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Ord. 2557
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Ord. 2557
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Last modified
12/23/2025 1:35:18 PM
Creation date
12/23/2025 1:35:12 PM
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Template:
CC Index
CC Index - Document Type
Ordinance
Meeting Type
Regular
Agency Type
City Council
Date
12/22/2025
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<br />ATTY/ORD.0013/CC ORD 1548 MAPLE DA 4TH AMENDMENT – EXHIBIT A <br />REV: 11-24-25 VR <br />Page 3 of 14 <br />I. Developer’s obligation to construct the full Blomquist extension, consisting of the <br />Blomquist-Developer Segment, Blomquist-County Segment, Blomquist-City Segment, and the <br />entirety of the Off-Site Water Line (collectively, the “Blomquist Extension Work”) under the <br />Development Agreement and SIA is contingent upon (i) City obtaining a license or right of entry <br />allowing Developer to access a portion of the Blomquist Street extension that the County of San <br />Mateo owns (“County Authorization”) and City performing or causing performance of the <br />Abatement Work prior to August 23, 2023 (“County Segment Outside Date”) (collectively, the <br />“Blomquist Extension Contingencies”); the Blomquist Extension Work is also contingent on <br />Developer obtaining certain Non-County Authorizations (as defined in Section 3.3.C. of the <br />Development Agreement) required to construct the Blomquist – Developer Segment and <br />Blomquist - County Segment. <br />J. Concurrently herewith City and Developer are entering into a Second Amendment <br />to Subdivision Improvement Agreement (“Second Amendment to SIA”) (i) to memorialize and <br />confirm timely satisfaction of the Blomquist Extension Contingencies, (ii) increase the amounts <br />of certain improvement security required under the SIA, (iii) provide for the surety company which <br />issued improvement security guaranteeing Developer’s obligations under the SIA to represent, <br />warrant and confirm that all surety bonds previously issued for the benefit of City, including <br />performance and labor and materials bonds, remain in full force and effect and continue to guaranty <br />Developer’s obligations to construct and install the Work and Improvements pursuant to the terms <br />of the SIA, as amended by the First Amendment to SIA and Second Amendment to SIA, with such <br />written confirmation to be in form reasonably acceptable to City, and (iv) set forth a process by <br />which City may initiate proceedings to revert the Property to acreage pursuant to Government <br />Code Sections 66499.11 et seq., if Developer has not completed construction of all Work and <br />Improvements (as such terms are defined in the SIA) by a date certain as more particularly set <br />forth in the Second Amendment to SIA. <br />K. City and Developer now desire to amend the Development Agreement to (i) <br />memorialize and confirm timely satisfaction of the Blomquist Extension Contingencies, and (ii) <br />extend the Initial Term by three (3) years to a total of eleven (11) years to preserve Developer’s <br />rights under the Development Agreement and to preserve the public benefits associated with the <br />Development Agreement, and to make certain other amendments, all as provided below. <br />NOW, THEREFORE, in consideration of the promises, covenants and provisions set forth <br />herein, the receipt and adequacy of which is hereby acknowledged, the Parties agree as follows: <br />A G R E E M E N T S <br />1. Capitalized Terms. All capitalized terms used herein shall have the meanings given <br />in the Development Agreement, except as expressly otherwise defined in this Fourth amendment. <br />2. Amendment of Recital C. Recital C of the Development Agreement is deleted in <br />its entirety and replaced with the following (deletions shown in strike out; additions shown as <br />double underlined): <br />“Developer proposes to develop the Property with up to 131 three-story for sale, market- <br />rate townhomes at a density of approximately 17 units per acre, as well as associated open
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