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<br />RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO: <br /> <br />CITY OF REDWOOD CITY <br />1017 MIDDLEFIELD ROAD <br />BOX 391 <br />REDWOOD CITY, CALIFORNIA 94064 <br />ATTN: <br /> <br />ATTACHMEIT <br /> <br />~ <br /> <br />6.1C <br />Page 20 <br /> <br />) <br />) <br />) <br />) <br />) <br />) <br />) <br />) <br />) <br /> <br />:H <br />~. ~- <br />:: ; - :; ~~ <br />i : : ".: : ~. r. <br /> <br />(Space Above Provided For Recorder) <br /> <br />.~. t ,,: ':' ~ i <br />~ . ", . <br /> <br />~'. ::,' ! <br /> <br />Exempt from Recording:R~e~;Under Govt. Code Section 27383 <br />:. ' ::". ;.:~ ; .. ? : ~ : ~ : <br />..:.....! <br /> <br />,.'.: ......:..'.:.. <br />:d::: :':r~ -:":.::,.::;:f:;. <br />RESALE RESTRICTION AGREEMENT AfJtfoPTION TO PURCHASE <br /> <br />Owner: <br /> <br />Property Address: <br /> <br />Unit: <br /> <br />. ~. <br /> <br /> <br />THIS RESALE RFSTRICTIONAORE~ME:NT{;'A.f\JDnbpTION TO PURCHASE <br />(this uResale Agreemel1t')':'tsfep~ered int6i~~p(tHWs "",o.ct'ay of , <br />200_, by and betwe~h'the City'OtRedwoo~City, a municipal corporation of the State of <br />California, (the LtCJo/') and ". ; , CtOwner"). <br /> <br />':RECIT AtS <br /> <br /> <br />, :.. : ~. ; ; <br /> <br />....., <br /> <br />..... :', ,. <. ".. <br />.:.J ~:,::': ':"> >.[ ':.'::'.;., . , . <br /> <br />,VVHEREAs;~nth~ PI~n'J1ing Commission for the City of Redwood City (the <br />uPla,r;1~ihg CommissibrWl prevj()9~!y approved a Zoning Map Amendment, Precise Plan <br />and\Pl~f)ned CommunitY'l)eveIOpment Permit for the development of a forty-three (43)- <br />unit foUr. (4)- to five (5):';story condominium project (the UProjece) on the certain real <br />property located at 885 WOQdside Drive within the City (the ttproperty"); and <br /> <br />WHERE~S, pur,sU~nt to the terms and conditions of the Precise Plan, as <br />... ". ... :: : ~. ::., "." : ~ <br />approved by theP(apljing Commission and the City Council for the City of Redwood <br />City, a minimum of,;flfteen percent (150/0) of the total number of residential units <br />proposed shall be affordable to very-low, low or moderate-income households based on <br />the County of San Mateo median income; and <br /> <br />WHEREAS, in accordance with the Precise Plant a minimum of fifteen percent <br />(150/0) of the condominium units, each containing one (1) bedroom and one (1) <br />bathroom and each consisting of approximately six hundred fifty square feet (650 sf) to <br />approximately one thousand (1000 sf) have been reserved for purchase and occupation <br />REDW\0001 \DOC\023-2. DOC <br />11/24/08730 HvT <br /> <br />1 <br />