Laserfiche WebLink
` ' i <br /> , � <br /> ` 2014-043259 I <br /> 8:49 am 05120l14 AG Fee:NO FEE i <br /> Count of Pages 23 � <br /> Recorded in Official Records � <br /> � <br /> RECORDING REQUESTED BY � County of San Mateo i <br /> Arm W�r1 RECOxnED M�To: Mark Church ,, <br /> � Assessor-Count Clerk-Recorder ; <br /> Ci of Redwood Cit � � ������� ��������� ���� ������� ��� ����� �������������� ��' <br /> 10�Middlefield R ad � * R 0 0 0 1 8 5 1 3 4 2 * <br /> Redwood City, California 94063 ) ; <br /> Attention: City Clerk ) <br /> � ��{�n <br /> (Space Above This Line for Recorder's Use Only) `yv/ �� <br /> Exempt from recording fee per Gov.Code§27383. � ; <br /> �'`r IlIZPROVEMENT AGREEMENT �'"; <br /> (INDIGO,525 Middlefield Road,Redwood City,CA) I <br /> � <br /> S IMPROVE NT AGREEMENT ("Agreement") is made and entered into on this � <br /> � day of , 2014 (`Bffective Date") by and between DOWNTOWN RWC , <br /> RES, LLC, a Delaware mited li ility company ("Developer"), and the CITY OF REDWOOD � <br /> CITY, a charter city and Cali mia municipal corporation ("City") with reference to the <br /> following facts: ; <br /> RECITALS <br /> A. Developer is the current fee owner of that certain real property consisting of <br /> appro�cimately 2.44 acres located within the City of Redwood City, County of San Mateo, State of <br /> Califarnia,described in Exhibit A,attached hereto and incorporated herein by reference(the"Property"). <br /> B. On November 18, 2013, the City Council of the City of Redwood City adopted, among ', <br /> other approvals,Resolution No. 15305, approving the Vesting Tentative Map and Condominiuxn Permit ' <br /> for the Indigo 525 Middlefield project("Project"),prepared by Sandis Civil Engineers and dated July 31, ' <br /> 2013 ("Tentative Map"), subject to certain conditions of approval set forth in Resolution No. 15305 ' <br /> ("Conditions"). ' <br /> C. The Conditions require either (1) that certain public improvements for the Project be <br /> constructed prior to approval of the final map ("Final Map"), or (2) that Developer enter into an ' <br /> agreement with City providing for the future construction of such public improvements. ', <br /> D. Developer has subxnitted the Final Map and applied to City for Final Map approval ' <br /> without having completed the required public improvements and, therefore,will enter into an agreement <br /> with City providing for the future construction and installarion of such public improvements, as required <br /> by Government Code section 66462(a)(1). <br /> E. Developer has submitted to City plans, specifications and drawings entitled "Offsite ', <br /> Improvements 525 Middlefield Road", prepaxed by Sandis Engineers and dated April � 2014 (the <br /> "Improvement Plans"), which, in addition to other improvements, provide for certain on-site public <br /> improvements consisting of street and street light improvements, storm dra,in systems, domestic water <br /> systems and sanitary sewer systems for the Project(collectively,"Improvements"). <br /> F. Upon approval and recordation of the Final Map,the Property will be combined into one <br /> single lot for condominium purposes. The parties acknowledge that the Property may be divided into <br /> residential and commercial condominium units and common area(s) in the future upon the filing of a <br /> REV:03-31-14 VR <br /> Page 1 of 21 <br /> ATTYIAGR.2014.045/lndigo 525 Middlefield-Improvement Agreement <br />