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CC Resolution No. 02-022RESOLUTION NO. 02-022 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE TERMS OF THE SETTLEMENT AGREEMENT BET'vVEEN THE CITY OF CUPERTINO, CUPERTINO REDEVELOPMENT AGENCY, CUPERTINO CITIZENS FOR AFFORDABLE HOUSING, GERTRUDE WELCH AND JOSEPHINE SADLER; AND AUTHORIZING THE MAYOR AND/OR THE CITY MANAGER TO SIGN THE AGREEMENT ON BEHALF OF THE CITY WHEREAS, on August 21, 2000, the City Council of the City of Cupertino and the Cupertino Redevelopment Agency adopted a Redevelopment Plan for the Cupertino Vallco Redevelopment Project; and WHEREAS, on October 17, 2000, Cupertino Citizens for Affordable Housing, Gertrude Welch and Josephine Sadler filed an action to challenge the validity of the Redevelopment Plan; and WHEREAS, City staff and the Redevelopment Agency Attorney have negotiated a settlement agreement with Cupertino Citizens for Affordable Housing, Gertrude Welch and Josephine Sadler; and WHEREAS, the Settlement Agreement has been presented to the City Council and the Cupertino Redevelopment Agency Board; and WHEREAS, the terms, conditions and provisions of the Settlement Agreement have been reviewed and approved by the City Attorney and the Redevelopment Agency Attorney; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino hereby approves the aforementioned Settlement Agreement and authorizes the Mayor and/or the City Manager to sign the agreement on behalf of the City of Cupertino. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 22nd day of January, 2002, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: None ABSTAIN: None ATTEST: Lowenthal, Chang, James, Kwok, Sandoval None G:\City Clerk\Resolutions~002 Resolutions\02-022 Vallco settlement.doc