Laserfiche WebLink
6.1 F <br />Page 22 <br />REIMBURSEMENT AGREEMENT ATTACHMEIMT <br />BETWEEN <br />THE CITY OF REDWOOD CITY <br />AND <br />REDWOOD CITY PLANT SITE, LLC <br />THIS REIMBURSEMENT AGREEMENT ("Agreement") is made and entered into on <br />the day of , 2010 by and between the CITY OF REDWOOD CITY, a charter city <br />and California municipal corporation ("C~"), and REDWOOD CITY PLANT SITE, LLC a <br />Delaware limited liability company ("Saltworks"} (collectively, the "Parties"). <br />RECITALS <br />A. By Resolution #14609, adopted in September 2004, City established a Cost <br />Recovery Policy for major planning applications that requires an applicant for planning approvals <br />to pay the costs of processing the application. Reimbursement includes among other things the <br />cost for City staff, consultants, including environmental consultants, and special legal counsel. <br />B. Saltworks has a legal and/or equitable interest in approximately 1,436 contiguous <br />acres of real property located within the City, east of Seaport Boulevard and north of US-101, as <br />depicted in the attached Exhibit A-1, and as more particularly described in the attached Exhibit <br />A-2 (the "Pro ert "). <br />C. Saltworks has submitted to City applications (collectively, the ``Applications") for <br />certain planning approvals, including environmental review, required for a project that Saltworks <br />proposes to develop on the Property. The Applications request approval of a general plan <br />amendment, rezoning and associated amendments to the zoning code, specific plan and <br />development agreement (collectively, the "Entitlements"). <br />D. City and Saltworks have entered into this Agreement to implement the <br />reimbursement policy of Resolution #14609 pursuant to which City will review the Applications <br />and Saltworks will fund that review. Nothing in this Agreement is or should be construed to be a <br />covenant, promise, or commitment by City (including, without limitation, any agency, board, or <br />commission of the City) to grant any Entitlement or to act to final decision on any Application, <br />nor shall it prevent City (including, without limitation, any agency, board, or commission of the <br />City) from acting on any Application in any manner other than that deemed proper by City. <br />E. If City concludes that its environmental review document should be prepared to <br />address the requirements of the National Environmental Policy Act (i.e., as a joint EIR-EIS), then <br />any additional work required thereby will be covered by this Agreement. <br />ATTY/AGR/2010.044 <br />051210 <br />