Agmt13 Redwood City Partners, LLC

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RECORDING REQUESTED BY ) AND WHEN RECORDED MAIL TO: ) (Space Above Line For Use By Recorder) [Recordation of this Document Is Exempt From Fees Payable to the Recorder Under Government Section Code 27383] CITY OF REDWOOD CITY Notice of Agreement TO ALL INTERESTED PERSONS PLEASE TAKE NOTICE that as of , 2013, Redwood City Partners, LLC, a Delaware limited liability company(the"Developer") and the City of Redwood City, a charter city and California municipal corporation (the "City"}, entered into an agreement entitled "Disposition and Development Agreement" (the "Agreement"). A copy of the Agreement is on file with the City Clerk and is available for inspection and copying by interested persons as a public record of the City duting the regular business hours of the City. The Agreement affects the real property(the "Site") described in Exhibit "A" attached to this Notice of Agreement. The meaning of defined terms used in this Notice of Agreement shall be the same as set forth in the Agreement. Section 1. PLEASE TAKE FURTHER NOTICE that the Agreement contains certain covenants running with the land and other agreements between the Developer and the City ' affecting the Site, including,without limitation, (all section references are to the Agreement): ,' "5.1 No Conveyance to Tax Exempt Entity. 5.1.1 Covenant. The Developer covenants and agrees that during the Covenant Period, neither the Developer, nor its successors or assigns shall Transfer all or any portion of the Site or the Project to any Person or use all or any portion of the Site or the Praject for any use, that is partially or wholly exempt from the payment of property taxes or that would cause the exemption of the payment of all or any portion of property talces otherwise assessable regazding the Site or the Project, without the prior written consent of the City,prior to the expiration of the Covenant Period. Exhibit"F" Form Of Notice Of Agreement Page 2 2013.118/BLOCK 2 HUNTER STORM ' REV:07-2&13 PT