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RESOLUTION NO. 15987 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROVING A REAL PROPERTY EXCHANGE AGREEMENT BETWEEN THE CITY OF REDWOOD CITY AND THE COUNTY OF SAN MATEO FOR THE EXCHANGE OF A PORTION OF THE CITY -OWNED PROPERTY AT 1469 MAPLE STREET [APN 052-398-010] FOR COUNTY -OWNED PROPERTY AT 1580 MAPLE STREET [APN 052-532- 0201 WHEREAS, the City of Redwood City and 1548 Maple LLC are parties to a development agreement dated August 3, 2018, recorded in the Official Records of the County as Instrument No. 2018-088890 ("Development Agreement"), with respect to the development of a 131 -unit townhome project at 1548 Maple Street, Redwood City (the 1548 Maple Project"); and WHEREAS, the Development Agreement provides, among other things, for 1548 Maple LLC to construct, at its expense, three segments of an extension of Blomquist Street from Maple Street to Redwood Creek, with two of the segments subject to City's ability to acquire from the County of San Mateo the necessary right-of-way over certain County -owned property; and WHEREAS, in connection with City's approval of the 1548 Maple Project, including the Development Agreement, the City certified an Environmental Impact Report ("EIR") and a Mitigation Monitoring and Reporting Program ("MMRP") under the California Environmental Quality Act ("CEQA") (set forth in Public Resources Code Section 21000 et seq.); and WHEREAS, to facilitate construction of a portion of the Blomquist Street extension by 1548 Maple LLC as contemplated by the Development Agreement, City and County desire to pursue a land exchange transaction under which City will transfer to County a fee interest in an approximately 2.50 acre portion of the undeveloped City -owned property at 1469 Maple Street ("City Property") for the approximately 2.00 acre County -owned property at 1580 Maple Street, including the buildings and improvements thereon, which include a former women's correctional center building, homeless shelter building, portable building and parking facilities (collectively, the "County Property"); and WHEREAS, the State Surplus Lands Act (California Government Code section 54220 et seq.) includes within the definition of "exempt surplus land", surplus land that a local agency is transferring to another local, state, or federal agency for the agency's use; and WHEREAS, the County Property and City Property each qualify as exempt surplus land under section 54221(f)(1)(D) of the State Surplus Lands Act; and ATTY/RESO.0075/CC RESO APPROVING CITY COUNCIL MAPLE STREET EXCHANGE AGREEMENT RESO NO. 15987 REV: 09-23-2021 VR MUFF # 301, 609 Page 1 of 3