HomeMy WebLinkAboutReso 46-2003RESOLUTION NO. 46-2003
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION AUTHORING AN EXCLUSIVE NEGOTIATING
RIGHTS AGREEMENT BETWEEN REST INVESTMENTS AND THE
CITY OF SOUTH SAN FRANCISCO TO LEASE AN AREA NOT TO
EXCEED THREE ACRES ON CITY OWNED PROPERTY IDENTIFIED
AS APN 015-180-020
WHEREAS, it is recommended that the City Council approve entering into an Exclusive
Negotiating Rights Agreement with REST Investments to lease up to three acres of the Tillo property
for the development of a parking facility for airport patrons.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco that the City Council hereby authorizes an Exclusive Negotiating Rights Agreement
between REST Investments and the City of South San Francisco to lease an area not to exceed three
acres of City owned property identified as APN 015-180-020.
BE IT FURTHER RESOLVED that the City Manager is hereby authorized to execute the
Agreement on behalf of the City of South San Francisco.
I hereby certify that the foregoing Resolution was regularly introduced and adopted by the
City Council of the City of South San Francisco at a regular meeting held on the 11th day of June
2003 by the following vote:
AYES:
Councilmembers Joseph A. Fernekes, Richard A. Garbarino and Raymond L.
Green, Mayor Pro Tem Karvl Matsumoto and Mayor Pedro Gonzalez
NOES: None.
ABSTAIN: None.
ABSENT: None.
ATTEST:
! City Clerk