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6.C. - Page 1 of 111 <br />/<�ik <br />Redwood <br />CitylCallifornia <br />Faunded 1867 <br />A,&/ <br />DATE: March 9, 2020 <br />SUBJECT <br />STAFF REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br />Parcel map and associated agreements for the development at 1180 Main by Premia 1180 Main Owner, <br />LLC <br />RECOMMENDATION <br />1. By motion, approve the parcel pap for the development at 1180 Main; <br />2. By motion, approve and authorize the City Manager to execute a subdivision improvement agreement <br />with Premia 1180 Main Owner, LLC; <br />3. By motion, approve and authorize the City Manager to execute a landscape maintenance agreement <br />with Premia 1180 Main Owner, LLC; <br />4. By motion, approve and authorize the City Manager to execute a stormwater treatment measures <br />maintenance agreement with Premia 1180 Main Owner, LLC; <br />5. By motion, approve and authorize the City Manager to execute a shared parking covenant with Premia <br />1180 Main Owner, LLC; <br />6. By motion, approve and authorize the City Manager to execute an affordable housing impact fee <br />agreement with Premia 1180 Main Owner, LLC and HIP Housing Development Corporation; and <br />7. By motion, approve and authorize the City Manager to execute an affordable housing regulatory <br />agreement and declaration of restrictive covenants with HIP Housing Development Corporation. <br />STRATEGIC PLAN GUIDING PRINCIPLES <br />Economic Vitality <br />BACKGROUND <br />The project, located on the block surrounded by Main, Maple, Lathrop, and Elm Streets and the Caltrain <br />right-of-way (ROW), includes the merging of two existing parcels totaling 1.31 acres into one parcel and <br />Page 1 of 3 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />