RecDoc 2016-104273 Easement and Maintenance agreement 849 Veterans)

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�- - ORIGINAL RECORDING REQUESTED BY 2016-104273 AND WHEN RECORDED RETURN TO: 10:32 am 10107116 AG Fee: NO FEE Cit of Redwood Cit Count of Pages 11 y y Recorded in Official Records 1017 Middlefield Road County of San Mateo City of Redwood City, CA 94063-0391 Mark Church Assessor-Count Clerk-Recorder Attention: City Clerk III I I II II II I I I�II I I I II I I I I II Record for the Benefit of * R 0 0 o Z 2 8 6 3 5 4 * The City of Redwood City Pursuant to Government Code Section 27383 ��. Space Above Reserved for Recorder's Use Only EASEMENT AND MAINTENANCE AGREEMENT 849 VETERANS BOULEVARD This Easemen nd Maintenance Agreement ("Easement AgreemenY') is entered into as of this � day of� 016 ("Easement Agreement Effective Date"), between the City f Redwood Cit a Ca ifornia munici al co oration "Ci " and 849 Veterans RWC, LLC, a o Y� P 1P � tY ) Delaware limited liability company("Owner"). RECITALS A. Owner owns fee title to the approximately 1.1-acre site, commonly known as 849 Veterans Boulevard, in the City of Redwood City, County of San Mateo, State of California, designated as APN 052-386-060, legally described in Attachment l, which constitutes the entirety of the property that is subject to this Easement Agreement("Property"). B. City has approved Architectural Permit AP2015-89 to facilitate Owner's development and use of the Property with 90 for-rent apartment units, which approval includes a public pedestrian pathway through the Property as a community benefit, all as more specifically set forth in the Notice of Official Acfiion dated March 3, 2016("Project"). C. As contemplated by the application rnaterials for the Project submitted to City, City and Owner now desire that Owner grant to City an easement for use and enjoyment of the publicly accessible private open space by the general public and provide for the maintenance of such publicly accessible private open space, all as set forth below. EASEMENT AGREEMENT NOW THEREFORE, the parties agree as follows: l. Grant of Easement. For valuable consideration, Owner hereby grants and dedicates to the City a non-exclusive easement for use and enjoyment by the general public ("Easement") on, over and across that certain approximately 1,763 sq. ft. of real property located along the southeasterly property line of the Property, as legally described and depicted in Attachment 2 attached hereto and incorporated herein by reference ("Easement Area"). This REV:08-23-16 VR Page 1 of 5 ATTY/AGR.2016.232/849 Veterans RWC, LLC-Easement Agreement