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7.1.F. - Page 64
<br /> DECLARATION OF COVENANTS AND RESTRICTIONS FOR INDIGO,
<br /> A MIXED USE CONDOMINIUM PROJECT
<br /> THIS DECLARATION, made on the date hereinafter set forth, by Downtown RWC Res,
<br /> LLC, a Delaware limited liability company, hereinafter referred to as "Declarant," is made with
<br /> reference to the following facts:
<br /> A. Location of Property. Declarant is the owner of that certain real property (the
<br /> "Property") located in the City of Redwood City, in the County of San Mateo, State of California
<br /> described on the final subdivision map for condominium purposes entitled "Final Map No. , 525
<br /> Middlefield Road, 1 Lot Subdivision for Condominium Purposes" filed for record in the Official
<br /> Records of the County of San Mateo, State of California, on , 2014, in Book
<br /> of [Condominium] Maps, page(s) - (the "Map").
<br /> B. Intention. Declarant has improved the Property by constructing thereon four
<br /> hundred sixty nine (469) Residential Condominiums and two (2) Commercial Condominiums.
<br /> Declarant intends to develop the Project in Phases, as herein defined and described, as a
<br /> "condominium project," as defined in Civil Code Section 4125, to subdivide the properties as
<br /> authorized by Section 66427 of the California Government Code into "condominiums" as defined
<br /> in Section 783 of the Civil Code, and to impose mutually beneficial restrictions under a general
<br /> plan of improvement for the benefit of all the Condominiums created pursuant to the Davis-Stirling
<br /> Common Interest Development Act.
<br /> C. Owner's Interest. The development shall be referred to as the "Project" as defined
<br /> in Section 1.66. The Owner of a Condominium will receive a separate interest in an individual Unit
<br /> and an undivided interest in common in the Common Area of the Project. Each Condominium
<br /> shall have appurtenant to it a membership in the Indigo Community Association, a nonprofit mutual
<br /> benefit corporation, which shall own and manage the Common Area.
<br /> D. Phases. The Project is expected to be developed and marketed in Phases. Phase
<br /> 1 of this Project will be subject to this Declaration upon its recordation. Each subsequent Phase
<br /> will be subject to this Declaration upon the recording of a Declaration of Annexation applicable to
<br /> each such Phase upon annexation by Declarant as provided in Section 2.8.
<br /> E. General Plan of Improvement. Declarant intends by this document to impose upon
<br /> the Project mutually beneficial restrictions under a general plan of improvement for the benefit of all
<br /> of the Condominiums and the Owners thereof.
<br /> NOW, THEREFORE, Declarant hereby declares that Phase 1 shall be held, conveyed,
<br /> mortgaged, encumbered, leased, rented, used, occupied, sold, and improved, subject to the
<br /> following declarations, limitations, covenants, conditions, restrictions and easements, all of which
<br /> are imposed as equitable servitudes pursuant to a general plan for the development of the Project
<br /> for the purpose of enhancing and protecting the value and attractiveness of the Project, and every
<br /> part of it, in accordance with the plan for the improvements of the Project and its division into
<br /> Condominiums. All of the limitations, covenants, conditions, restrictions and easements shall
<br /> constitute covenants that run with the land and are binding upon Declarant and its successors and
<br /> assigns, and all parties having or acquiring any right, title or interest in or to any part of the
<br /> Project or the property in the Project.
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