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IMPACT FEE DEFERRAL AGREEMENT TEMPLATE <br />CITY ATTORNEY APPROVED VERSION REV: 06-10-25 VR <br />Page 9 of 11 <br />RECORDING REQUESTED BY ) <br />AND WHEN RECORDED RETURN TO: ) <br /> ) <br />City of Redwood City ) <br />1017 Middlefield Road ) <br />Redwood City, California 94063 ) <br />Attn: City Clerk ) <br /> <br />(Space Above This Line for Recorder's Use Only) [Exempt <br />from recording fee per Gov. Code § 27383) <br />RELASE OF LIEN UPON REAL PROPERTY <br />FOR PAYMENT OF DEVELOPMENT IMPACT FEES <br /> <br />WHEREAS, on __________, ___________________________ (“Developer”) and the <br />City of Redwood City, a charter city and municipal corporation (“City”), entered into an <br />Development Fee Deferral Agreement (“Agreement”), which created a lien to secure deferred <br />payment of development impact fees. This Agreement was recorded as Document No. <br />_________________________________________________________ in the Official Records of <br />the County of San Mateo, California. <br /> <br />WHEREAS, Developer has satisfied the conditions for the release of lien encumbering <br />certain property under the Agreement; <br /> <br />NOW, THEREFORE, the City hereby releases all of its right, title, and interest to the lien <br />in the Affected Property consisting of real property described in Exhibit A of the Agreement and <br />reproduced as Exhibit 1, which is attached to and incorporated a part of this Release. <br /> <br /> <br /> <br />(Signature page follows) <br /> <br />6.L. - Page 18 of 20 <br />396