Loading...
HomeMy WebLinkAbout2010-03-24 e-packet°~x~~S=~~.~ MINUTE S ~, ~ SURPLUS PROPERTY AUTHORITY o OF THE c'~LIFOR~~~ CITY OF SOUTH SAN FRANCISCO DECEMBER 9, 2009 MUNICIl'AL SERVICES BUILDING COMMUNITY ROOM 33 ARROYO DRIVE 1. Call to Order 10:26 p.in. 2. Roll Call Present: Boardmembers Garbarino, Gonzalez and Matsumoto, Vice Chairman Mullin, Chairman Addiego Absent: None 3. Public Comments. None. 4. Motion to approve the minutes of December 10, 2008. Motion- Boardmember Gonzalez/Second- Boardmember Matsumoto: To approve the minutes of December 10, 2008. Unanimously approved by voice vote. City ivlanager Nagel explained the General Services Agency (GSA) regt?fired local agencies to establish a Surplus Property Authority when they desired to purchase surplus federal property on an installment plan. 5 . Adjournment. Being no further business, Chairman Addiego adjourned the meeting at 10:27 p.m. Submitted by: Approved: Krista Martinelli-Larson., Clerk City of South San Francisco Mark Addiego, Chairman City of South San Francisco SURPLUS PROPERTY AUTHORITY ~°°~x"S~~~ OF THE CITY OF SOUTH SAN FRANCISCO ° P.O. Box 711 (City Hail, 400 Grand Avenue) c'~LIFOR~~~ South San Francisco, California 94083 Meeting to be held at: MUNICIPAL SERVICES I3LIILDING CITY COUNCIL COMMUNITY ROOM 33 ARROYO DRIVE WEDNESDAY, MARCH 24, 2010 6:55 P.M. NOTICE IS HEREBY GIVEN, pursuant to Section 54956 of the Government Code of the State of California, the Surplus Property Authority of the City of South San Francisco will hold a Special Meeting on V~'ednesday, the 24th day of March, N10 at 6:55 p.m., in the Municipal Services Building, Community Room, 33 Arroyo Drive, South San Francisco, California. Purpose of the meeting: 1. Call to Order. 2. Roll Call. 3. Public Comments. 4. Motion to approve the minutes of December 9, 2009. 5 . Adjournment. Krista Martinelli-Larson, City Clerk MINUTE S INDUSTRIAL DEVELOPMENT ~ ~~sx~~s~~.~ AUTHORITY OF THE H n ~ ~ CITY OF SOUTH SAN FRANCISCO J 0 c'~LIFOR~~~ DECEMBER 9, 2009 MUNICIPAL SERVICES BUILDII~TG COMMUNITY ROOM 33 ARROYO DRIVE 1. Call to Order 10:22 p.m. 2. Roll Call Present: Boardmembers, Garbarino, Gonzalez and Matsumoto, Vice Chairman Mullin Chairman Addiego. Absent: None 3. Public Comments I\TOne. 4. Motion to approve the minutes of December 10, 2008. Motion- Boardmember Garbarino /Second- Boardmember Gonzalez: To approve the minutes of December 10, 2008. Unanimously approved by voice vote. City Manager Nagel explained the authority was set up on March 28, 1984 to allow the City to facilitate the sale of pass through tax-exempt bonds for use by private companies under certain conditions restricted by the Internal Revenue Service. The State also institutes an annual cap on the total industrial development bonds that can be issued in the State in the upcoming year. Chair Addiego questioned if this authority had conducted business in the recent past and whether its perpetuation was necessary. Staff agreed to look into whether dissolution was preferable. 5 . Adjournment. Being no further business, Chairman Addiego adjourned the meeting at 10:25 p.m. Submitted by: Krista Martinelli-Larson, Clerk City of South San Francisco Approved: Mark Addiego, Chairman City of South San Francisco