HomeMy WebLinkAboutReso RDA 9-1996 RESOLUTION NO. 9=96
REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO
STATE OF CALIFORNIA
A RESOLUTION APPROVING AN OWNER PARTICIPATION
AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY AND
ROBERT AND KATHLEEN GIORGI FOR PARCEL NOS. 012-335-590
AND 012-335-610 (S/E CORNER OF BADEN AND LINDEN AVENUES.)
RECITALS
WHEREAS, the South San Francisco Redevelopment Agency is authorized to and
desires to enter into an Owner Participation Agreement which provides for transfer of
properties between the City, the Redevelopment Agency, and Robert and Kathleen Giorgi
and also provides for the improvement of a parking lot and installation of a turn lane at the
southeast comer of Baden and Linden Avenues;
WHEREAS, Robert and Kathleen Giorgi agree to the terms of the Owner
Participation Agreement and desire to enter said agreement;
NOW THEREFORE, the Redevelopment Agency of South San Francisco does hereby
resolve as follows:
1. The Redevelopment Agency hereby approves the Owner Participation
Agreement related to the property located at the southeast comer of Baden and Linden
Avenues (APN Nos. 012-335-590 and 012-335-610) between Robert and Kathleen Giorgi and
the Redevelopment Agency of South San Francisco including the land transfers and
reimbursement provisions therein.
2. The Executive Director is hereby authorized to execute the Owner
Participation Agreement on behalf of the Redevelopment Agency of South San Francisco. A
copy of the Owner Participation Agreement is available for review at the City Clerk's office.
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 regul ar
meeting held on the 24th day of duly , 1996 by the following
vote:
AYES: Boardmembers Joseph A. Fernekes, Eugene R. Mullin, Robert Yee
and Chairman Jack Drago
NOES: Nnno
ABSTAIN: None
ABSENT: Boardmember John R. Penna
Redevelopment Agency of the
City of South San Francisco
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