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p�-oceedrr�g wit� const�uctipn a�nd �as�� �of the deve�apment an� proma�e the achiever��nt <br /> c�f�h�e private anc� pubNic ab�ectuves pf t�e ��vel�pmer�t; a�d <br /> V�JFN'E�EP��, Gifty d�si�es tc� advanc� the sa�ia-�cor��mic ir�ter�st� of the City and <br /> its resodents by ence�u�agiu�g quality deveQopment �rad econnmiic growtl� in tl�e <br /> d�ve�apmer�'k and �a�e �f the P�-o�erty, there�by e�nhanc�ng empl�yment �ppor�u�i#ies far <br /> residents and �x��ndirag �h� �Cu�y's ��an�mic k�ase. Th� lara�-te�m o�cu�ancy of I�nd <br /> contrd��tes t� ca�nm�nrty stability by� prov�d'ang services and jobs, an� encc�uraging <br /> erraplayees tc� b�c�m� ir�v�lv�d and activ� crnembers of tl�e comrriur�it�. City also <br /> desores t� g�in �F�� pub6lc b�nefits raf t�u� dewe(c�prnent, rncr�di�ng f�rrdirag fio�r <br /> rmpr�veme�ts ar�d comrr�unaty benef�t �r�agrams; an� <br /> '4�'�-9E�E��, fhe ter�rrs vf the Deve�c�prr�e�� Agre�rr�ent ir��lud� th� fi�lle�wir�9 <br /> cc�mmunity besnef'rts #ur�ded by ��a��c��d �Jr��versity: <br /> � IVeig�bc�r�oad S#�eet� �r�h��cement �Prpgrare� �NS��'y in th� a�rr�unt c�f <br /> nV I����'VQ� <br /> • G�amm�uniky Sust�inability Fund in ��e am�ur�� r��$4,(7��,�fl�l <br /> � BicycN� System pmprovenrnents nn the �rr���ant nf$45�,�f3� <br /> � �a�s Sh���er Imp��vements� ira �he amo�r�t o�$�l��},��t� <br /> � '',�Jat�� �ar�f� Pr�nprovemer�ts (for ���rg�n�y uvat�r s�pp�y) �r� �he �mo�unt �f <br /> $1,5�CD,q�O <br /> � �t��r�water Imprc�verner�ts (t� address �xis�ir�g f6��di�c� canditi�r�s Pn Prcaj�c� <br /> ��e�) fln tV�e arr�q�r�t of$1,�4�,0�3t� <br /> � Ec�nc�mrc C�evepopment in tl�� fprr� o� �xec��ive educ��i+�r� and ��nt��pre�aeu�- <br /> tr�inir�g pr�grarrrss �or Redwoad �Ci�y r+�srdents, bus�u�ess�s �nd City sta�f <br /> thr��ug'h the Stanfo�°d Urniversity+ Grad�aate Se�poo0 of ��usin,ess a4 a �atal <br /> �;s�imat��P cc�s� c����,�l�O,O�C} <br /> � Pa�tial fundir�g fc�r � nraulti-�se recr�ation ar�d wel�n�ss c+����r �� Re� I�art�an <br /> Park in tl�� amour�t of$1,4QQ,�On <br /> � Fuu�di�g �ow�rc� the su��m�r cort���ti �erue� in the am�a�n�� af$250,Q�f} <br /> � �i�y of �edv��ad City �ducati�n�A �o�anda�ian paycnenfi ir� th� �r���ur�t �f <br /> $��C�„C�CJO <br /> � Design an� �mprav�rner�t �� �'ubficfy Accessi�8� F'��vate �?pen �p�ce (2.4 <br /> acres �dja��c�t to Spina� P�rk) <br /> A�TY/RESt�.2895f PC�ESQ RECQMMENDIA�G APPR�9VAL OF S7ANF�5Ra L7A <br /> REV:D8•1'S-1,3 VR <br /> F�age 4 of 6 <br />