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6.C. - Page 4 of 37 RECORDING REQtTESTED BY ) AND WHEN RECORDED MAIL TO: ) City of Redwood City ) 1017 Middlefield Road ) Redwood City, California 94063 ) Attention: City Clerk ) 2015-125732 N 10:08 am 11/30/16 AG Fee: NO FEIN Count of pages 22 Recorded in Official Records County of San Mateo Mark Church Assessor -County Clerk -Recorder IIIIIIIIIII III IIIIII 11111111111111111111111111111111111111111111111111 * R 0 0 0 2 1 2 7 1 5 7* (Space Above nis bine for Recorder's Use Only) Exempt From recording Fee per Gov. Code § 27383. IMPROVEMENT AGREEMENT 718 Canyon Road and 761, 763, and 765 Bain Place, Redwood City, CA 94064 NJS 1 PROVEMENT AGREEMENT ("Agreement") is made and entered into on thi� day of , 20 ("Effective Date") by and between by and between Ernst Develo anent Cor op ation, a Californiar&rporation ("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 0.80 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 January 17, 2006, the Planning Commission of the City of Redwood City approved a Tentative Parcel Map 2005-08 for 718 Canyon Road and 761, 763, and 765 Bain Place ("Project"), prepared by MacLeod and Associates, Inc. and dated October, 2005 ("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 plans, specifications and drawings entitled 718 Canyon Road Improvement Plans, prepared by MacLeod and Associates, and dated January 30, 2014 (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"). R Upon approval and recordation of the Final Map, the Property will be divided into four residential lots hereinafter referred to as the "Residential Parcels". G. City and Developer desire to enter an agreement providing for the construction and installation of the Improvements in accordance with the Improvernent Plans. ATTYIAGRl2015.1271718 CANYON SUBDIVISION IMPROVEMENT AGREEMENT REV:06-22-15 VR Page 'I of 20 54