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Agmt25 1900 Broadway Owner LLC
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Agmt25 1900 Broadway Owner LLC
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Last modified
1/22/2025 10:54:25 AM
Creation date
1/22/2025 10:50:44 AM
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Agreement
PROJECT NAME
Affordable Housing Land Donation Agreement
RMP File Number
304
Date
1/21/2025
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Order Number: NCS -1153254 -SC <br />Page Number: 5 <br />INFORMATIONAL NOTES <br />ALERT - CA Senate Bill 2 imposes an additional fee of $75 up to $225 at the time of <br />recording on certain transactions effective January 1, 2018. Please contact your First <br />American Title representative for more information on how this may affect your closing. <br />Taxes for proration purposes only for the fiscal year 2023-2024. <br />First Installment: <br />Second Installment: <br />Tax Rate Area: <br />APN: <br />$40,867.81, 'PAID <br />$40,867.81, PAID <br />09-001 <br />059-240-810 <br />2. According to the latest available equalized assessment roll in the office of the county tax assessor, <br />there is located on the land a(n) Commercial Structure known as 847 Woodside Road, Redwood <br />City, CA. <br />3. According to the pub€ic records, there has been no conveyance of the land within a period of twenty- <br />four months prior to the date of this report, except as follows: <br />None <br />4. This preliminary report/commitment was prepared based upon an application for a policy of title <br />insurance that identified land by street address or assessor's parcel number only. It is the <br />responsibility of the applicant to determine whether the land referred to herein is in fact the land that <br />is to be described in the policy or policies to be issued. <br />5. Should this report be used to facilitate your transaction, we must be provided with the following prior <br />to the issuance of the policy: <br />A. WITH RESPECT TO A CORPORATION: <br />1. A certificate of good standing of recent date issued by the Secretary of State of the corporation's <br />state of domicile. <br />2. A certificate copy of a resolution of the Board of Directors authorizing the contemplated <br />transaction and designating which corporate officers shall have the power to execute on behalf of <br />the corporation. <br />3. A certificate of revivor and a certificate of relief from contract voidability issued by the Franchise <br />Tax Board of the State of California. <br />4. Requirements which the Company may impose following its review of the above material and <br />other information which the Company may require. <br />WITH RESPECT TO A CALIFORNIA LIMITED PARTNERSHIP: <br />1. A certified copy of the certificate of limited partnership (form LP -1) and any amendments thereto <br />(form LP -2) to be recorded in the public records; <br />2. A full copy of the partnership agreement and any amendments; <br />3. Satisfactory evidence of the consent of a majority in interest of the limited partners to the <br />contemplated transaction; <br />4. A certificate of revivor and a certiflcate of relief from contract voidability issued by the Franchise <br />Tax Board of the State of California. <br />5. Requirements which the Company may impose following its review of the above material and <br />other information which the Company may require. <br />First American Title Insurance Company <br />ATTY/AGR/2024.193.1—AFFORDA BLE HOUSING LAND DONATION AGREEMENT- EXHIBIT A-2 -PRELIM INA RY TITLE REPORT <br />REV: 10-22-24 VR <br />Page 5 of 14 <br />
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