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ORDINANCE NO. <br /> <br /> ORDINANCE APPROVING AND AUTHORIZING EXECUTION OF <br /> FOURTH AMENDMENT TO DEVELOPMENT AGREEMENT WITH <br /> REDWOOD SHORES PROPERTIES [GID 1-64] <br /> <br /> WHEREAS, Redwood Shores, Inc., a California corporation ("Redwood <br />Shores"), the City of Redwood City ("City"), and the Redwood City General <br />Improvement District N. 1-64 ("District") entered into that certain Development <br />Agreement GID 1-64, dated June 16, 1982 ("Development Agreement"), which was <br />recorded on July 8, 1982, as Document No. 82057 in the Official Records of San Mateo <br />County, California; and <br /> <br /> WHEREAS, the Development Agreement was amended by that certain <br />Amendment to Development Agreement GID 1-64 between the City, the District and <br />Redwood Shores, dated May 22, 1984, recorded September 17, 1984, as Document <br />No. 84101669 in the Official Records of San Mateo County, California (the "First <br />Amendment"), and was further amended by that certain Second Amendment to <br />Development Agreement between the City, the District and Redwood Shores Properties <br />(RSP"), dated June 19, 1990, and recorded June 19, 1990, as Document No. <br />90082412 in the Official Records of San Mateo County, California (the "Second <br />Amendment"), and was further amended by that certain Third Amendment to <br />Development Agreement between the City, the District and RSP (the "Third <br />Amendment"). (The Development Agreement and all amendments are hereinafter <br />collectively referred to as the "Amended Development Agreement"); and <br /> <br />F:Atty/Ord/Ord 148 <br />052902 1 <br /> <br /> <br />