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Page 1 of 3 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />STAFF REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br />DATE: May 12, 2025 <br />SUBJECT <br />Waive second reading and adopt an ordinance approving a Development Agreement between the City of <br />Redwood City and El Camino Real Holdings JV (901 El Camino Real Project) <br />RECOMMENDATION <br />Waive second reading and adopt an ordinance approving a Development Agreement between the City of <br />Redwood City and El Camino Real Holdings JV (901 El Camino Real). <br />STRATEGIC PLAN GUIDING PRINCIPLE <br />Economic Vitality <br />BACKGROUND <br />On April 28, 2025, the City Council considered the 901 El Camino Real Project, and took the following <br />actions: <br />1. Adopted a resolution approving a Water Supply Assessment for the 901 El Camino Real Project; <br />2. Adopted a resolution determining that environmental review of the 901 El Camino Real Project has <br />been completed pursuant to Section 15168 and Section 15183 of the California Environmental <br />Quality Act (CEQA) Guidelines; <br />3. Adopted a resolution adopting an amendment to the General Plan Mixed Use – Downtown <br />Designation for the 901 El Camino Real Project; <br />4. Adopted a resolution adopting an amendment to the Downtown Precise Plan for the 901 El Camino <br />Real Project; <br />5. Adopted a resolution approving the 901 El Camino Real Project including a Vesting Tentative Parcel <br />Map, a Downtown Planned Community Permit, a Use Permit, a Planned Development Permit, <br />subject to Conditions of Approval; an Affordable Housing Plan, Affordable Housing Partner, Land <br />6.C. - Page 1 of 345 <br />109