Reso25-02 0024 PC Reso 901 El Camino Real

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EXHIBIT G Page 1 of 42 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 SECTIONS 6103 AND 27383 APN: _________________ (Space above for Recorder's Use) This Agreement is recorded at the request and for the benefit of the City of Redwood City and is exempt from the payment of a recording fee pursuant to Government Code Sections 27383. AFFORDABLE HOUSING RESTRICTIVE COVENANTS AGREEMENT (920 Shasta Street) This Affordable Housing Restrictive Covenants Agreement (the “Agreement”) is made and entered into as of ________ __, ____, by and between the City of Redwood City, a California charter city (the “City”), and , a California limited partnership, and permitted successor and assigns approved by the City (the “Affordable Developer”) (together, 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. In June 2018, the City adopted Ordinance 1130-375, the Affordable Housing Ordinance, set forth in Article 29 of the Redwood City Zoning Code, as amended (the “Ordinance”) which requires that specified new nonresidential development projects and residential development projects construct affordable units on-site or pay a housing impact fee as specified in Section 29.3 of the Ordinance. The Ordinance allows, under specified circumstances, a developer to propose alternative means of compliance. C. El Camino Real Holdings JV LLC, a California limited liability company (“Developer”) on behalf of KM-ECR, LLC, a California limited liability company (Developer’s affiliate company hereinafter referred to as “Donor”) submitted an application for development of ATTY/RESO.0024/PC RESO 901 EL CAMINO REV: 04-11-25 VR