Agreement") is madc and entered into on this" day of_ , 20 ("Effective Date") by and between by and between RWC HARBOR CO TI ES, LC, a Delaware limited liability company ("Developer"), and the CITY OF RED O ITY, a charter city and California minlicipal corporation ("City„) with reference to the fol owing facts: RECITALS A , Developer is the Current fee owner of that certain real property consisting of approximately 13.21 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"). D . On February 4, 2014, the [Tanning Commission of the City of Redwood City adopted, among other approvals, Resolution No. 14-02, approving the Vesting Tentative Map TM2012-02 for 411 residential units ("Project"), prepared by Sandis and dated July 7, 2013 ("'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 final 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 fixture construction and installation of such public improvements, as required by Government Code section 66462(a)(1). E. Developer has submitted to City plans, specifications and drawings entitled Bill Harbor Residential Community Onsite Improvement Plans and Bair Island Road/Uccelli Boulevard Blu Harbor Offsite Improvements, prepared by Saudis and dated May 22, 2015 (the "Improvement Plans"), which, in addition to other improvements, provide for certain 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. Upon approval and recordation of the Final Map, the Property will be divided into four hundred two residential condominium units hereinafter referred to as the "Residential Parcels", and three common area spaces hereinafter referred to as the "Open Space Parcels". REV; 06-04.15 VR Page 1 of 20 ATTY/AGR.2015.1151Blu Harbor