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<br /> EXHIBIT "B" <br /> TERM SHEET <br /> [VERA STREET] <br /> Notices <br /> For the Developer: <br /> Jeff Oberdorfer, Executive Director <br /> First Community Housing <br /> 2 North Second Street, Suite 1250 <br /> San Jose, CA 95113 <br /> For the Agency: <br /> Redwood City Redevelopment Agency <br /> 1017 Middlefield Road <br /> Redwood City, CA 94063 <br /> Attn: Executive Director <br /> With a copy to City Attorney: <br /> Stanly T. Yamamoto <br /> City of Redwood City <br /> 1017 Middlefield Road <br /> Redwood City, CA 94063 <br /> Developer ObliGations - 90 Davs <br /> <br /> Within 90 days from the Effective Date, the Developer shall <br /> undertake and complete the following: <br /> a. Submit a Detailed Development Program, including: <br /> - Number of stories, type of construction <br /> - Residential unit mix, by number of bedrooms and <br /> square feet <br /> - Affordable unit mix, indicating levels of <br /> affordability by type of unit <br /> - Parking Plan, including number of spaces/square <br /> feet and a mitigation proposal (if applicable) <br /> - Retail Plan - square feet, target tenancies <br /> B - 1 <br /> . .. <br />