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06/11/2018 <br />amendment of the General Plan and Downtown Precise Plan for additional office floor area, all <br />applicable required findings, and subject to the Conditions of Approval (Exhibit A) attached <br />hereto and incorporated herein by reference. <br />Section 7. Communitv Benefits: The Council accepts the proposed community <br />benefits described herein: <br />Non -Mandatory Fees/Public Benefits <br />Redwood City Affordable Housing Fund* $605,000 <br />Public Art** $85,000 <br />Redwood City Parks and Arts Foundation $25,000 <br />Redwood City Schools and/or Spanish Immersion Programs TBD $25,000 <br />Sheriff's Athletic League $5,000 <br />TOTAL $745,000 <br />*$305,000 to be paid prior to issuance of building permit; $300,000 to be paid upon issuance <br />of Temporary or Final Certificate of Occupancy (whichever is issued first) <br />**Acclaim to furnish art in 851 Main Street lobby/art gallery for daily public viewing <br />Section 8. This Resolution is effective upon its adoption. <br />ATTY/RESO.0051/CC RE50 APPROVING THE DOWNTOWN PLANNED COMMUNITY PERMIT -851 MAIN ST PROJECT <br />RE50 NO. 15676 <br />REV: 05-31-18 PR MUFF NO. 601 <br />Page 6 of 6 <br />