HomeMy WebLinkAboutRDA Minutes 1996-12-18 Chairman Joseph A. Fernekes M I N U_. T E S ~/19 L. ~'
Boardmembers:
Eugene R. Mullin Redevelopment Agency I ~ ~ ' I 2~ 7
John R. Penna
~Robert Yee Municipal Services Building
Community Room
December 18, 1996
~P_E. C I A L M_E_E!!NG
REDEVELOPMENT AGENCY
OF THE
CITY OF SOUTH SAN FRANCISCO
DECEMBER 18, 1996
NOTICE IS HEREBY GIVEN, pursuant to Section 54956 of the Government Code of the State of California, that
the Redevelopment Agency of the City of South San Francisco will hold a Special Meeting on Wednesday, the 18th of
December 1996, at 7:00 p.m. in the Municipal Services Building, Community Room, 33 Arroyo Drive, South San
Francisco, California.
Purpose of the meeting:
CALL TO ORDER
CONSENT CALENDAR
1. Motion to approve the Minutes of the Regular Meeting of 11/13/96.
2. Motion to confirm expense claims of 11/27/96 and 12/11/96.
3. Resolution adopting the Housing Replacement Plan (CDBG).
A RESOLUTION APPROVING THE HOUSING REPLACEMENT PLAN FOR THE REDEVELOP-
MENT AGENCY
4. Resolution approving a purchase and sale agreement for 432 Baden and directing the Clerk to record the
grant deed.
A RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR TO PREPARE AND EXECUTE
PURCHASE DOCUMENTS AND A CERTIFICATE OF ACCEPTANCE FOR ACQUISITION OF 432
BADEN AVENUE AND DIRECTING THE CLERK TO RECORD THE GRANT DEED
5. Resolution approving the Owner Participation Agreement, promissory note and deed of trust for the
Liberty Hotel at 421 Cypress Avenue for a rehabilitation loan from the Agency's Low/Moderate Income
Housing Fund (CDBG).
A RESOLUTION APPROVING AN OWNER PARTICIPATION AGREEMENT WITH THE OWNERS
OF THE LIBERTY HOTEL WHICH INCLUDES A $150,000 REHABILITATION LOAN AUTHORIZ-
ING THE EXECUTIVE DIRECTOR TO EXECUTE THE NECESSARY LOAN DOCUMENTS
GOOD AND WELFARE
12/18/96
Page 1
CLOSED SESSION
6. Closed Session pursuant to GC 54956.8, real property negotiations for acquisition of property at 159
Oyster Point Boulevard.
ADJOURNMENT
Dated: December 12, 1996 Clerk of the Redevelopment Agenc~
City of South San Francisco
AGENDA ACTION TAKEN
CALL TO ORDER: (Cassette No. 1) 7:05 p.m. Chairman Fernekes presiding.
ROLL CALL: Boardmembers present: Mullin, Penna, Yee and
Fernekes.
Boardmembers absent: None.
AGENDA REVIEW AGENDA REVIEW
Executive Director Wilson Requested:
- Continue Item No. 4. So ordered.
ONSENT CALENDAR CONSENT CALENDAR
1. Motion to approve the Minutes of the Regular Meet- Approved.
ing of 11/13/96.
2. Motion to confirm expense claims of 11/27/96 and Approved in the amount of $139,186.22.
3. Resolution adopting the Housing Replacement Plan
(CDBG). 5q03
A RESOLUTION APPROVING THE HOUSING RESOLUTION NO. 17-96
REPLACEMENT PLAN FOR THE REDEVELOP-
MENT AGENCY
4. Resolution approving a purchase and sale agreement Removed from the Consent Calendar by the Execu-
for 432 Baden and directing the Clerk to record the tive Director during Agenda Review.
grant deed. orq'D3
A RESOLUTION AUTHORIZING THE EXECU-
TIVE DIRECTOR TO PREPARE AND EXECUTE
PURCHASE DOCUMENTS AND A CERTIFICATE
OF ACCEPTANCE FOR ACQUISITION OF 432
BADEN AVENUE AND DIRECTING THE
CLERK TO RECORD THE GRANT DEED
12/18/96
Page 2
A~ENDA ACTION TAKEN
CONSENT CALENDAR CONSENT CALENDAR
i. Resolution approving the Owner Participation Agree- Removed from the Consent Calendar for discussion
ment, promissory note and deed of trust for the Lib- by Boardmember Mullin.
erty Hotel at 421 Cypress Avenue for a rehabilitation
loan from the Agency's Low/Moderate Income Hous-
ing Fund (CDBG).
A RESOLUTION APPROVING AN OWNER PAR-
TICIPATION AGREEMENT WITH THE OWNERS
OF THE LIBERTY HOTEL WHICH INCLUDES A
$150,000 REHABILITATION LOAN AUTHORIZ-
ING THE EXECUTIVE DIRECTOR TO EXECUTE
THE NECESSARY LOAN DOCUMENTS
M/S Penna/Yee - To approve the Consent Calendar
with the exception of Items No. 4 and 5.
Carried by unanimous voice vote.
5. Resolution approving the Owner Participation Agree- Boardmember Mullin thought this agreement was
ment, promissory note and deed of trust for the Lib- going to be a 30 year agreement, rather than a 20
erty Hotel at 421 Cypress Avenue for a rehabilitation year agreement.
loan from the Agency's Low/Moderate Income Hous-
__ ing Fund (CDBG). ~D.~ Economic & Community Development Coordinator
Fragoso stated the question had been raised, howev-
er, direction was not given.
A RESOLUTION APPROVING AN OWNER PAR- M/S Mullin/Yee - To adopt the Resolution.
TICIPATION AGREEMENT WITH THE OWNERS
OF THE LIBERTY HOTEL WHICH INCLUDES A RESOLUTION NO. 18-96
$150,000 REHABILITATION LOAN AUTHORIZ-
ING THE EXECUTIVE DIRECTOR TO EXECUTE Carried by unanimous voice vote.
THE NECESSARY LOAN DOCUMENTS
GOOD AND WELFARE GOOD AND WELFARE
No one chose to speak.
CLOSED SESSION CLOSED SESSION
6. Closed Session pursuant to GC 54956.8, real property The Boardmembers entered a Closed Session at 7:09
negotiations for acquisition of property at 159 Oyster p.m., with the exception of Boardmember Penna
Point Boulevard. who has a conflict of interest.
RECALL TO ORDER: Chairman Fernekes recalled the meeting to order at
7:30 p.m., all Boardmembers were present, no
action was taken and direction was given.
M/S Mullin/Penna - To adjourn the meeting.
Carried by unanimous voice vote.
12/18/96
Page 3
AGENDA ACTIQN TAKEN ~ ~.~
ADJOURNMENT: t Time of adjournment was ?:31 p.m.
ESPECTFULLY SUBMITTED, APPROVED.
City of South San Francisco City of South San Francisco
The entries of this Agency meeting show the action taken by the Redevelopment Agency to dispose of an item. Oral
communications, arguments and comments are recorded on tape. The tape and documents related to the items are on
file in the Office of the City Clerk and are available for inspection, review and copying.
12/18/96
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