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10/11/2010 Exhibit B Agreement for Storefront Improvement Program GRANT AND MAINTENANCE AGREEMENT This Grant and Maintenance (the 9 reement the Agreement "Agreement") is made and entered into 9 as of the of between the Redwood City Redevelopment Agency, a public body, corporate and politic, duly organized and existing under the laws of the State of California ( "Agency "), a municipal corporation community redevelopment agency, and ,[ owner(s)] [ lessor(s)] of certain real property ( "Grantee "). RECITALS A. The Agency is presently sponsoring a Storefront Improvement Program to encourage property and business owners to rehabilitate and revitalize commercial /retail buildings within a targeted area of the redevelopment project area of Redwood City. B. The Agency finds that such rehabilitation and revitalization will assist in the elimination of blight in the targeted area and also assist with retaining and attracting businesses and increasing job opportunities. C. Grantee are presently the [property owner] [lessor] of certain commercial real property located within the targeted area commercial district. D. Grantee has participated in the application process for a grant under the Storefront Improvement Program (the "SIP "). Agency has evaluated Grantee's proposed improvements and has determined that Grantee meets the eligibility criteria for the Storefront Improvement Program. In addition, Agency is willing to reimburse Grantee for certain Design Assistance Services (DAS) for Grantee's proposed improvements, on the terms and conditions specified herein. E. Grantee desires to enter into an agreement with the Agency for assistance in making certain improvements (the "Work ") to Grantee's commercial real property located at (the "Property "), as the Work is further set forth in that Scope of Work (the "Scope of Work ") attached to this Agreement as Attachment A and incorporated herein by reference, and the Agency is willing to do so on the terms and conditions set forth herein. NOW THEREFORE, in consideration of the mutual agreements herein contained, the parties agree as follows: 1. TERMS OF REIMBURSEMENT. In developing the improvements to be installed and constructed as part of the Scope of Work, Grantee utilized the design services of a design professional approved by Agency, and Agency has determined that a portion of the costs incurred by Grantee for such design services is eligible for reimbursement under the DAS program. Upon (i) submission of evidence reasonably satisfactory to Agency of the costs incurred and paid by Grantee to such design professional, and (ii) the commencement of construction of the improvements described in the Scope of Work, 1 ATTY /AGR/2010.112 #RD 10 -08 10/13/10 MUFF #405