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NOW, THEREFORE, THE SUCCESSOR AGENCY TO THE REDWOOD CITY <br /> REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: <br /> Section 1. The recitals set forth above are true and correct and incorporated <br /> herein. <br /> Section 2. The City of Redwood City hereby approves the Agreement for <br /> Payment of CaIPERS Pension and Retiree Health Benefit Unfunded Liabilities, <br /> attached hereto as Exhibit A and incorporated herein by this reference. <br /> Section 3. This resolution takes effect upon adoption. <br /> * * * <br /> ATfY/RES0.2820/CITY-RESO PENSION AND OPEB PAYMENTS <br /> REV:01-17-13 VR Page 2 of 2 <br />