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_ _ . �, <br /> COPY <br /> � during the First Lease Year; $4,420 during the Second Lease Year; $4,575 <br /> during the Third Lease Year; and $4,735 during the Fourth Lease year. <br /> Section 2. The President and Secretary of the Board of Port <br /> Commissioners of the City of Redwood City are hereby authorized and directed <br /> to execute the aforesaid Lease Agreement for and on behalf of the City of <br /> Redwood City, acting by and through its Board of Port Commissioners. <br /> Section 3. This ordinance shall be effective thirty (30) days after its <br /> adoption but the terms and conditions of the Lease Agreement, including the <br /> accrual and payment of rent, shall be retroactive to May 1, 2015. <br /> * * * * * <br /> Introduced on the 22nd day of April , 2015. <br /> Passed and adopted as an ordinance of the Board of Port Commissioners <br /> of the City of Redwood City this 13th day of �y , 2015. <br /> AYES, COMMISSIONERS: Lorianna Ka.strop; Richard Dodge; Secretary, <br /> R. Simms Duncan; and, Vice Chairma.n Richard Claire <br /> NOES, COMMISSIONERS: None <br /> ABSENT, COMMISSIONERS: Chairma. '3g��-�a c3.�.r^ <br /> l� <br /> � � <br /> President, Board of Port Commissioners <br /> Vice Chairman Richar aire signed in lieu <br /> of Presi nt <br /> .- <br /> Secretary, Board of Port Commissioners <br /> R. Simms Dunean <br /> Ordinance 03/30/15 2 ORD P-263 <br /> Rev 04.13.15-DS S�a��ed <br />