Agmt25 Property Purchase Agreement _ US Highway 101/ State Route 84

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GRANTOR: PATRICIA A. KREAGER, JUDY ANN FREEMAN, AND JEFF ALAN KREAGER, APN: 052.431-020 (portion of) Co -TRUSTEES OF THE JAMES D. KREAGER AND PATRICIA A. KREAGER FAMILY TRUST PROJECT PARCEL No. 64075 UTA DATED MARCH 13, 1989 PROJECT: LIS HIGHWAY 101 /STATE ROUTE 84 (WOODSIDE ROAD) INTERCHANGE IMPROVEMENT PROJECT EXHIBIT "3" Parcel No. 54073 Kxeager Fwiil;- Trr:st Tenuit-C'tzstoru Trac. Tenant's Waiver and Acknowledgement of construction impacts This Waiver and Acknowledgement ("the Waiver") has been signed 2025, by CUSTOM T8.QCK ("the Tenant") who acknowledges and agrees that there will be construction impacts on the property located at 1485 Veterans Blvd Redwood City,CA 94063 as shown on the attached Exhibit "A" as result of the City of Redwood City's US Highway 11.011. (US 101)/State Route (SR) 84 (Woodside Road) Interchange Improvement Project (Project) and related activities incidental to construction of the Project and construction within the Temporary Construction Easement (TCE), which Is described in Exhibit "B" attached hereto and incorporated herein by this reference, acquired by the City. Said construction activities may impactcertain site improvements within the TCE and may cause temporary disruption to the Tenant. Written notification will be provided prior to the start of the construction activities, and if there is any disruption to the Tenant's use of the Property, the Contractor will provide notification prior to disruption of the Tenant. Upon completion of the construction activities, any impacted site Improvements will be replaced and restored to the property's original condition, as necessary. The overall project is projected to have a three (3) -year construction period, with a thirty-six (36) month TCE term ending June 30, 2029, or sooner dependent on the completion of construction. However, the TCE will not restrict the use of the subject larger parcel, including access and parking. The Tenant understands and confirms that it will discharge and release the City, the State of California and its contractors from disruptions that may occur because of the construction of the Project and construction activities within the TCE and as permitted by the terms of the TCE. The Tenant hereby waives all claims for any compensation against the City, the State of California and its contractors arising out of or relating to the temporary loss of use of the TCE area or disruptions to the Tenant: so long as the disrvptions are permitted by the TCE. This walver shall not act as a baror defenseto claims, orsuits, for future physical damage to Tenant's property arising from accidents caused by construction personnel. In addition, this instrument is not a waiver of any benefits to which the Tenant/Lessee may be entitled under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 as Amended April 2, 1987 and July 6, 2012. Date: By: Name: DO NOT SIGN - EXHIBIT ONLY 4930-18-4115 rl ATTY/RES0.0127/CC RESO.1485 VETERANS BLVD (PURCHASE AGREEMENT) - EXHIBIT A REV: 12-11-25 VR Page 17 of 17