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FIFTH AMENDMENT <br /> TO DEVELOPMENT AGREEMENT <br /> [GID 1-64] <br /> <br /> This FIFTH AMENDMENT TO DEVELOPMENT AGREEMENT ("Agreement") is <br />entered into this 5th day of August, 2002, by and between REDWOOD SHORES <br />PROPERTIES, a California general partnership ("RSP"), and the CITY OF REDWOOD <br />CITY, a charter city and municipal corporation of the State of California ("City"), for itself <br />and for and on behalf of the REDWOOD CITY GENERAL IMPROVEMENT DISTRICT <br />NO. 1-64 ("District"). <br /> <br /> RECITALS <br /> <br /> a. Redwood Shores, Inc., a California corporation ("Redwood Shores"), the <br />City, and the District entered into that certain Development Agreement GID 1-64, dated <br />June 16, 1982 ("Development Agreement"), which Development Agreement was <br />recorded on July 8, 1982, as Document No. 82057195 in the Official Records of San <br />Mateo County, California. The real property, which is subject to the Development <br />Agreement, includes all that real property owned by Redwood Shores as of the effective <br />date of the Development Agreement and located within those areas designated as <br />Redwood Peninsula Areas A through I, inclusive. Maps depicting said areas are <br />attached hereto an~ marked Exhibit "A" and "A(1)". The Development Agreement was <br />amended by that certain Amendment to Development Agreement GID 1-64 between the <br />City, the District and Redwood Shores, dated May 22, 1984, recorded September 17, <br />1984, as Document No. 84-101669 in the Official Records of San Mateo County, <br />California (the "First Amendment"), and was further amended by that certain Second <br />Amendment to Development Agreement between the City, the District, Redwood <br /> <br />F:Atty/Agr/AmendS.GI D64 <br />o~o~o~ I <br /> <br /> <br />