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<br />DES:sh 8/24/84 <br /> <br />RES 0 L UTI 0 N <br /> <br />N O. <br /> <br />9688 <br /> <br />ORIGINAL <br /> <br />AUG 2 7 1984 <br /> <br />RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF <br />SETTLEMENT AGREEMENT WITH RESPECT TO CERTAIN LITIGATION <br />(HOLMES, et al., v. ALL PERSONS INTERESTED etc., et <br />al.) <br /> <br />WHEREAS, the City of Redwood City is a named Defendant in <br /> <br />that certain action entitled OLGA HOLMES, et al., v. ALL PERSONS <br /> <br />INTERESTED IN THE MATTER OF THE REDEVELOPMENT PROJECT NO.2, <br /> <br />etc., et al., S.M. Cnty. Sup. Crt. No. 267736 ("the Action") <br /> <br />wherein Plaintiffs allege, among other matters, non-compliance <br /> <br />wi th certain provision of the Community Redevelopment Law and <br /> <br />allege the invalidity of the Redevelopment Plan for Redevelopment <br /> <br />Project No. 2 in the City of Redwood City; and <br /> <br />WHEREAS, a proposed settlement of the action has been <br /> <br />reviewed by and presented to this Council as evidenced in that <br /> <br />certain "Settlement Agreement" prepared for filing in said <br /> <br />action; and <br /> <br />WHEREAS, said Settlement Agreement, among other matters, <br /> <br />makes provisions for housing for moderate and low income persons <br /> <br />in the City of Redwood City consistent with this Council's policy <br /> <br />and the Community Redevelopment Law, and further provides for the <br /> <br />dismissal of the action without admission of liability by the <br /> <br />City; <br /> <br />NOW, THEREFORE; <br /> <br />BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY AS <br /> <br />FOLLOWS: <br /> <br />9688 <br />