Laserfiche WebLink
d. Pursuant to the Fourth Amendment, the City gave its consent to extend <br />the term of the Amended Development Agreement for sixty (60) days. <br /> <br /> e. The term of the Amended Development Agreement commenced on the <br />effective date of the ordinance approving it (which was June 23, 1982) and continued <br />for a period of fifteen (15) years to June 23, 1997 (the "Termination Date"); and by said <br />Third Amendment said Termination Date was extended and continued for a period of <br />five (5) years to June 23, 2002; and by said Fourth Amendment, said Termination Date <br />was extended and continued for a period of sixty (60) days to August 23, 2002. The <br />City and RSP desire to extend the term of the Amended Development Agreement by <br />sixty (60) days. <br /> <br /> f. Pursuant to Government Code sections 65864-65869.5, a public hearing <br /> <br />was held by the planning agency and the legislative body of the City, after duly noticed <br />public hearings, regarding extension of the development agreement. <br /> <br /> NOW, THEREFORE, for good and valuable consideration, the receipt and <br />sufficiency of which is hereby acknowledged, the parties agree as follows: <br /> <br /> 1. Extension of Term. The City, the District and RSP hereby agree to the <br />extension of the term of the Amended Development Agreement for sixty (60) days from <br />the Termination Date to October 22, 2002. <br /> <br /> 2. Status of Amended Development Agreement. The City and District <br /> <br />confirm that as of the execution of this Agreement: (i) the Amended Development <br /> <br />F:Atty/Agr/AmendS, GID64 3 <br />080102 <br /> <br /> <br />