HomeMy WebLinkAboutRDA Minutes 1982-06-02 MINUTES
SOUTH SAN FRANCISCO REDEVELOPMENT AGENCY
June 2, 1982
Regular Meeting
TIME: 7:00 p.m.
PLACE: Community Room, Municipal Services Building
CALL TO ORDER: Chairman Roberta C. Teglia called the South San Francisco
Redevelopment Agency meeting to order at 7:06 p.m.
ROLL CALL: Present: Chairman Roberta C. Teglia; Vice Chairman Mark N.
Addiego; Members Ronald G. Acosta, Gus Nicolopulos
Absent: Member Emanuele N. Damonte
Also present: Executive Director/Secretary C. Walter Birkelo,
Assistant Secretary Louis Dell'Angela, Agency Counsel
Herman Fitzgerald, Director of Finance Barry Lipton.
Representatives from Homart Development Company:
Messrs. John Aguilar, Charles Berling; Homart Counsel
t,lilliam Mackey; Messrs. Dayo Dowunmi, George Homolka,
Wilsey & Ham.
AGENDA REVIEW: Executive Director Birkelo remarked that there was nothing to add
to the agenda.
APPROVAL OF MINUTES: Member Acosta moved, seconded by Member Addiego, that the Minutes
of the Regular Meeting of May 19, 1982, be approved. Motion, as
made and seconded, was regularly carried; Member Damonte, absent.
APPROVAL OF BILLS: Member Addiego moved, seconded by Member Acosta, that the claims
as submitted for payment, be approved. Motion, as made and
seconded, was regularly carried; Member Damonte, absent.
ATTENDANCE OF Member Damonte appeared present at 7:07 p.m.
MEMBER DAMONTE:
Executive Director Birkelo explained the presence of the same
APPROVAL OF AGREEMENT resolution on the Agency's and City Council's agendas which would
FOR SUBDIVISION approve and authorize execution of the agreement, "Agreement -
IMPROVEMENTS Subdivision Improvements Gateway Center." He explained that,
GATEWAY CENTER normally, the agreement would be presented at the time of approval
of the Final Map, but the developer desires to obtain a Building
Permit for Phase I; the agreement covers offsite improvements
related to the project. He stated that the .estimated cost to
accomplish the work is $12,688,744, that Homart would provide
~ DIVISION IMPROVEMENTS 100% surety (by placing adequate securities in escrow) until
~ EWAY CENTER sale of the assessment bonds, and provide surety equal to 15%
(Continued) of project costs thereafter until completion. The City's share
of the improvements would be paid by the agency from tax increment
receipts as provided for inthe previously approved repayment
agreement.
RESOLUTION NO. 34 Member Acosta moved, seconded by Member Damonte, that the
APPROVING & AUTHORIZING resolution entitled, "A RESOLUTION APPROVING AND AUTHORIZING
EXECUTION OF AGREEMENT EXECUTION OF AN AGREEMENT ENTITLED 'AGREEMENT - SUBDIVISION
SUBDIVISION IMPROVEMENTS IMPROVEMENTS - GATEWAY CENTER,'" be approved and adopted.
GATEWAY CENTER
Roll call vote was as follows: Ayes, Members Ronald G. Acosta,
Mark N. Addiego, Emanuele Ne Damonte, Gus Nicolopulos, and
Roberta Cerri Teglia. Noes, none. Absent, none.
COMMENTS REGARDING Executive Director Birkelo next commented on the delayed sale
DELAYED SALE OF NOTES of the Notes. He explained the postponement in that the Bank of
America was reluctant to issue a legal opinion and that this
matter was being negotiated. He stated that the Board would be
notified of the firm date.
GOOD AND WELFARE: Chairman Teglia inquired if anyone in the audience wished to speak.
No one spoke.
P' 3URNMENT: Member Acosta moved, seconded by Member Addiego, that the meeting
be adjourned. Motion, as made and seconded, was uanimously carried.
Time of adjournment: 7:15 p.m.
APPROVED:
ri leg/ia' Chai~en
South San Francisco RedeveTopment Agency
RESPECTFULLY SUBMITTED,
C. Walter Bir~elo, Executive Director/Secretary
South San Francisco Redevelopment Agency
T~--entries of this Redevelopment Agency meeting show the action taken by the Board to dispose
o ~he item. Documents related to the items are on file in the office of the City Manager and
a ilable for inspection, review, and copying.
6/2/82
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