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Recording Requested by <br />First American Title Company <br />RECORDING REQUESTED PURSUANT <br />TO GOVERNMENT <br />CODE SECTION 27383 <br />When Recorded Mail TO: <br />City of Redwood City <br />Attn: City Clerk <br />1017'Mi ddlefield Road <br />Redwood City, CA 94063 <br />2022-081041 <br />eRecording Partners Network <br />11:19 am 11/22/2022 AG OP Fee: NO FEE <br />Count of Pages 41 <br />Recorded in Official Records <br />County of San Mateo <br />Mark Church <br />Assessor -County Clerk -Recorder <br />II I I 1I 1I II II I1 111 11 I III I II <br />*$ R 0 0 0 3 3 0 9 8 4 5 $ * <br />No fee required for recording pursuarit to Space Above This Line For Recorder's Use <br />Govenunent Code § 27383 <br />OCCUPANCYIREFJINANCING,AND RESALE RESTRICTION AGREEMENT <br />WITH OPTION TO PURCHA9k <br />CITY OF REDWOOD CITY <br />AFFORDABLE HOUSING PROGRAM <br />Owner: Hugo Alberto Zarco Vargas & Andrea <br />Ver ara Cardenas <br />Address of Home: .1.131Karren Street, #105 <br />CA 940 <br />Redwood City _ <br />. -, 63 <br />Income. Category of Owner: Lower Income' <br />Purchase Price of Ho ' me ('Own6r's Base, <br />:Price"):$ 304,737 <br />This Occupancy, Refinancing,, and Resale Rei r�iclion Agreement witli Option to <br />Purchase (the "Agreement") is entered into as of this l'b d4yof tJOW4\bter; 2622(the <br />"Effective Date"),, by and between the City of Redwood City,- a charter city and municipal <br />corporation (the "City") and: Hugo Alberto Zarco Vargas & Andrea Vergara Cardenas (the <br />"Owner"). <br />RECITALS <br />A. The City, through the former Redevelopment Agency of the City of Redwood <br />City (the "Agency 7% adopted a program .pursuant to which 'it entered into agreements with <br />certain housing developers, requiring those housing developetsto sell certain housing units <br />to low and moderate income.fir§t-time homebuyerS (the "First Time Homebuyer Program"). <br />REV: 06-30- , 22 SK <br />ATTY/AGR.2022.166/Hugo Alberto Zarco Vargas & Andrea Vergara Cardenas (Page 1 of 40) <br />