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HomeMy WebLinkAboutReso RDA 1-1994 RESOLUTION NO. 1-94 REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO STATE OF CALIFORNIA A RESOLUTION APPROVING AGREEMENT BETWEEN THE PRICE COMPANY AND THE CITY OF SOUTH SAN FRANCISCO AND APPROVING BUDGET AMENDMENT 94-1 RELATING TO THE CONTAMINATED SOILS CLEAN-UP ON THE PRICE CLUB PROPERTIES LOCATED AT 451 & 479 SOUTH AIRPORT BLVD WHEREAS, following expansion of the Price Club's facility at 451 South Airport Boulevard, non-hazardous contaminated soil containing organics and hydrocarbons was removed from the store site AT 451 South Airport Boulevard and located across the street at 479 South Airport Boulevard; and WHEREAS, rather than pursue litigation as a means to resolve the issue of clean-up responsibility, the City and Price Club have agreed to provide for sharing responsibility by entering into an Agreement. A copy of the Agreement is on file in the Office of the City Clerk; and WHEREAS, at the time the 1993-94 Agency budget was approved this particular project was not anticipated; and WHEREAS, in order to fund the City's portion of the contaminated soils clean-up it is necessary for the Agency to approve a budget amendment in the amount of $50,000. NOW, THEREFORE, BE IT RESOLVED, by the Board of the Redevelopment Agency of the City of South San Francisco that: 1. It hereby adopts this budget amendment to appropriate $50,000 from the undesignated fund balance of the Downtown Central Redevelopment Project Area to the Project Area Operating Budget. 2. The City Manager, on behalf of the City of South San Francisco, is hereby authorized to execute the Agreement. 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 re.qu]ar meeting held on the 9th day of March , 1994 by the following vote: AYES: Boardmembers John R. Penna, Roberta Cerri Teqlia, Robert Yee and Chairman Joseph A. Fernekes NOES: None ABSTAIN: None ABSENT: B0ardmember Jack Drag0 ATTEST: f~ ~~ Clerk // Redevelopment AgeTfcy of the City of South San Francisco Price.RDA 2