Agmt22 City_ County Land Swap - Laserfiche WebLink

Browse Search

SITE PREPARATION AND DEVELOPMENT FEES AGREEMENT THIS SITE PREPARATION AND DEVELOPMENT FEES AGREEMENT ("Agreement") is made and entered into as of3 , 2022 ("Effective Date"), by and between the COUNTY OF SAN MATEO, a political subdivision of the State of California ("County"), and the CITY OF REDWOOD CITY, a California charter city and municipal corporation ("City") with reference to the following facts: RECITALS A. County and City are parties to a Real Property Exchange Agreement ("Exchange Agreement"), which provides among other things for: (a) City to transfer to County a fee interest in that certain undeveloped real property consisting of approximately 2.52 acres located within the City of Redwood City, County of San Mateo, State of California, described in Attachment 1, attached hereto and incorporated herein by reference (the "Property") in exchange for County's transfer to City of certain County -owned property, including the buildings and improvements thereon; (b) City to leaseback by a separate written agreement to County an existing homeless shelter building on the County -owned property until March 31, 2023; (c) County to commit to undertake certain work of public improvements and pay certain development related fees to City at such time as County undertakes permanent development of the Property; and (d) City or the developer of the adjacent 1548 Maple Street property, to be solely responsible for demolishing or causing demolition of those portions of the buildings and improvements on the County - owned property as necessary to facilitate the Blomquist Street extension work. B. As contemplated by the Exchange Agreement, upon Closing, County has acquired from the City a fee interest in the Property. C. In accordance with the Exchange Agreement, City and County now desire to enter into this Agreement committing County, at such time as the Property is developed in the future, (i) to raise the elevation of the Property (as described below), and (ii) to pay to City certain Processing Fees and Impact Fees (specified below), all as set forth in this Agreement. AGREEMENT NOW, THEREFORE, in consideration of the faithful performance of the terms and conditions set forth in this Agreement, the parties hereto agree as follows: 1. Pumose. The purpose of this Agreement is to require and guarantee (a) County's importation of clean fill ("Fill Importation") to raise the elevation of the Property to a minimum NAVD elevation 14 feet across the 2.52 acre parcel transferred to the County, which the parties have agreed is the minimum needed in light of anticipated sea level rise, with the slope down from Property onto and upon the City remainder land, except that no fill is allowed within any wetlands areas; and (b) County's payment of certain Processing Fees and Impact Fees to City, at such time as the Property is developed with permanent improvements; and confirm City's agreement that County's completion, dedication, and payment pursuant to this Agreement satisfies the entirety of the County's obligations with regard to the such elevation increase and payment of such fees. 2. Property Subject to Agreement. The Property shall be subject to this Agreement upon Closing of the Exchange Agreement and during the entirety of the County's ownership of the Property. In the event the property is ever alienated by County, this Agreement shall have no further effect and neither party shall have any further duty of performance, nor can any subsequent purchaser rely on, enforce or assume the County's rights and obligations hereunder. REV: 01-21-2022 SK ATTY/AGR.2022.01 0.1 /City- County Land swap (Page 1 of 14)