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izizvzo�o WHEREAS, in furtherance of providing a viable alternative site for the Replacement Jail Facilities located outside the downtown area of the Redevelopment Project, City has approved and authorized conveyance of the City Strips Property to the Agency and Agency has approved and authorized acceptance of conveyance ofthe City Strips Property for purposes of subsequently conveying such land to the County, subject to certain conditions; and WHEREAS, Section 33430 of the Community Redevelopment Law provides, in part, that within the survey area or for purposes of redevelopment an agency may sell, lease for a period not to exceed 99 years, exchange, subdivide, transfer, assign or otherwise dispose of any real or personal property or any interest in property by gift, grant, bequest, devise or otherwise; and WHEREAS, in order to carry out the goals and objectives of the Redevelopment Plan within the downtown area, the Agency, subject to certain conditions, wishes to convey by grant deed the City Strips Property to County for the purpose of providing County with the additional land required by the County to develop the Replacement Jail Facilities on the Woodhouse Industrial Park Property; . NOW THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The Agency hereby approves and authorizes conveyance, by grant deed, of the City Strips Property to the County of San Mateo for purposes of carrying out the goals and objectives of the Redevelopment Plan for the downtown area, subject to satisfaction of the following conditions: a. County shall have closed escrow for the purchase of the � Woodhouse Industrial Park Property; b. The Woodhouse Industrial Park Property shall be vacant and free of possession of any tenants or other occupants. c. All existing improvements on the Woodhouse Industrial Park Property shall have been demolished. d. All permits required for construction of the Replacement Jail Facilities or other County public use shall have been obtained by the County. e. County shall have completed environmental review of the proposed Replacement Jail Facilities on the Woodhouse Industrial Park Property in accordance with the California Environmental Quality Act. Upon satisfaction or waiver by the City Manager of the conditions in b. through e. above, County shall accept conveyance of the City Strips Property by a Grant Deed that shall include a reverter clause in favor of the Agency in the event the Woodhouse ATTY/RESO/RF50.2074 RD N 720.11 112910 2 MUFF k 401