RecDoc2023-000975 Harbor View Property LLC.

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TABLE OF CONTENTS Page ARTICLE 1. DEFINITIONS...............................................................................................3 Term...............................................................................................13 Section1.1 Definitions........................................................................................3 City Representations and Warranties.............................................14 ARTICLE 2. GENERAL PROVISIONS............................................................................8 Section 4.4 Section 2.1 Ownership of Property.....................................................................8 ARTICLE 5. DEVELOPMENT OF PROPERTY.............................................................15 ARTICLE 3. PUBLIC BENEFITS......................................................................................8 Section 3.1 Public Benefits Obligations.............................................................8 Section 3.2 Affordable Housing.........................................................................8 Section 3.3 Developer Contributions for Parks and Recreation .......................10 Section 5.3 Section 3.4 Contributions for Education...........................................................10 Section 5.4 Section 3.5 Transportation Improvements and Contributions ..........................11 Section 3.6 Subdivision Improvement Agreement...........................................12 Section 3.7 Sales Tax Point of Sale Designation..............................................12 Section 3.8 City of Redwood City Business License.......................................12 ARTICLE 4. EFFECTIVE DATE AND TERM...............................................................13 Section 4.1 Effective Date................................................................................13 Section4.2 Term...............................................................................................13 Section 4.3 City Representations and Warranties.............................................14 Section 4.4 Developer Representations and Warranties...................................14 ARTICLE 5. DEVELOPMENT OF PROPERTY.............................................................15 Section5.1 Vested Rights.................................................................................15 Section 5.2 Reservations of Authority..............................................................16 Section 5.3 Regulation by Other Public Agencies............................................16 Section 5.4 Life of Project Approvals; VTTM Conflicts.................................16 Section5.5 Initiatives........................................................................................17 Section 5.6 Timing of Development.................................................................17 Section 5.7 Changes in the Law........................................................................17 Section 5.8 Sanitary Sewer and Potable Water Capacity.................................18 Section 5.9 Conditions of Subsequent Approvals.............................................18 Section 5.10 Project Approvals and Applicable City Regulations .....................18 ARTICLE 6. FEES, TAXES AND ASSESSMENTS.......................................................18 ATTY/AGR/2022.389/HARBOR VIEW PROJECT _i_ DEVELOPMENT AGREEMENT REV: 10-28-2022 VR