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RecDoc 2016-104273 CONF Easement and Maintenance agreement 849 Veterans
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RecDoc 2016-104273 CONF Easement and Maintenance agreement 849 Veterans
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Last modified
10/10/2016 8:13:44 AM
Creation date
10/7/2016 3:21:41 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Easement and Maintenance Agreement
Doc Num
2016-104273 CONF
Rec Date
10/7/2016
Address
849 Veterans
Parties
SRGNC Investors 849 Veterans RWC, LLC
MO Ref
16-164
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DUPLICATE <br /> ORIGINAL <br /> RECORDING REQUESTED BY A �y �p P ' <br /> AND WHEN RECORDED RETURN TO: q 16 - q 104273 N <br /> 10:32 am 10/07/16 AG Fee: NO FEE <br /> City of Redwood City Count of pages 11 <br /> 1017 Middlefield Road Recorded in Official Records <br /> City of Redwood City, CA 94063-0391 County of San Mateo <br /> Attention: City Clerk Mark Church <br /> Assessor-County Clerk-Recorder <br /> Record for the Benefit of II I I II II II I 10 II I I I II II II II <br /> The City of Redwood City * R 0 0 0 2 2 8 6 3 5 4 <br /> Pursuant to Government Code <br /> Section 27383 <br /> Space Above Reserved for Recorder's Use Only <br /> EASEMENT AND MAINTENANCE AGREEMENT <br /> 849 VETERANS BOULEVARD <br /> T s Easement an. M. intenance Agreement ("Easement Agreement") is entered into as of this <br /> 3 day of A_ toy,_ , 2016 ("Easement Agreement Effective Date"), between the City <br /> of Redwood City, a alifornia municipal corporation ("City") and 849 Veterans RWC, LLC, a <br /> Delaware limited liability company ("Owner"). <br /> RECITALS <br /> A. Owner owns fee title to the approximately 1 . 1 -acre site, commonly known as 849 <br /> Veterans Boulevard, in the City of Redwood City, County of San Mateo, State of California, <br /> designated as APN 052-386-060, legally described in Attachment 1 , which constitutes the <br /> entirety of the property that is subject to this Easement Agreement ("Property"). <br /> B. City has approved Architectural Permit AP2015-89 to facilitate Owner's <br /> development and use of the Property with 90 for-rent apartment units, which approval includes a <br /> public pedestrian pathway through the Property as a community benefit, all as more specifically <br /> set forth in the Notice of Official Action dated March 3, 2016 ("Project"). <br /> C. As contemplated by the application materials for the Project submitted to City, <br /> City and Owner now desire that Owner grant to City an easement for use and enjoyment of the <br /> publicly accessible private open space by the general public and provide for the maintenance of <br /> such publicly accessible private open space, all as set forth below. <br /> EASEMENT AGREEMENT <br /> NOW THEREFORE, the parties agree as follows: <br /> 1 . Grant of Easement. For valuable consideration, Owner hereby grants and <br /> dedicates to the City a non-exclusive easement for use and enjoyment by the general public <br /> ("Easement") on, over and across that certain approximately 1 ,763 sq. ft. of real property <br /> located along the southeasterly property line of the Property, as legally described and depicted in <br /> Attachment 2 attached hereto and incorporated herein by reference ("Easement Area"). This <br /> REV: 08-23-16 VR <br /> Page 1 of 5 <br /> ATTY/AGR.2016.232/849 Veterans RWC, LLC - Easement Agreement <br />
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