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2020-058559 CQNF 12:25 pm 06/23/20 AG Fee: NO FEE Count of pages 33 RECORDING REQUESTED BY ) Recorded in Official Records AND WHEN RECORDED MAIL TO: ) County of San Mateo Mark Church City of Redwood City AsMark Clerk-Recorder 1017 Redwood City, California94063 ) IIIIIIIIIIII�l1I1IIIIIIIIlIIl�1IIIIII1IIIII��I�l�11IIIIIIIIIIIIIIIII y ) *$ R 0 0 0 2 8 7 3 0 k 7$* Attention: City Clerk ) (Space Above This Line for Recorder's Use Only) Exempt from recording fee per Gov. Code § 27383. SUBDIVISION IMPROVEMENT AGREEMENT 353 Main Street THIS SUBDIVISIO PROVE ENT REEMENT ("Agreement") is made and entered into on this day o, �� , 20 `Effective Date") by and between353 Main Street Apartments, LP, California limited partnership ("Developer"), and the CITY OF REDWOOD CITY, a arter city and California municipal corporation ("City") (together, the "Parties") with reference to the following facts: RECITALS A. Developer is the current fee owner of that certain real property consisting of approximately 1.85 acres located within the City of Redwood City, County of San Mateo, State of California, described in Exhibit "A", attached hereto and incorporated herein by reference (the "Property"). B. On May 21, 2018, the , City Council of the City of Redwood City adopted, among other approvals, Resolution No. 15665, approving a Planned Community Permit and other entitlements for 353 Main Street ("Project"), subject to certain conditions of approval ("Conditions"). C. The Conditions require either (1) that certain public improvements for the Project be constructed prior to approval of the Building Permit, or (2) that Developer enter into an agreement with City providing for the future construction of such public improvements. D. Developer has submitted the Improvement Plans and applied to City for Building Permit approval without having completed the required public improvements and, therefore, will enter into an agreement with City providing for the future construction and installation of such public improvements. E. Developer has submitted to City plans, specifications and drawings entitled Offsite Improvement Plans of 353 Main Street, prepared by Kier & Wright Civil Engineers & Surveyors, Inc. and dated Uv)e-- , 20_;to (the "Improvement Plans"), which, in addition to other improvements, provide for certain on-site public improvements consisting of street and street light improvements, storm drain systems, domestic water systems and sanitary sewer systems for the Project (collectively, "Improvements"). REV: 12-16-19 PR ATTY/AGR.2019.315/Woodside Professional Center, LLC (Page 1 of 22)