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C .4 6.3 <br />hearing on the proposed Project, and all other matters deemed material <br />and relevant to the proposed Project. <br />Section 2. In consideration of the foregoing findings, this Council hereby <br />concludes and declares that the "Eighth Amendment to and Restatement of <br />Development Agreement" by and between the City of Redwood City, Redwood Shores <br />Properties, and Redwood City General Improvement District No. 1 -64 is for the <br />purpose, inter alia, of extending the term of the Development Agreement and remains <br />consistent with the General Plan of the City of Redwood City and should be approved. <br />Section 3. The Eighth Amendment to and Restatement of Development <br />Agreement, which amends the Amended Development Agreement, a copy of which is <br />on file in the office of the City Clerk, and incorporated herein by reference as though <br />fully set forth herein, is hereby approved, and the City Manager is hereby authorized to <br />execute the Amendment for and on behalf of the City of Redwood City, and the Mayor <br />of the City of Redwood City, acting as President of the Redwood City General <br />Improvement District No. 1 -64, is authorized to execute the Amendment on behalf of <br />the Redwood City General Improvement District No. 1 -64. <br />Section 4. Except as otherwise provided in the Eighth Amendment to and <br />Restatement of the Development Agreement, the Amended Development Agreement <br />shall remain unchanged and in full force and effect. <br />Section 5. The City Clerk shall cause a copy of this Ordinance and the Eighth <br />Amendment to and Restatement of Development Agreement to be recorded in the <br />office of the San Mateo County Recorder within ten (10) days after its execution, <br />F:Atty /Ord /Ord.190 4 <br />071003 <br />