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<br />02/13/2006 <br /> <br />CITY's required deposit as specified in Section II, Article (1) of the <br /> <br />Agreement, or on June 30, 2007, whichever is earlier in time, except that <br /> <br />the provision of the Agreement related to long-term water supply and <br /> <br />indemnification shall continue unchanged and in effect unless otherwise <br /> <br />modified by a written amendment executed by the parties. <br /> <br />WHEREAS, all other terms and conditions of said Contribution Agreement shall <br /> <br />remain in full force and effect. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br /> <br />REDWOOD CITY, AS FOLLOWS: <br /> <br />1. <br /> <br />The Amendment No.1 to the Contribution Agreement, a copy of which is <br /> <br />on file with the City Clerk's Office, is hereby approved, and the City Manager is <br /> <br />authorized to execute same on behalf of the City. <br /> <br />2. <br /> <br />This Resolution shall be effective upon adoption. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />F:Atty/Reso/Reso.1592 <br />013106 <br /> <br />3 <br /> <br />14692 <br />Muff #304 <br />