RecDoc 2018-075527 IA 601 ECR - Laserfiche WebLink

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2018-075527 CONF 11:40 am 09/27/18 AG Fee: NO FEE RECORDING REQUESTED BY ) Count of pages 22 AND VAiENRECORDEDMAiLTo: ) Recorded in Official Records County of San Mateo City of Redwood City ) Mark Church 1017 Middlefield Road ) Assessor County Clerk -Recorder Redwood City, California 94063 ) II I II II II I I I ` I BII I 1P (III II Attention: City Clerk ) *$ R 0 0 0 2 6 1 1 4 0 6 $ (SpaceAbove This LineforRecorder's Use Oaly) Exempt fmmrecmding ke per Gov. Code § 27393. T13I$ IMPROVEMENT AGREEMENT ("Agreement') is made and entered into on this _ day of- �¢ , 20jfe"Effective Date) by and between by and between KB Home South Bay. Inc.. a CsNifornia. corporation ("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 1.09 acres located within the City of Redwood City, County of San Mateo, State of California, described m Exhibit attached hereto and incorporated herein by reference (the "Property"). B. On October 17, 2017, the Planning Commission of the City of Redwood City adopted, among other approvals, Resolution No. 17-15, approving the Tentative Map for 601 El Camino Real ("Project % prepared by BKF Engineers and dated June 30, 2017 (`°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 future 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 601 El Camino Improvement Plans, prepared by BKF Engineers and dated ,�,,4/ (� 20 kv (the "Improvement Plans"), which, in addition to other improvements, provide for certain on-site public improvements consisting of street and street light improvements, stomadrain 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 thirty three residential condominium units hereinafter referred to as the "Residential Parcels". G . City and Developer desire to enter this agreement providing for the construction and installation of the Improvements in accordance with the Improvement Plans. ATIY/AGR/FORM 3UBDMSION IMPROVEMENTAGREEMENT REV: 0948-15 VR Page 1 of 39 ATfY/AGR.2018.136/601 EI Camino Subdivision Improvement Agreement