Agmt98 Max Keech et al-Ord 2136 - Laserfiche WebLink

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SETTLEMENT AND RELEASE AGREEMENT THIS SETTLEMENT AND RELEASE AGREEMENT ("Agreement") is made and entered into as of December , 1997 by and between the City of Redwood City ("City") and Max Keech, Mark Kendall and Robert Radanovich (collectively, the "Owners"). The City and the Owners are sometimes collectively referred to herein as the "Parties" and individually each as a "Party". RECITALS WHEREAS, the Owners currently own all of that certain real property (the "Property") located in the City of Redwood City, County of San Mateo, State of California, described as follows: Lots 4 and 5 shown on that certain map entitled "Lido Neighborhood Unit No. 1", which map was recorded on June 27, 1996 in volume 126 of Subdivision Maps at pages 76, 77, 78 and 79, Official Records of San Mateo County, California. WHEREAS, pursuant to Resolution No. 12023 adopted July 26, 1993, by this Council, the Lido Neighborhood Specific Plan (the "Specific Plan") was adopted; WHEREAS, pursuant to Ordinance No. 1130-289 adopted August 16, 1993, by this Council, the area within the Specific Plan was rezoned from the "TP" ("Tidal Plain") Zoning District Classification to the "R-1," "R-2," "R-3," "CG," "PF," and "TP-W" Zoning District Classifications with Lido Lots 8A and 8B (now designated Lots 4 and 5) being zoned CG (Commercial General); WHEREAS, Section 15.2 of Ordinance No. 1130, as amended, the Redwood City Zoning Ordinance (the ~Zon. Ord.") permits, within the CG Zoning District Classification, among other uses, business or professional offices, and parking lots and garages and Section 15.5 of the Zon. Ord. provides that structures within the CG Zoning District Classifications shall not exceed 75 feet in height; WHERF~, Policy 17 of the Specific Plan provides; "Designate Parcels 8A and 8B for general commercial uses that are compatible with nearby housing. Uses allowed by right on Parcels 8A and 8B include retail and wholesale nurseries, public storage/ warehousing, public recreational or other parking, and low-rise office/R & D. Other conditional uses, subject to securing a use permit, may be identified by the City."