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RecDoc 1996-106325 Second Amendment to DDA Centrum Oracle
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RecDoc 1996-106325 Second Amendment to DDA Centrum Oracle
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3/30/2015 4:37:26 PM
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3/30/2015 4:30:36 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Development Agreemetn Second Amendment
Doc Num
96-106325
Rec Date
8/28/1996
Parties
Centrum Associates, Oracle Corp
Reso Ref
12806
Ord Ref
2108
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water boundaries of, and lagoon areas within, the Property, subject to reasonable <br /> regulation consistent with the commercial uses within the Property." <br /> 4. AMENDED PARKING PROVISIONS. Paragraph 3 of the Existing <br /> Development Agreement is hereby amended to read as follows: <br /> "3. DENSITY OR INTENSITY OF USE. Developer shall not construct more c.c; <br /> C) <br /> than 1 ,545,000 square feet of office buildings, not including the multi-level parking <br /> CD <br /> structures which have been approved as part of the Project. In addition, Developer shall ,_ <br /> r.) <br /> have the right to develop the currently vacant parcels of the Project, as shown on (Ti <br /> Exhibit B , with the types of improvements listed on Exhibit D hereto, subject to <br /> requirements and conditions in effect as of the date of such applications. Developer shall <br /> not provide in excess of 4,450 parking spaces on the Property for the office building use. <br /> Requirements for parking spaces for a restaurant shall be according to the requirements of <br /> the Redwood City Zoning Ordinance." <br /> 5 . PUBLIC ROADWAY IMPROVEMENTS. The City has determined <br /> upon review of the findings of the Crain Study and the Fehr Study that an additional left turn <br /> lane is required from Marine World Parkway to Oracle Parkway East in connection with the <br /> development and use of 600 Oracle Parkway as an office building. Consequently, Developer <br /> shall be required to contribute to the construction of those portions of the improvements <br /> described in Segment 1 and Segment 2 of the Fehr Study that are necessary to create an <br /> additional left turn lane from eastbound Marine World Parkway to northbound Oracle Parkway <br /> East ("Oracle Parkway East Improvements ") as a condition to developing the 600 Oracle <br /> 9 0669212MF 107!.DOC:122365 <br />
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