Landscape Maintenance Agreement - Broadway Plaza

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RECORDING REQUESTED By ) AND WHEN RECORDED MAIL TO: ) ) City of Redwood City ) 1017 Middlefield Road ) Redwood City, California 94063 ) Attention: City Clerk ) (Space Above This Line for Recorder's Use Only) Exempt from recording fee per Gov. Code §27383 LANDSCAPE MAINTENANCE AGREEMENT Broadway Plaza — Broadway Block THIS LANDSCAPE MAINTENANCE AGREEMENT ("Agreement') is made and entered into this 2 -"ay of ee�-aBa:2 , 2023 ("Effective Date"), by and between SI XX, LLC, a California limited liability company ("Developer"), and the CITY OF REDWOOD CITY, a charter city and California municipal corporation ("City") with reference to the following facts: RECITALS A. Developer is the current fee owner of that certain real property consisting of approximately 11.2 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"). The Property is being developed as a mixed-use project consisting of approximately 400 market -rate residential units, 120 affordable residential units, 420,000 sf of office space, 11,000 sf of retail space, 10,000 of childcare space, public and private open space, and shared underground parking (the "Project') Developer expects to transfer its interest in the Property to Center Association as a Property Owners Association (`POA"), a California nonprofit mutual benefit corporation, which POA will be ultimately responsible for the management, operation and governance of the Property. B. In connection with its development of the Project, Developer submitted to City Off -Site Improvement Plans of 1401 Broadway, prepared by Kier & Wright and dated /Ujya h 2=2 , 2013 and Site Improvement Plans of Sobrato Broadway Plaza Residential, prepared by Kier & Wright and dated kihgAM 20, 2023, which include, inter alia, landscaping plans for along the Property fronta& and the on-site publicly accessible open space ('Plans"), all of which Plans have been approved by City. The Plans provide for installation of certain landscaping, pedestrian lighting, irrigation, paths, public dog run, water feature, and shaded public plaza (`Improvements") within publicly owned areas and on-site within public easement areas ("Maintenance Area") as the Improvements and Maintenance Area are more specifically shown on Exhibit "B" attached hereto and incorporated by this reference as if fully set forth herein. REV: 412-2023 SK ATTY/AGR.2023.071/SI XX, LLC (Broadway Plaza LMA) (Page 1 of 17)