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<br />ORIGINAL <br /> <br />AGREEMENT <br />FOR <br />HISTORIC PROPERTY PRESERVATION <br /> <br />THIS AGREEMENT, made and entered into this LD day of l\t'ceJ'('"\b-e-r <br /> <br />2007, by and between the CITY OF REDWOOD CITY, a charter city and municipal <br /> <br />corporation of the State of California, hereinafter called ("City"), and Juan and Pamela <br /> <br />Guardado hereinafter called ("Owner"); <br /> <br />WIT N E SSE T H: <br /> <br />WHEREAS, California Government Code Sections 50280, et. seq. authorize <br /> <br />cities to enter into contracts with the owners of qualified historical property to provide for <br /> <br />the use, maintenance and restoration of such historical property so to retain its <br /> <br />characteristics as property of historical significance; and <br /> <br />WHEREAS, Owner(s) possess(es) fee title in and to that certain real property, <br /> <br />together with associated structures and improvements thereon, and generally located at <br /> <br />702 Warren Street Redwood City, California 94062 (hereinafter such property shall be <br /> <br />referred to as the "Historic Property"). A legal description of the Historic Property is <br /> <br />attached hereto, marked as Exhibit "A," and is incorporated herein by this reference; <br /> <br />and <br /> <br />WHEREAS, City and Owner, for their mutual benefit, now desire to enter into this <br /> <br />agreement both to protect and preserve the characteristics of historical significance of <br /> <br />the Historic Property and to qualify the Historic Property for an assessment of valuation <br /> <br />pursuant to the provisions of Chapter 3, of Part 2, of Division 1 of the California <br /> <br />Revenue and Taxation Code. <br /> <br />ATTY/AGR/2007.096 <br />11 0507 <br /> <br />1 <br />