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�� � 1 <br /> . , � .. � s <br /> 201fi-038479 <br /> 4:25 pm 04126/16 AG Fee:NO FEE <br /> Count of Pages 24 <br /> RECORDING REQUESTED BY � Recorded in Official Records <br /> County of San Mateo <br /> ArtD WxEN RECO�tnEV M�u,To: � Mark Church <br /> � Assessor-Count Clerk-Recorder <br /> City of Redwood City � I IIIIIII II III I III II II II IIIII I II III I IIII IIIII IIII IIII <br /> 1017 M�ddlefield Road ) * R o o a z � 9 6 6 7 s * <br /> Redwood City, California 94063 ) <br /> Att�ntion: City Clerk � <br /> ) (Space.lbovc?liis Line forReco�er's Uae Only) V IJ\� <br /> Bxempt from recording fee per Gov.Cocte§27383. �� <br /> IlVIPROVEMENT AGREEMENT � <br /> 1305 El Ca�nino Real <br /> S ROVE AGREEMENT'("Agraement")is made and entered into on this��day <br /> of , 20 ("Effective Date") by and between by and between RWC ECR <br /> Ven , C, Delaw limited liability company ("Devoloper'�, and the CIT'Y OF <br /> REDWOOD CTTY, a charter city a�d California municip�l corporation ("Cit}�') with reference <br /> to the following facts: <br /> RECITALS <br /> A . Developer is the currcnt fee owner of that certain real property consistin� of <br /> appmximately 0.8 acres located within the City of Redwood City, County of San Matco, State of <br /> Califoraia,described in E�cl�ibit A.attached hereto and incorporated h�in by rcference(the"Pr�operty"). <br /> B. On May 15, 2015, the Planning Commission of the City of Rcdwood City aciopted, <br /> among other approvals, Resolution No. 15-08, appmving the Vesting Tentativt Paa+cel Map far tt�e 1305 <br /> El Camino Real Projcct("Proje�t"), prcpared by Talus, Inc. and dated May 6, 2015 ("Tcntative Map'�, <br /> subject to certain conditic�ns of approval("Conditioas'�. <br /> C . The Conditions require either (1) that certain public improvements fc�r the Praj ect be <br /> construct�d prior to appmval of the parcel map ("Fin�UParcel Map'�, or(2) that Developer entcr into an <br /> agreement 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 �ppr+oval <br /> without having completed the rcquircd public improvement� and, thereforc,will enttr into an agrecment <br /> with City providing for the future constcuction and installation of such public improvements,a�requir�d <br /> by Govemment Code section 66462(a)(1). <br /> E. Dcveloper has submitted to City plans,specifications and drawiags entitled Improvement <br /> Plans for Greystar — Redwaod City 137, prepared by Talu�, Inc. aad dated , 20,,, (the <br /> "Improvement Plans"), which, in addition to other improvements, provide for certa:in on-sito public <br /> improvements consisting of street and street light irnprovements, storm drain systems, dome5tic w�ter <br /> syst�ms and sanitary sewer systems for the Project(collectively,"Improvements"). <br /> F. City and Developer desire to enter this agreement providing for the consduction and <br /> installation of the Improvements in�ccordance with the Improvement Plans. <br /> REV:01-21-16 VR <br /> Pa�e i of 19 <br /> ATTY/AGR.2016.009/RWC ECR Venture, LLC-IA <br />