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<br />6.3 <br />Page 3 <br /> <br />October 22, 2002, and was further continued by the Sixth Amendment for a period of <br /> <br />two hundred forty (240) days to June 23, 2003, and was further continued by the <br />Seventh Amendment for a period of ninety-nine days to September 30, 2003 <br /> <br />("Termination Date"); and was further continued by the Eighth Amendment to <br /> <br />September 30, 2006; and <br /> <br />WHEREAS, on or about March 14, 2006, Redwood Shores Properties signed <br /> <br />the Assignment and Assumption Agreement for Development Agreement GID 1-64 with <br /> <br />Redwood Shores Properties, LLC, and sold all of Area H to a third party purchaser, Max <br /> <br />Keech (Keech Properties, LLC); and <br />WHEREAS, the City, District, and Keech Properties, LLC desire to extend the <br /> <br />term of the Amended Development Agreement to provide for the orderly completion of <br /> <br />the Redwood Shores Project to September 30, 2009; and <br />WHEREAS, pursuant to Government Code sections 65864-65869.5, as the <br /> <br />same now exists or hereinafter is amended, a public hearing was held on the proposed <br /> <br />Ninth Amendment to Development Agreement. <br /> <br />NOW, THEREFORE, THE COUNCIL OF THE CITY OF REDWOOD CITY <br />DOES ORDAIN AS FOLLOWS: <br /> <br />Section 1. The Council hereby finds, declares, and concludes as follows: <br /> <br />a. This Council held a duly noticed public hearing on the proposed Ninth <br /> <br />Amendment to Development Agreement on August 28,2006, at which a <br /> <br />hearing all persons interested in the matter were heard or afforded an <br /> <br />opportunity to be heard thereon. <br /> <br />F:Attv/OrdlOrd.268 <br /> <br />':l <br />