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RESOLUTION NO. P- 2344 <br />RESOLUTION APPROVING SUBLEASE AGREEMENT <br />(PORTSIDE INVESTORS - PHASE I LEASE AGREEMENT) <br />(QUALITY LETTERS OF CREDIT, INC.) <br />BE IT RESOLVED BY THE BOARD OF PORT COMMISSIONERS OF THE CITY OF <br />REDWOOD CITY, AS FOLLOWS: <br />Pursuant to the provisions of Paragraph 33 of that certain Lease Agreement <br />dated May 31, 1984 (as amended) by and between the City of Redwood City acting <br />by and through its Board of Port Commissioners and Portside Investors - Phase I, a <br />California limited partnership ("Lessee"), that certain following -named document by <br />and between Lessee and the following- named tenant, a copy of which agreement is <br />on file in the office of the Port Manager, to which copy reference is hereby made for <br />the full particulars thereof, is hereby approved: <br />Standard Lease Agreement <br />Quality Letters of Credit, Inc. <br />483 Seaport Court, Suite 103 <br />Redwood City, CA 94063 <br />Regularly passed and adopted by the Board of Port Commissioners of <br />Redwood City, this 25th day of Ja,,,.a y 2017. <br />AYES, and in favor of said Resolution, Commissioners: <br />Commissioner Ralph Garcia, Secretary Lorianna K�rlstrop, <br />Vice Chairman Richard Dodge and Chairman R. Simms Duncan <br />NOES, Commissioners: <br />None <br />ABSENT, Commissioners: <br />Commissioner Richard <br />Clair <br />PRESIDENT, Board of Port Com issioners <br />R. Simms Duncan <br />/1 <br />SEC oard of ort Commissioners <br />Ka <br />Lorianna trop <br />