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HomeMy WebLinkAboutRDA Minutes 1997-05-28 Chairman Joseph A. Fernekes M I N U T E S Boardmembers: James L. Datzman Redevelopment Agency ~ 6 5 Eugene R. Mullin ~lohn R. Penna Municipal Services Building Robert Yee Community Room May 28, 1997 AGENDA ACTION TAKEN CALL TO ORDER: (Cassette No. 1) 7:12 p.m. Chairman Fernekes presiding. ROLL CALL: Boardmembers present: Datzman, Mullin, Penna, Yee and Fernekes. Boardmembers absent: None. AGENDA REVIEW AGENDA REVIEW Executive Director Wilson Requested: - Remove Item 3 and consider under Administrative Business. So ordered. CONSENT CALENDAR CONSENT CALENDAR ' Motion to approve Minutes of the Regular Meeting of 5/14/97. Approved. 2. Motion to confirm expense claims of 5~28/97. ~'Lk~_~ Approved in the amount of $26,916.86. 3. Resolution authorizing Downtown Central Redevel- Removed from the Consent Calendar by the Execu- opment bonds, tive Director. A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRAN- CISCO AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $13,000,000 TAX ALLOCATION BONDS RELATING TO THE DOWN- TOWN/CENTRAL REDEVELOPMENT PROJECT, APPROVING AND AUTHORIZING AND DI- RECTING EXECUTION OF INDENTURE OF TRUST RELATING THERETO, AUTHORIZING SALE OF SUCH BONDS, APPROVING OFFICIAL STATEMENT AND PROVIDING OTHER MAT- TERS PROPERLY RELATING THERETO M/S Mullin/Penna - To approve the Consent Calen- dar with the exception of Item No. 3. Carried by unanimous voice vote. 3. Resolution authorizing Downtown Central Redevel- Boardmember Yee asked that the misspelling of his 5~28~97 Page 1 AGENDA ACTION TAKEN 3. Resolution - Continued. name be corrected on many pages of the document. opment bonds. M/S Yee/Mullin - To adopt the Resolution with the corrections noted. A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRAN- RESOLUTION NO. 9-97 CISCO AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $13,000,000 TAX ALLOCATION Carried by majority voice vote, Boardmember Penna BONDS RELATING TO THE DOWN- abstained on the vote. TOWN/CENTRAL REDEVELOPMENT PROJECT, APPROVING AND AUTHORIZING AND DI- RECTING EXECUTION OF INDENTURE OF TRUST RELATING THERETO, AUTHORIZING SALE OF SUCH BONDS, APPROVING OFFICIAL STATEMENT AND PROVIDING OTHER MAT- TERS PROPERLY RELATING THERETO CLOSED SESSION CLOSED SESSION 4. Closed session pursuant to GC 54956.8, real property Counsel Mattas stated this item concerned the Med- negotiations for 159 Oyster Point Blvd., 452 Spruce ical Center Building and the bank at Grand and Avenue, 304 Grand Avenue and 472 Grand Avenue. Linden. Boardmember Penna did not enter the Redevelopment Agency Closed Session due to a conflict of interest. ECALL TO ORDER: Chairman Fernekes recalled the meeting to order at 7:30 p.m., land stated this meeting will be recon- vened after the Council meeting. RECONVENED THE MEETING: Chairman Fernekes reconvened the meeting at 10:00 p.m., all Boardmembers were present except Boardmember Penna. 4. Closed Session - Continued. The Agency resumed the Closed Session at 10:01 p.m. to discuss the item noticed and Boardmember Penna not present. RECALL TO ORDER: Chairman Fernekes recalled the meeting to order at 10:49 p.m., all Boardmembers present with the exception of Boardmember Penna, no action was taken and direction was given. M/S Yee/Mullin - To adjourn the meeting. Carried by unanimous voice vote. ADJOURNMENT: Time of adjournment was 10:50 p.m. 5/28/97 Page 2 AGENDA _AC_TIQN TAKEN 157 RESPECTFULLY SUBMITTED, APPROVED. Barbara A. Battaya Joseph. A. F~rnek~man Redevelopment Agency Redei,~Aopment Agency 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. 5/28/97 Page 3