AgdaPkt 2011-09-12 - Laserfiche WebLink

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6.1.F. - Page 11 DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS ESTABLISHING A PLAN FOR CONDOMINIUM OWNERSHIP OF ONE MARINA, A CONDOMINIUM PROJECT This Declaration of Covenants, Conditions and Restrictions Establishing a Plan for Condominium Ownership of One Marina (the "Declaration ") is made on the date hereinafter set forth by the undersigned (the "Declarant ") and is made with specific reference to the following facts: A. Declarant is the owner of a certain tract of land located in the City of Redwood City, County of San Mateo, State of California (the "Property ") which is shown and described on that certain subdivision map entitled Parcel Map No. 2011 -02 (the "Parcel Map ") which was recorded on June 27 2011, in Book 79 of Parcel Maps, at Pages 90 through 92, inclusive, in the Official Records of the County of San Mateo, State of California (the "Official Records "). The Parcel Map subdivides the Property into four parcels: Parcel 1, Parcel 2, Parcel 3 and Parcel 4. B. Parcel 2 shown on the Parcel Map has been further subdivided for condominium purposes by that certain subdivision map entitled Final Map of One Marina for Condominium Purposes (the "Condominium Map ") which was recorded on [ 20[ _], as Instrument No. I 1 in the Official Records. C. Declarant intends to develop portions the Property as a Common Interest Development which shall be a condominium project as defined in California Civil Code Section 1351(f). The Development is intended to be created in conformity with the provisions of the Davis - Stirling Common Interest Development Act (Civil Code Section 1350 et seq.), which provides that a condominium shall consist of an undivided interest in common in a portion of real property coupled with a separate interest in space called a unit. D. Declarant intends by this Declaration to impose upon portions of the Property these mutually beneficial restrictions, easements, assessments and liens under a general plan of improvement and development for the benefit of all of the Owners, the Units and the Common Area within the Development. E. The Property is intended to be developed in two or more Phases. The first Phase (Phase 1) will be subject to this Declaration upon its recordation. Each subsequent Phase will be subject to this Declaration upon the recording of a Declaration of Annexation applicable to each such Phase as provided in Section 2.8 of this Declaration. Declarant may, but has no obligation to, annex all or any portion of the Annexation Property or other portion of the Property to the Development by recording a Declaration of Annexation in compliance with the provisions of this Declaration. Phase 1 will include those portions of the Property described in Section 2.1 of this Declaration and as indicated as part of Phase 1 on the Condominium Plan (defined in Section 1.1 below). Future Phases intended to be annexed into and become part of the Development are portions of the Property referred to herein as the Annexation Property, as further described in Section 1.1 of this Declaration and shown on the Condominium Plan. F. The Owner of a Condominium will receive a separate interest in an individual Unit and an undivided interest in common in the Building Common Area for the building in which the Unit is 1 CCRS -One Marina. docx