Reso PC22-09 0083 PC Reso Recommending General Plan Amendment Approval Harbor View Project

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Exhibit F-1 ATTY/AGR/2022.389/HARBOR VIEW PROJECT DEVELOPMENT AGREEMENT REV: 10-28-2022 VR EXHIBIT F FORM OF AFFORDABLE HOUSING COVENANT RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of Redwood City 1017 Middlefield Road Redwood City, CA 94063 Attention: City Clerk NO FEE FOR RECORDING PURSUANT TO GOVERNMENT CODE SECTION 27383 APNs: REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS [INSERT EITHER – “33, 44, and 50 Renato Court” or “86 Renato Court”] This REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS (the “Agreement”) is made and entered into as of _________, 202_, by and between the CITY OF REDWOOD CITY, a California charter city and municipal corporation (the “City”) and SAINT FRANCIS CENTER OF REDWOOD CITY, a California nonprofit public benefit corporation (the “Owner”). City and Owner are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” RECITALS A. These Recitals refer to and utilize certain capitalized terms which are defined in Article 1 of this Agreement. The Parties intend to refer to those definitions in connection with the use of capitalized terms in these Recitals. B. The City and Harbor View Property LLC (“Developer”) entered into that certain Development Agreement dated ____, 202__ (the “Development Agreement”), whereby the City and Developer established and documented certain development rights and obligations pertaining to property owned by Developer. C. Pursuant to the Development Agreement Developer has agreed to sell other real property owned by Developer located at [INSERT AS APPLICABLE – “33, 44 and 50 Renato Court” or “86 Renato Court”] [INSERT AS APPLICABLE – “(APNs _____________)” or “(APNs )”] (the “Property”) to Owner, consisting of [INSERT FOR 33, 44 AND 50