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<br />DOC 1:1 <br /> <br />1999-193033 <br /> <br />RECORDING REQUESTED BY, AND <br />WHEN RECORDED MAIL TO: <br /> <br />ConforMed Copy 11/22/1999 <br /> <br />Warren Slocum <br />Assesser-County:lerk-Qecorder <br /> <br />City of Redwood City <br />City Hall <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attn: City Manager ~ R \:: <br /> <br />DUPLICATE <br />ORIGINAL <br />OFFER AND AGREEMENT TO DEDICATE EASEMENT <br /> <br />This Offer and Agreement to Dedicate Easement ("Offer and Agreement") is <br />made this\~day ohç:k:, 1999, by Flatirons Funding, Limited Partnership, a <br />Delaware limited partnership ("Flatirons") to the City of Redwood City, a municipal <br />corporation of the State of California ("City"). <br /> <br />RECITALS <br /> <br />A. On the date of recordation of this Offer and Agreement, Flatirons is the <br />owner of that certain real property located in the City as more particularly described <br />in Exhibit A attached hereto (the "Property"). <br /> <br />B. In connection with the development of the Electronic Arts <br />Headquarters Campus (the "Project") on the Property, Flatirons desires to offer to <br />dedicate to the City, its successors and assigns, upon completion of the Easement <br />Improvement (as defined in Section 1 below) a non-exclusive easement in gross (the <br />"Easement") solely and exclusively for the easement use as defined in Section 1 <br />below (the "Easement Use") over those certain and limited portions of the Property <br />as described in Exhibit B attached hereto (the "Easement Area"). For purposes of the <br />Easement granted in this Offer and Agreement, the Property is the servient <br />tenement. <br /> <br />C. Flatirons proposes to construct, or cause to be constructed, a pedestrian <br />sidewalk within the Easement Area. It is appropriate for Flatirons, its successors, <br />and assigns to maintain, repair, reconstruct, replace, or restore the Easement Area <br />and the Easement. Improvement in accordance with their obligations under Section - <br />4 of this Offer and Agreement. <br /> <br />PDEMTAG9.DOC <br />3/29/9911:52 AM <br />