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WHEREAS, an agreement has been presented to, and reviewed by, this <br />- Agency providing for the advance funding of such activities and services and this <br /> Agency desires to approve said agreement and authorize its execution; <br /> BE IT RESOLVED BY THE REDEVELOPMENT AGENCY OF THE CITY <br /> OF REDWOOD CITY, AS FOLLOWS: <br /> That certain agreement by and between the City of Redwood City, a <br /> municipal corporation of the State of California, the Redevelopment Agency of <br /> the City of Redwood City, a public body corporate and politic, and Shea Homes, <br /> Limited Partnership, a California limited partnership corporation, entitled, <br /> "Advance Funding Agreement for the Franklin Street Project" (form dated <br /> 01/20/98), providing for advance funding of certain activities and services relating <br /> to the proposed Project of Redwood City Redevelopment Project No. 2, a copy <br /> of which agreement is on file in the office of the Executive Officer for Agency, to <br /> which copy reference is hereby made for the full particulars thereof, is hereby <br /> approved, and the Executive Officer is hereby authorized and directed to <br /> execute, and to attest thereto, respectively, said agreement for and on behalf of <br /> the Redevelopment Agency of the City of Redwood City. <br /> <br /> RD-004 <br /> F;/Shared/Redwood/Council/Reso <br /> DES:rg <br /> 01/20/98 R.D 9 8 -0 3 <br /> <br /> <br />