AgdaPkt 2020-03-09 Joint - Laserfiche WebLink

Browse Search

6.C. - Page 8 of 111 RECORDING REQUESTED BY } AND WHEN RECORDED MAIL To: } } City of Redwood City ) 1017 Middlefield Road ) Redwood City, California 94063 } Attention: City Clerk ) (Space Above This Line for Recorder's Use Only) Exempt from recording fee per Gov. Code § 27383. SUBDIVISION IMPROVEMENT AGREEMENT 1180 Mala Street THIS SUBDIVISION IMPROVEMENT AGREEMENT ("Agreement") is made and entered into on this day of , 2020 ("Effective Date") by and between Premia 1180 Main Owner, LLC, a Delaware limited liability company ("Developer"), and the CITY OF REDWOOD CITY, a charter city and California municipal corporation ("City") (together, the "Parties") with reference to the following facts: RECITALS A. Developer is the current fee owner of that certain real property consisting of approximately 1.31 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 July 30, 2019, the Planning Commission of the City of Redwood City adopted, among other approvals, Resolution No. 19-10, approving the Tentative Parcel Map (TM2018-006) for the 1180 Main Street Office Project ("Project"), prepared by BKF Engineers and dated June 27, 2018 ("Tentative Map"), subject to certain conditions of approval ("Conditions"). The Conditions require either (1) that certain public improvements for the Project be constructed prior to approval of the parcel map ("Parcel Map"), or (2) that Developer enter into an agreement with City providing for the future construction of such public improvements. Condition No. 22(e) requires that at the time of the approval of the parcel map, Developer enter into an improvement agreement to, among other things, guarantee the installation of all improvements required of the Project. C. Developer has submitted the Parcel Map and applied to City for Parcel 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 66411.1. D. Developer has submitted to City plans, specifications and drawings entitled 1180 Main Street Improvement Pians, prepared by BKF Engineers and dated , 20_ (the "Improvement Plans"), which, in addition to other improvements, provide for certain on-site public improvements consisting of street and REV: 02-18-20213 PR 35 ATTYIAGR.2020.0251Premia 1180 Main Owner, LLC (Page 1 of 22)