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� 2015-120680 <br /> 10:31 am 11117115 AG Fee: NO FEE <br /> �� Count of Pages 21 <br /> � RECORDING REQUESTED BY � Recorded in Official Records <br /> County of San Mateo <br /> AND WHEN RECORDED MAIL TO: � Mark Church <br /> 1 Assessor-Count�Clerk-Recorder <br /> City of Redwood City ) II II II III I II III I I I)II IIII I I III III <br /> 1017 Middlefield Road I IIIIIII II I * <br /> ) * ROOOZ � zo9a5 <br /> Redwood City, Califomia 94063 ) <br /> Attention: City Clerk ) <br /> > (Space Above This Line for Recorder's Use Only) <br /> Exempt from recording fee per Gov.Code§27383. �1 n <br /> � <br /> IMPROVEMENT AGREEMENT r <br /> (550 Allerton Street) <br /> � T S IMPRO�MENT AGREEMENT("Agreement")is made and entered into on this�day of_ <br /> ��!�Q�titi�20t J ("Effective Date")by and between by and between Premia South County, <br /> LLC, a Delaware limited liability company("Developer"), and the CITY OF REDWOOD CITY, <br /> a charter city and California municipal corporation("City")with reference to the following facts: <br /> RECITALS <br /> A . Developer is the current fee owner of that certain real properiy consisting of <br /> approximately 0.3 acres located within the City of Redwood City, County of San Mateo, State of <br /> California,described in Exhibit A,attached hereto and incorporated herein by reference(the"Properly"). <br /> B. On June 10, 2015, the Subdivision Committee of the City of Redwood City approved <br /> the Tentative Parcel Map for the 550 Allerton Street Project("Project"),prepared by BKF Engineers and <br /> dated June 1,2015 ("Tentative Map"), subject to certain conditions of approval("Conditions"). <br /> C . The Conditions require either (1) that certain public improvements for the Proj ect be <br /> constructed prior to approval of the parcel map ("Final Map"), or (2) that Developer enter into an <br /> ageement with City providing for the future construction of such public improvements. <br /> D . Developer has submitted the Final Map and applied to City for Final Map approval <br /> without having completed the required public improvements and, therefore, will enter into an agreement <br /> with City providing for the future construction and installation of such public improvements, as required <br /> by Government Code section 66462(a)(1). <br /> E. Developer has submitted to City plans,specifications and drawings entitled Improvement <br /> Plans for 550 Allerton Street, prepared by BKF Engineers and dated , 20_ (the <br /> "Improvement Plans"), which, in addition to other improvements, provide for certain on-site public <br /> improvements consisting of street and street light improvements, storm drain systems, domestic water <br /> systems and sanitary sewer systems for the Project(collectively,"Improvements"). <br /> F. City and Developer desire to enter this agreement providing for the construction and <br /> installation of the Improvements in accordance with the Improvement Plans. <br /> REV: 10-12-15 VR <br /> Page 1 of 19 <br /> ATTY/AGR.2015.229/Premia 550 Owner, LLC <br />