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WHEREAS, Applicant has requested and the City is now in a position to <br />guarantee sufficient sewage treatment capacity, as a result of a written agreement reached <br />by the City and RSP with respect to the extent of RSP's rights to sewage treatment <br />capacity; an <br />WHEREAS, Applicant has entered into a contract for the sale of Lots 1 and 2; <br />and <br />WHEREAS, if the Electronic Arts Property is owned by different entities, the <br />default of one should not ternninate or otherwise affect the rights of the other under the <br />Development Agreement; and <br />AREAS, the Planning Commission has held a dulyrnoticed public hearing, at <br />which public comment relating to the .amendment of the Development Agreement has <br />e <br />been received; <br />NOW, THEREFORE; <br />BE IT RESOLVED BY THIS PLANNING COMMISSION AS FOLLOWS.: <br />1. The foregoing recitals are true and correct. <br />. The Planning Commission recommends that the City Council of the City <br />of Redwood City approve the second Amendment to the Development Agreement (the <br />"Second Amendment ") as set forth in Exhibit A, attached hereto and incorporated by <br />reference herein. <br />The Planning Commission hereby finds that the Second Amendment is <br />consistent with the General Plan of the City of Redwood City. The "Findings of <br />Consistency Between the Electronic Arts Master Plan Project and the general Plan of the <br />City of Redwood City" as attached to Ordinance No. 2114, adopted by the City Council <br />on August 26, 1996, are hereby adopted and incorporated herein by reference. <br />.BE lT FURTHII RESOLVED that this Resolution approved, adopted and <br />signed this day of , 998 and shall take effect i ediately. <br />PLArG 9DWOOD ISSION OF <br />THE CIY I1 CITY <br />B <br />Chaff an the Planning Commission <br />of the City of Redwood .City <br />2 <br />