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<br />30-l, <br /> <br />Deposit Agreement in the form attached hereto as Exhibit A together with such additions or <br />changes thereto as the Director of Finance, upon consultation with City Attorney and Bond <br />Counsel, shall approve. The Director of Finance is hereby authorized and directed to accept any <br />Deposits made by the Owner pursuant to the Deposit Agreement, to establish such bank accounts <br />and records as are necessary or appropriate in connection therewith, and to expend the Deposits <br />for the purposes set forth in and as otherwise contemplated by the Deposit Agreement. <br /> <br />Section 7. The City Manager, the Director of Finance, the City Clerk and all other <br />employees of City are hereby authorized and directed to take such actions as are necessary or <br />appropriate to process any request of the Owner to form a CFD, and to present to this Council all <br />resolutions necessary in connection therewith. Nothing in this Resolution shall in any way <br />commit the Council to form the CFD or to issue any Bonds. <br /> <br />Section 8. <br /> <br />This resolution shall be effective immediately upon its adoption. <br /> <br />PASSED, APPROVED, AND ADOPTED this - day of <br />following vote: <br /> <br />, 2000 by the <br /> <br />AYES: <br /> <br />NOES: <br /> <br />ABSTAIN: <br /> <br />ABSENT: <br /> <br />Mayor <br />City of Redwood City <br /> <br />ATTEST: <br /> <br />City Clerk <br />City of Redwood City <br /> <br />88721_2.DOC <br /> <br />-3- <br /> <br />-~...__....~.T <br />