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ti. . � 2013-065242 12:34 pm 04l30l13 AG Fee:NO FEE Count of Pages 23 Recorded in Official Records RECORDING REQUESTED BY � County of San Mateo Mark Church AND WHEN RECORDED MAIL TO: � Assessor-County Clerk-Recorder City of Redwood City ) I IIIIIIII III IIIII IIIII IIIII IIIII IIIII IIII�IIIIII IIII IIIII IIII IIII 1017 Middlefield Road � * R 0 0 0 1 6 5 0 0 7 2 * Redwood City, California 94063 � Attention: City Clerk � ) (Space Above This Line for Recorder's Use Only) �� Exempt from recording fee per Gov.Code§27383. IMPROVEIVIENT AGREEMENT (Elan Redwood City) r THIS IMPROVEMENT AGREEMENT ("Agreement") is made and entered into on i •y�2013 ("Effective Date") by and between Elan Redwood City, LLC, a Delaware limited liability company ("Developer"), and the CITY OF REDWOOD CITY, a charter city and California municipal corporation("City")with reference to the following facts: RECITALS A. Developer is the current fee owner of that certain real property consisting of approximately 2.27 acres located within the City of Redwood City, Co�ulty of San Mateo, State of California, legally described in E�ibit A and depicted in E�ibit B, attached hereto and incorporated herein by reference(the"Property"). B. On October 9, 2012, the Planning Commission of the City of Redwood City adopted, among other approvals, Resolution No. 12-21, approving the Tentative Parcel Map for the Elan Redwood City residential apartment project ("Project"), prepared by BKF Engineers and dated August 31, 2012 ("Tentative Map"), subject to certain conditions of approval("Conditions"). C. The Conditions require that Developer enter into an agreement with City providing for the future construction of such public improvements. D. Developer has submitted the parcel map for the Project ("Parcel Map") and applied to City for Parcel Map approval without having completed the required public improvements and,therefore, will enter into an agreement with City providing for the future construction and installation of such public improvements,as described in the Conditions. E. Developer has submitted to City improvement plans dated April L, 2013 (the "Improvement Plans"), which, in addition to other improvements, provide for certain off-site public improvements consisting of street and street light improvements, storm drain systems, domestic water systems and sanitary sewer systems for the Project(collectively,"Improvements"). F. City and Developer desire to enter an agreement providing for the construction and installation of the Improvements in accordance with the Improvement Plans.