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RECORDING REQUESTED BY <br />AND WHEN RECORDED RETURN TO: <br />City of Redwood City <br />1017 Middlefield Road <br />City of Redwood City, CA 94063-0391 <br />Attention: City Clerk <br />Recorded for the Benefit of <br />City of Redwood City <br />Pursuant to Government Code <br />Section 27383 <br />Space Above Reserved for Recorder's Use Only <br />AGREEMENT REGARDING IMPROVEMENTS IN RIGHT-O&WAY, WAIVER, <br />RELEASE AND HOLD HARMLESS <br />THIS AGREEMENT REGARDING IMPROVEMENTS IN RIGHT-OF-WAY, <br />WW EVASE AND HOLD HARMLESS ("Agreement") is entered into as of <br />S , 201q(the "Effective Date"), by and between the City of Redwood City, a <br />mun ipal corporation ('City") and 855 Main Street RWC, LLC, a California Limited Liability <br />Company ("Owner"). City and Owner may hereinafter be referred to individually as a "Party" <br />or collectively as the "Parties". <br />RECITALS <br />A. Owner is the owner of that certain real property located at 851 Main Street, <br />Redwood City, California, as more particularly described in Exhibit A, attached hereto and <br />incorporated herein by this reference (the "Property"). Owner applied to the City for an <br />encroachment permit to install shoring piles, anchors and other improvements (the <br />"Improvements") within the City's right-of-way ("Right -of -Way") adjacent to the Property. <br />B. Owner is installing the Improvements as part of, and as necessary with respect to, <br />the construction of structures on the Property. <br />C. Special Provision No. 9 of Encroachment Permit No.C� c-',Ohe "Encroachment <br />Permit"), granting the permit and allowing the construction of the Improvements within the Right - <br />of -Way, requires that Owner remove all of its Improvements, at its own expense, when directed to <br />do so by City. <br />D. Owner desires to abandon in place the shoring piles at least five feet below grade <br />and leave the anchors permanently in the Right -of -Way, and City agrees to such abandonment <br />subject to the terms and conditions herein. <br />E. City and Owner desire to enter into this Agreement to set forth an exception to <br />Page 1 of 6 <br />ATFY/AGR/2018.190/855 MAIN STREET RWC, LLC <br />REV: 10-11-18 PR <br />