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. � , 2014-058387 3:17 pm 07/02/14 AG Fee: NO FEE Gount of Pages 21 Recorded in Official Records RECORDING REQUESTED BY � County of San Mateo AND WHEN RECORDED MAIL TO: � Mark Church � Assessor-Count Clerk-Recorder City of Redwood City ) I IIIIIIII III IIIII IIIII IIIII IIIII�illl 1017 Middlefield Road ) * R 0 0 0 IIIII IIIII IIIII IIIIIIIIIIIII Redwood City,California 94063 ) 1 8 7 2 3 p 9 * Attention: City Clerk ) ) (Space Above This Line for Recorder's Use Only) Exempt from recording fee per Gov.Code§27383. IMPROVEMENT AGREEMENT Classics At Redwood City THIS IMPROVEMENT AGREEMENT("Agreement")is made and entered into on this.�day of_ ,20� "Effective Date'�by and between by and between Classic RWC 1856,L.P.,a �` Cal f rnia ' 'ted p erslup ("Developer"), and the CTTY OF REDWOOD CTTY,a charter city and C ifornia municipal corporation("City")with reference to the following facts: RECITALS A. Developer is the current fee owner of that certain real properry consisting of approximately_.52 acres located witlun the City of Redwood City, County of San Mateo, Sta.te of California,described in Exhibit A,attached hereto and incorporated herein by reference(the"Property"). B. On April 16, 2013, the.Planning Commission of the City of Redwood City adopted, among other approvals,Resolution No. 13-06, approving the Vesting Tentative Map for the Classics At Redwood City("ProjecY'),prepared by BKF Engineers and dated February 14, 2013 ("Tentative Map"), subject to certain conditions of approval("Conditions"). C. The Conditions require either (1) that certain public improvements for the Project be constructed prior to approval of the final map ("Final Map"), or (2) that Developer enter into an agreement with City providing for the future construction of such public improvements. D. Developer has submitted the Final Map and applied to Ciry for Final 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 required by Government Code section 66462(a)(1). E. Developer has submitted to City plans, specifications and drawings entitled Classics At Redwood City Improvement Plans, prepared by BKF Engineers and dated February 27, 2014 (the "Ixnprovement Plans"), which, in addition to other improvements, provide for certain on-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. Upon approval and recordation of the Final Map,the Property will be merged into one(1) legal parcel and subsequently subdivided pursuant to a Condominium Plan into eighteen(18)residential condominium units hereinafter referred to as the "Residential Units" and homeowner association common areas hereinafter referred to as the"Open Space Parcels". REV:06-05-14 VR Page i of 19 ATTI(/AGR.2014.090/RWC 1856_755 Brewster(IA)