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1/29/01 <br />0RIr, IilAL <br />R ESOLUT ION NO. 14141 <br />R ESOLUT ION NO. RD- 01 -61 <br />CONCURRENT RESOLUTION OF THE COUNCIL AND REDEVELOPMENT <br />AGENCY OF THE CITY OF REDWOOD CITY CERTIFYING, REVIEW AND <br />CONSIDERATION OF THE FINAL ENVIRONMENTAL IMPACT REPORT ON, <br />AND APPROVING EXECUTION OF THE DISPOSITION AND <br />DEVELOPMENT AGREEMENT FOR, THE DOWNTOWN RETAIL- CINEMA- <br />OFFICE AND PARKING PROJECT, MAKING FINDINGS REQUIRED BY THE <br />CALIFORNIA ENVIRONMENTAL QUALITY ACT, ADOPTING STATEMENTS <br />OF OVERRIDING CONSIDERATIONS, AND ADOPTING A MITIGATION <br />MONITORING PROGRAM PROVIDING FOR THE IMPLEMENTATION OF <br />IDENTIFIED MITIGATION MEASURES RELATING TO THE PROJECT <br />RECITALS <br />WHEREAS, Redevelopment Agency of the City of Redwood City <br />( "Agency ") contacted all owners of property within that area of the Downtown <br />Subarea of Redevelopment Project Area No. 2 proposed for a retail- cinema <br />complex project ( "Project Site ") to ascertain if they desired to exercise their owner <br />participation rights under the Community Redevelopment Law (Health and <br />Safety Code §33000 et seq., or "CRL "), but no owner proposed to exercise such <br />rights; and <br />WHEREAS, Agency conducted a request for proposal process which <br />resulted in selecting Western Innisfree Ventures, LLC ( "Developer') to propose <br />development of the Project Site and to determine the feasibility of entering into a <br />disposition and development agreement ( "DDA ") for such development <br />pursuant to the California Redevelopment Law ( "CRL "); and <br />WHEREAS, Agency entered into an Agreement to Negotiate Exclusively <br />with Developer dated June 10, 1999 (the "ERN ") related to proposed <br />development of a retail cinema complex project, the term of which ERN has <br />1 RD -040 <br />Concurrent Cinema Resolution: <br />1/24/01 <br />