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Recording Requested By <br />And When Recorded Mail To: <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attn: City Clerk <br />2019-109322 <br />11:05 am 12/23/19 AG Fee: 65.00 <br />Count of Pages 17 <br />Recorded in Official Records <br />County of San Mateo <br />Mark Church <br />Assessor III III IIIIIIIIIIIIUIMClark-RINATacorder <br />IIIIIIIII III <br />* S R 0 0 0 2 7 9 9 2 6 7$ <br />CONTRACT BETWEEN REDWOOD CITY AND JITENDRA KUMAR AND SHRUTI JAIN FOR <br />HISTORIC PROPERTY PRESERVATION OF 891 EDGEWOOD ROAD (APN: 052-041-010) <br />THIS CONTRACT, is made and entered into this L.- day of 1 G', 2019, <br />by and between the CITY OF REDWOOD CITY, a charter city and municipal corporation of the <br />State of California, (hereinafter called "City'), and Jitendra Kumar and Shruti Jain, (hereinafter <br />called "Owner(s)"). <br />WITNESSETH: <br />WHEREAS, California Government Code Sections 50280, et. seq. authorize cities to <br />enter into contracts with the owners of qualified historic property to provide for the use, <br />maintenance and restoration of such historic property so as to retain its historical significance; <br />WHEREAS, Owner possesses fee title in and to that certain real property, together with <br />associated structures and improvements thereon, located at 891 Edgewood Road, Redwood <br />City, California 94062 (the "Historic Property") (a legal description of the Historic Property is <br />attached hereto as Exhibit A); <br />WHEREAS, on b� Cembcx- 1(0, 2019, the City Council of the City of Redwood City <br />declared and designated the Historic Property as a historic landmark pursuant to the terms and <br />provisions of Chapter 40 of the Redwood City Code; and <br />WHEREAS, City and Owner, for their mutual benefit, now desire to enter into this <br />Contract both to protect and preserve the characteristics of historical significance of the Historic <br />Property and to qualify the Historic Property for an assessment of valuation pursuant to the <br />REV: 10-07-19 PR <br />ATTY/AGR.2019.260/Jitendra Kumar and Shruli Jain (Page 1 of 15) <br />0 <br />