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HomeMy WebLinkAboutMinutes 1987-05-13President Roberta Cerri Teglia Commi ssi oners: Mark N. Addiego John "Jack" Drago Ri chard A. Haffey Gus Nicolopulos M I N U T E S ~,~,~ SURPLUS PROPERTY AUTHORITY Municipal Services Building Community Room May 13, 1987 AGENDA CALL TO ORDER: (Cassette 1) Reor9anization of the Surplus Property Authority by the Selection of a new President of the Board. 2. Approval of the Minutes of the Special Meeting of 9/10/86. 3. Status report from the Director of Finance. ADJOURNMENT RESPECTFULLY SUBMITTED, Barbara A. Battaya, ,~ c/ Surplus Property Authority City of South San Francisco ACTION TAKEN 7:32 p.m. President Teglia presiding. Commissioners present: Nicolopulos, Addiego, Drago Halley, and Teglia. Commissioners absent: None. M/S Nicolopulos/Haffey - To select Mark N. Addiego as President of the Authority. Carried by unanimous voice vote. M/S Haffey/Nicolopulos - To approve the Minutes of the Special Meeting of 9/10/86. Carried by unanimous voice vote. Director of Finance McVey stated that the City had advanced the Surplus Property Authority $901,019 for payments on the GSA loan and demolition of the warehouse through 6/30/86. He continued, the City had advanced an additional $866,291 to pay the remaining loan balance on the property, and that the total advances as of 6/30/87 would be approximately $1,765,000. M/S Haffey/Nicolopulos - To adjourn the meeting. Carried by unanimous voice vote. The meeting was adjourned at 7:35 p.m. APPROVED. ~ ~~ eo~~~ Addi Surp~lus Property Authority City of South San Francisco 5/13/87 Page 1 The entries of this Authority meeting show the action taken by the Surplus Property authority 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. 5/13/87 Page 2