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<br />C;::::;~v~L <br /> <br />AGREEMENT <br />FOR <br />HISTORIC PROPERTY PRESERVATION <br /> <br />THIS AGREEMENT, made and entered into this .!O- day of ~......---"2008, <br />by and between the CITY OF REDWOOD CITY, a charter city and municipal <br /> <br />corporation of the State of California, hereinafter called ("City"), Michelle Gaspar, <br /> <br />hereinafter called ("Owner"); <br /> <br />, ~ <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 />418 Stambaugh Street, Redwood City, California 94063, APN 053-144-030 (hereinafter <br /> <br />such property shall be referred to as the "Historic Property"). A legal description of the <br /> <br />Historic Property is attached hereto, marked as Exhibit "A," and is incorporated herein <br /> <br />by this reference; and <br /> <br />WHEREAS, on June 5, 1989, the City Council of the City of Redwood City <br /> <br />declared and designated the Historic Property as a historic landmark pursuant to the <br /> <br />terms and provisions of Chapter 40, Historic Preservation of the Redwood City <br /> <br />Municipal Code; 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 />A TTY/AGR/2008.111 <br />111308 <br /> <br />1 <br />