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Page 1 of 4 <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: December 22, 2025 <br />SUBJECT <br />Adoption of an ordinance approving the Fourth Amendment to the Development Agreement between the <br />City of Redwood City and 1548 Maple, LLC <br />SUMMARY <br />On December 8, 2025, the City Council held a public hearing to consider a proposed amendment to the <br />Development Agreement for 1548 Maple Street project and introduced an ordinance amending the <br />Development Agreement. This item proposes the required second reading and adoption of the ordinance <br />to amend the Development Agreement. <br />RECOMMENDATION <br />Waive second reading and adopt an ordinance approving the Fourth Amendment to the Development <br />Agreement between the City of Redwood City and 1548 Maple, LLC. <br />STRATEGIC PLAN GUIDING PRINCIPLE <br /> <br />Housing <br />Transportation <br />BACKGROUND <br />In 2016, Developer 1548 Maple, LLC (formerly controlled by Strada Investment Group) applied to develop <br />131 townhomes with associated site and landscape improvements including construction of a new Bay <br />Trail and the Blomquist Street Extension from Maple Street to the Redwood Creek, (Project). The <br />townhomes are clustered within 20 three-story buildings with attached garages and include 88 two- <br />8.Q. - Page 1 of 22 <br />744