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J. The City has determined that Qualified Designee is a “Qualifying Designee” as such term is used as part of the Affordable Housing Plan requirements set forth in Chapter 2(I)(c)(1) of the Guidelines, and has experience in the development, ownership, and operation of affordable housing projects similar to the anticipated Affordable Development. K. Also included in the 920 Shasta Project Approvals, the City approved a Relocation Plan dated April 1, 2025 (“Relocation Plan”), attached as Exhibit B-2 in which the Qualified Designee agreed to assist the existing occupants of the Affordable Site to relocate as required by the Ordinance and Government Code Section 7260 et seq., and the Relocation Assistance and Real Property Acquisition Guidelines adopted by the California Department of Housing and Community Development and Title 25, California Code of Regulations Section 6000 et seq. (“California Relocation Assistance Law”). L. Subject to the terms and conditions of this Agreement the Developer proposes to convey and donate the Affordable Site to the Qualified Designee and the Qualified Designee desires to accept the Affordable Site from the Developer, (such arrangement referred to herein as the “Land Donation”). M. As of the date of this Agreement, the City Council has approved certain entitlements for the Affordable Development, including but not limited to an Architectural Permit, Vesting Tentative Parcel Map, Affordable Housing Plan, Land Donation, Land Donation Agreement, Relocation Plan, and Density Bonus with associated Concessions and Waiver, subject to Conditions of Approval in connection with the development of the Affordable Site (collectively, the “Affordable Development Project Approvals”). N. Except as otherwise provided for herein, only upon the Close of Escrow of the Land Donation, shall the Developer’s obligations under the Ordinance and the Affordable Housing Plan be deemed satisfied; however, all of Qualified Designee’s duties and obligations to assist in the relocation of the existing occupants of the Affordable Site as set forth in the Relocation Plan, as required by the Ordinance and California Relocation Assistance Law, shall remain and shall not be extinguished by the Close of Escrow of the Land Donation. O. This Agreement and the actions contemplated hereunder have been reviewed with respect to applicability of the California Environmental Quality Act (Public Resources Code Sections 21000 et seq.) (“CEQA”). On February 13, 2023, the City Council adopted Resolution No. 16124, certifying the Final Environmental Impact Report (“Housing Element Update EIR”) and Mitigation Monitoring and Reporting Program (“Housing Element Update MMRP”) for the Housing, Built Environment, Public Safety, Building Community, Natural Resources & Environmental Justice Elements Update to the Redwood City General Plan. On June 26, 2023, by adopting Resolution No. 16153, the City Council certified a Subsequent Environmental Impact Report (“SEIR”) to the Downtown Precise Plan, adopting CEQA findings of fact, a Statement of Overriding Considerations and a Mitigation Monitoring and Reporting Program (“DTPP Amendment MMRP”) related to the City’s approval of the Downtown Precise Plan Amendments. Concurrently with the approval of this Agreement and in connection with both the 901 El Camino Real Project Approvals and the Affordable Development Project Approvals, the City Council also adopted a CEQA Guidelines Section 15183 Consistency Checklist, which determined that the 901 El Camino Real Project and the Affordable Development are exempt ATTY/RESO.0034/CC RESO APPROVING PROJECT (901 EL CAMINO REAL) - EXHIBIT C REV: 04-22-25 VR Page 3 of 224