RecDoc 2017-090975 Declaration of Restrictive Covenant

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RECORDING REQUESTED BY WHEN RECORDED MAIL TO: City of Redwood City 1017 Middlefield Road Redwood City, CA 94063 Exemt from recording fee Govt Code 27383 2017-090975 1:16 pm 10/16/17 DR Fee: NO FEE Count of Pages 8 Recorded in Official Records County of San Mateo Mark Church 111 I18n II 118111111111111III111R1111111II II * $ R 0 0 0 2 4 6 6 7 4 1 S* THIS SPACE FOR RECORDER'S USE ONLY DECLARATION OF RESTRICTIVE, COVENANT APN: 053-131-200 THIS DECLARATION OF RESTRICTIVE COVENANT, executed on OCT " C � 10 , 2017 by Lane — Broadway, LLC, a California Limited Partnership ("Declarant") is made with reference to the following facts: RECITALS A. Declarant is the owner of certain real property commonly known as 2075 Broadway Street, Redwood City, San Mateo County, California (APN 053-131-200) as more particularly described in Exhibit A attached hereto (the "Declarant's Property"). B. The Property is situated adjacent to certain real property owned by the City of Redwood City ("City") commonly known as 1017 Middlefield Road in the City of Redwood City, San Mateo County, California (APN 053-131-140) as more particularly described in Exhibit B attached hereto (the "City's Property") which is currently used for public surface parking. C. Declarant has received planning approval from the City to construct a four story, mixed-use building (the `Building") on Declarant's Property with zero side yard setbacks for the first and second stories. D. Plans for the Building include window openings on the side of the Building facing the City Property (the "Openings"), with specialized shutters that would comply with the fire safety rating requirements of the current California Building Code by approval of an Alternative Materials and Methods of Construction. E. The City has required Declarant to enter into this Declaration for the benefit of the City as a condition of approval of the Alternative Materials and Methods of Construction. n