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5/22/00 <br /> ORIGINAL <br /> <br /> RESOLUTION NO. RD 2000-49 RD-00-49 <br /> <br /> RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF <br /> REDWOOD CITY APPROVING AND AUTHORIZING EXECUTION <br /> OF THE SECOND AMENDMENT OF THE DISPOSITION AND <br /> DEVELOPMENT AGREEMENT WITH SHEA HOMES LIMITED <br /> PARTNERSHIP FOR THE FRANKLIN STREET PROJECT <br /> <br /> WHEREAS, this Agency, and Shea Homes Limited Partnership, a <br />California limited partnership ("Shea") have negotiated a Second <br />Amendment (the "Amendment") to that certain agreement entitled <br />"Disposition and Development Agreement for Franklin Street Project," as <br />amended (the "DDA); and <br /> <br /> WHEREAS, this Agency has reviewed and considered said <br />Amendment. <br /> <br /> NOW THEREFORE, THE AGENCY DOES HEREBY RESOLVE AS <br />FOLLOWS: <br /> <br /> That certain Amendment entitled "Second Amendment of Disposition <br />and Development Agreement for the Franklin Street Project ~,~L~j,~c~'~ ,, by and <br />between the Shea and this Agency, a copy of which Amendment has been <br />executed by Shea and delivered to the Executive Director of the Agency, <br />hereby is approved by the Agency, and-the Chairperson and Secretary of the <br />Agency hereby are authorized and directed to execute and to attest, <br />respectively, this Amendment on behalf of the Agency. <br /> <br /> Passed and adopted by The Redevelopment Agency of the City of <br />Redwood City, at a regular meeting thereof held on the 22nd day of May, 2000, <br />by the following votes. <br /> <br /> AK/DES::ak: 5/15/00 <br /> <br /> <br />