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Res 82 9192
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Res 82 9192
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Last modified
10/11/2019 1:35:45 PM
Creation date
10/11/2019 1:35:42 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
8/23/1982
Description
89 -56 RES OLUTION NO - RE SOLUTION OF THE BOARD OF�DjaECTORS OF THE EGI ONAL OPEN SPACE D ISTRICT 14I DPENINS - ULA R E MENT WITH'T 'EDEVELOPMENT A pp R OVING AGRE OOD CITY C oVERING A GENCy OF THE CITY OF REDW DWO OD TAX I NCREMENT FROM AMENDMENT NO. 2 OF RE PMENT p NO. 2 AND AUTHORIZING CITY REDEVELO EXE CUTION THEREOF S pace f the idpenin Re open e ctors 0 The Board "'of ' Sir I . 1 0 . 1 . Ri '- ", ' . lve-\as fol lows*.' c t does-reso t d BETWEEN r 4 a THE REDEVELOPMENT rtain AGREEMENT -'ce ..That HE CIT Y.�OF REDWOOD CITY AND THE ' % L -T- STRICT COVERING A GENCY. OF'r.T L"e%a D -OPEN SPACE M1DPEN1NSU, , LAREc;:[0NA .2 OF REDWOOD • CITY MENDMENT NO@ TAX FROM, A . a -cOPY Of which is jECT NO 2 F- 1 RED EVELOPMENT.PRO a part �xed he and by reference ade 2. President affl . 0 -1 hereby--.approved and the Vice execute
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xJA :djm Y _/08/89 (040/#41) <br />.f <br />constitute a full., complete, fair and equitable adjustment for <br />all detrimental ental financial and other impacts which have resulted <br />or may result during the term of this Agreement from the second <br />Amendment. <br />13, Effective Date and Term of Agreement, The date of <br />this Agreement shall be the date when the Agreement shall have <br />been signed by the Agency; provided, however, that this Agreement <br />shall become effective only upon the effective date of the <br />ordinance of the City council adopting the Plan. This Agreement <br />shall continue in effect so long as the Agency receives Tax <br />Increment from the Amendment Area. <br />14. Legal.Action If litigation is initiated attaching the <br />validity of this Agreement, each party in good faith shall defend <br />and seek to uphold this Agreement, In the event this Agreement, <br />the second Amendment, the Project or the ordinance adopting the <br />Second Amendment is declared invalid by a final judgement in a <br />court of - competent jurisdiction, then this Agreement shall become <br />null and void. <br />15. successors and Assi. ns, This Agreement shall be <br />binding upon and inure to the benefit of the parties hereto and <br />their respective heirs, successors and assigns. <br />9 <br />
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