HomeMy WebLinkAboutReso RDA 18-1992 RESOLUTION NO. 18-92
REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO
STATE OF CALIFORNIA
A RESOLUTION ADOPTING THE 1992 AMENDMENT
TO THE AMENDED RESTATED OWNER PARTICIPATION
AND DEVELOPMENT AGREEMENT WITH HOMART
DEVELOPMENT CORPORATION AND APPROVING THE
REPAYMENT AGREEMENT
BE IT RESOLVED by the Redevelopment Agency of the City of
South San Francisco that:
1. The 1992 Amendment to the Amended Restated Owner
Participation and Development Agreement with Homart Development
Corporation is hereby approved. A copy of the Agreement is on
file in the office of the Clerk of the Redevelopment Agency.
2. The Repayment Agreement is hereby approved between
the Redevelopment Agency of the city of SoUth San Francisco and
Homart Development Corporation. A copy of the Agreement is on
file in the office of the Clerk of the Redevelopment Agency.
3. The Chairman is authorized to execute the Agreements
referred to in 1. and 2. above.
I hereby certify that the foregoing Resolution was
regularly introduced and adopted by the Redevelopment Agency of
the City of South San Francisco at a special meeting
held on the 18th day of November , 1992 by the
following vote:
AYES: Boardmembers Jack Drago, Joseph A. Fernekes, Roberta Cerri Teglia,
and Chairman John R. Penna
NOES:Boardmember Robert Yee
ABSTAIN:None
ABSENT:None
ATTEST:
Redevelopment Agency of the
City of South San Francisco