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L <br /> E. City has undertaken, pursuant to the California Environmental Quality Act <br /> ("CEQA"), the required analysis of whether a subsequent or supplemental environmental impact <br /> report is required because (a) substantial changes in the Project have occurred, (b) substantial <br /> changes have occurred with respect to the circumstances under which the Project is being <br /> undertaken or (c) new information relating to the Project has become available since the EIR was <br /> approved. In this regard, City has reviewed the EIR and has also reviewed the Traffic Impact <br /> Study -- Oracle Complex Expansion, dated April 26, 1996 (Report No. 961 -883), prepared by <br /> Fehr & Peer Associates ("Fehr Study") and scrutinized the adverse impacts associated with (r' <br /> 0) <br /> vehicular traffic conditions within the City and the effects of the Centrum Project thereon, and in 0 <br /> c) <br /> particular the parking and traffic impacts of developing 600 Oracle Parkway with a 290,000 <br /> N <br /> tTI <br /> square foot office building rather than a 325,000 square foot, 400-room hotel. The City has also <br /> prepared a Technical Addendum (EA 10904-5) ("Addendum") to the EIR to evaluate the impacts <br /> of the proposed change in permitted use. On May 21, 1996, the Redwood City Planning <br /> Commission determined that none of the conditions triggering further environmental review <br /> under CEQA are present and that therefore City is not preparing a subsequent or supplemental <br /> environmental impact report and is relying on the EIR along with the Addendum in connection <br /> with its approval of the Revised Planned Development Permit and this Second Amendment. <br /> NOW, THEREFORE, the parties agree as follows: <br /> 1 . DEFINITIONS. All words or terms herein commencing with capitals and defined <br /> in the Existing Development Agreement shall have the meanings respectively given to them <br /> therein, except that (i) the term "Developer" shall refer collectively to Centrum, Oracle, and <br /> 4 0669212MF107!.DOC: 122365 <br />