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EXHIBIT C <br />FORM OF GRANT DEED <br />RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO: <br />DONOR <br />DONOR ADDREESS <br />DONOR CITY, STATE, ZIP <br />THE AREA ABOVE IS RESERVED FOR RECORDER'S USE <br />APN No. <br />Documentary Transfer Tax is $ <br />City of Redwood City Transfer Tax is $ <br />[ ] computed on full value of property conveyed, or <br />[ ] computed on frill value less value of liens and encumbrances remaining at time of sale <br />GRANT DEED <br />(Affordable Housing Land Donation) <br />FOR VALUABLE CONSIDERATION, the receipt of which is hereby acknowledged, <br />[Insert Donor Entity], a [insert entity type] (the "Grantor"), <br />hereby grants to [Insert Qualifying Designee], a <br />[insert entity type] (the "Grantee"), fee title to that certain real property (the <br />"Property") described in Exhibit A attached hereto and incorporated in this Grant Deed by this <br />reference. <br />I. The Property is being conveyed subject to that certain Affordable Housing Land <br />Donation Agreement, dated as of [Insert Date] approved by City of Redwood City Council <br />Resolution No. (the "Land Donation Agreement"), the purpose of which is to <br />implement that certain Affordable Housing Plan approved by City Council Resolution No. <br />(the "Affordable Housing Plan") to satisfy the requirements of the Affordable <br />Housing Ordinance, set forth in Article 24 of the Redwood City Zoning Code, as such may be <br />amended. <br />2. The Grantee hereby covenants and agrees, for itself and its successors and assigns, <br />that the Grantee and such successors and assigns shall use the Property solely for the development <br />of affordable housing in compliance with the Land Donation Agreement and that certain <br />Affordable Housing Restrictive Covenant Agreement to be recorded against the Property <br />concurrently herewith, and not for speculation in landholding. <br />ATTY/AGR/2024.193.1—AFFORDABLE HOUSING LAND DONATION AGREEMENT —EXHIBIT C—GRANT DEED <br />REV: 10-22-24 VR <br />Page 1 of 6 <br />