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• C o o y <br /> yearly increases and the rent during the fourth year of the Lease Agreement is <br /> $3,600 per calendar month. <br /> Section 2. The Port undertook a review of the Project (approval of the <br /> Lease Agreement) under CEQA and finds and determines that the Project is <br /> categorically exempt. <br /> Section 3. The President and Secretary of the Board of Port <br /> Commissioners of the City of Redwood City are hereby authorized and directed <br /> to execute the aforesaid Lease Agreement for and on behalf of the City of <br /> Redwood City, acting by and through its Board of Port Commissioners. <br /> Section 4. This ordinance shall be effective thirty (30) days after its <br /> adoption. <br /> * * * * * <br /> Introduced on the 13th day of April , 2011. <br /> Passed and adopted as an ordinance of the Board of Port Commissioners <br /> of the City of Redwood City this :' 271-h day of Apr; , 2011. <br /> • <br /> AYES, COMMISSIONERS: Commissioner Richard Dodge; Commissioner Tom Cronin; <br /> Secretary Lorianna Kastrop; Vice Chairman Richard Claire; and <br /> Chairman Ralph Garcia <br /> NOES, COMMISSIONERS: none <br /> ABSENT, COMMISSIONERS:none / <br /> A .p.„..a•"_...edir <br /> 7r esident, Board of Port Commissioners <br /> Alif <br /> O r -tary, Boa • of Po - Commissioners <br /> Port 2 Ordinance P -247 <br /> HASA, Inc. <br /> 04/08/11 <br /> so <br />