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Agreement 04-2958 Project No. 0424000060 EA 0X190 04-SM-84-24.81 Project Development Agreement 2017-02-17/HIA (Created October 5, 2023) 1 of 22 HIGHWAY IMPROVEMENT AGREEMENT This AGREEMENT, executed on and effective from _______________________________, is between the State of California, acting through its Department of Transportation, referred to as CALTRANS, and: IQHQ Elco Yards, LP referred to as PERMITTEE. CITY OF REDWOOD CITY referred to as CEQA Lead Agency. An individual signatory agency in this AGREEMENT is referred to as a PARTY. Collectively, the signatory agencies in this AGREEMENT are referred to as PARTIES. RECITALS 1. For the purpose of this AGREEMENT, PERMITTEE proposes to construct a signalized intersection and traffic calming improvements at the intersection of westbound Route 84 (Woodside Road – PM 24.81) on-ramp / off-ramp, Main Street, and Pine Street in the City of Redwood City, County of San Mateo. The project will reconfigure the intersection of westbound Route 84 (Woodside Road), Main Street, and Pine Street to include vehicular and pedestrian traffic signalization, sidewalk, curb ramps, landscaping, lighting, striping, and underground utilities will be referred to hereinafter as PROJECT. The PROJECT scope of work is defined in the project initiation and approval documents (e.g. Project Study Report, Design Engineering Evaluation Report, or Project Report). 2. All obligations and responsibilities assigned in this AGREEMENT to complete the following PROJECT COMPONENTS will be referred to hereinafter as WORK: • PROJECT APPROVAL AND ENVIRONMENTAL DOCUMENT (PA&ED) • PLANS, SPECIFICATIONS, AND ESTIMATE (PS&E) • RIGHT-OF-WAY • CONSTRUCTION Each PROJECT COMPONENT is defined in the CALTRANS Workplan Standards Guide as a distinct group of activities/products in the project planning and development process. September 26, 2024