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07/13/2020 without limitation the Purchase Agreement, the City Charter, the General Plan, Municipal Code, and other applicable City laws and regulations, have together served as an adequate and appropriate evidentiary basis for the findings and actions set forth in this Resolution. Section 2. The City Council finds that the acquisition of the Property as described in the Purchase Agreement is consistent with the objectives, policies, general land uses, and programs specified in the City of Redwood City General Plan. Section 3. The City Council determines based on the evidence in the record that the fair market value of the Property is $4,391,000. Section 4. CEQA. This activity is not a project under California Environmental Quality Act (CEQA) as defined in CEQA Guidelines, section 15378, because the intended use and future improvements on the subject site have not been identified and thus the City cannot make a determination that the action would cause either a direct or reasonably foreseeable physical change in the environment. This activity is also exempt under section 15061(b)(3) because it has no potential for causing a significant effect on the environment. A CEQA analysis would be required at the time a specific use and improvements are identified and submitted for discretionary review. Section 5. The City Council approves and authorizes the City Manager or her designee, to execute and enter into the Agreement of Purchase and Sale and Initial Escrow Instructions," between the City of Redwood City and the State of California attached hereto as Exhibit A, with such minor conforming, technical or clarifying changes or revisions as may be agreed to and approved by the City Attorney, which do not materially increase the obligations of the City thereunder. The City Manager or her designee and the City Clerk are further authorized and directed to take such further actions and execute such documents on behalf of the City as are necessary to carry out the transaction contemplated by the Purchase Agreement on behalf of the City, including without limitation, a Certificate of Acceptance. Section 6. The Resolution is effective upon its adoption. ATN/RESO.0064/CC RESO PURCHASE OF NATIONAL GAURD ARMORY RESO. NO. 15867 REV: 07-08-2020 SK MUFF NO. 304 Page 2 of 2