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<br />The motion passed by a majority vote with Council Member Ira abstaining. <br /> <br />C. Franklin Street Project - Second Amendment to the Disposition and Development <br />Agreement (DDA) with Shea Homes; <br /> <br />Planning and Redevelopment Manager Church explained this is the second amendment to <br />the DDA with Shea Homes to allow the developer and the Agency to continue to negotiate <br />the fmal shape of the project. The current deadline is May and this would extend the DDA <br />schedule to November 20, 2000. <br /> <br />MIS HartnettIHoward to adopt RESOLUTION RD 00-49 OF THE REDEVELOPMENT <br />AGENCY OF THE CITY OF REDWOOD CITY APPROVING AND AUTHORIZING <br />EXECUTION OF THE SECOND AMENDMENT OF THE DISPOSITION AND <br />DEVELOPMENT AGREEMENT WITH SHEA HOMES LIMITED PARTNERSHIP <br />FOR THE FRANKLIN STREET PROJECT; <br /> <br />The motion passed by a unanimous roll call vote. <br /> <br />7. <br /> <br />CLOSED SESSION - Conference with Legal Counsel - Initiation of litigation pursuant <br />to subdivision (c) of Government Code, Section 54956.9. Number of cases: one. No action <br />reported. <br /> <br />8. ADJOURNMENT - 10:50 p.m. <br /> <br />Respectfully submitted, <br /> <br />Patricia S. Howe, CMC <br />Agency Secretary <br /> <br />REGULAR REDEVELOPMENT AGENCY MEETING <br />MINUTES <br /> <br />May 22, 2000 <br />PAGE 4 <br />