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HomeMy WebLinkAboutReso RDA 7-2000 RESOLUTION NO. 7-2000 REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING THE EXECUTION OF AN EXCLUSIVE NEGOTIATING RIGHTS AGREEMENT BETWEEN THE CITY OF SOUTH SAN FRANCISCO, THE REDEVELOPMENT AGENCY AND TERRANOMICS DEVELOPMENT WHEREAS, City Council and Agency action will provide the authority to explore the feasibility for the potential development of the Agency property at the comer of 200 Linden Avenue; and WHEREAS, if the recommendation is accepted by the Agency, it would lead to the negotiation of a Disposition and Development Agreement for the reuse of this property; and WHEREAS, the feasibility analysis for the reuse of the Central Fire Station site would provide necessary information to guide the City Council in its decisions regarding the reuse of the fire station site, once the Central Fire station is relocated, which is now in the planning stages. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of South San Francisco that it hereby authorizes the execution of an Exclusive Negotiating Rights Agreement between the City of South San Francisco, the Redevelopment Agency and Terranomics Development. 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 Regular meeting held on the 22nd day of March , 2000 by the following vote: AYES: Boardmembers James L. Datzman, Eugene R. Mullin and John R. Penna, Vice Chair Joseph A. Fernekes and Chair Karyl Matsumoto NOES: None. ABSTAIN: None. ABSENT: None. C :\M y Documents\R ESO\201 grandave.rda.doc