Loading...
HomeMy WebLinkAboutRDA Minutes 2004-01-28 MINUTES REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO REGULAR MEETING JANUARY 28, 2004 MUNICIPAL SERVICE BUILDING COMMUNITY ROOM 33 ARROYO DRIVE CALLTO ORDER 7:03 p.m. (Cassette Tape No. 1) ROLL CALL Present: Boardmembers Femekes, Garbarino and Gonzalez, Vice Chair Green and Chair Matsumoto Absent: None AGENDA REVIEW Executive Director Wilson requested Item No. 4 be removed from the Agenda. PUBLIC COMMENTS None. CONSENT CALENDAR 1. Motion to approve the minutes of January 14, 2004 2. Motion to confirm expense claims of January 28, 2004 in the amount of $8,962.70 Motion-Gonzalez/Second-Green: To approve the Consent Calendar as presented. Unanimously approved by voice vote. ADMINISTRATIVE BUSINESS Resolution authorizing the execution of a preconstruction loan agreement and promissory note with BRIDGE Housing Corporation for an affordable housing project at Oak and Grand Avenues in an amount not to exceed $400,000 Staff report presented by Housing and Redevelopment Manager Norma Fragoso. Mr. Kevin Griffith, BRIDGE Housing Project Manager, commended Council for its commitment to housing, and stated that the submitted project description was based on the RFP that was issued by staff last year. Boardmember Green questioned the Council subcommittee's review of the proposed project and Boardmember Fernekes explained that after the subcommittee (Fernekes/Matsumoto) interviewed the three RFP applicants and concluded that BRIDGE's proposal best addressed the concerns that were discussed at the (September 17, 2003) study session. Mr. Griffith explained that a design change was made to the unit entrances due to the realignment and widening of Oak Avenue. He further responded to questions and stated that the design proposal was based on 43 units and that the development will be built just as it is being proposed. Manager Fragoso informed Council that BRIDGE will manage the units exactly as BRIDGE manages Chestnut Creek and Magnolia Plaza. Chair Matsumoto questioned specific language in the loan agreement and staff offered several scenarios where a loan agreement might terminate. Staff indicated that this is standard language and Mr. Griffith stated similar language was in the Chestnut Creek loan agreement. Motion-Fernekes/Second-Gonzalez: Resolution No. 01-2004, authorizing the execution of a preconstruction loan agreement and promissory note with BRIDGE Housing Corporation for an affordable housing project at Oak and Grand Avenues in an amount not to exceed $400,000. Unanimously approved by voice vote. Resolution approving the purchase and sale agreement for property located at 820 Tennis Drive in the amount of $840,000 and appropriating funds for the land acquisition Item removed from Agenda. CLOSED SESSION Pursuant to Government Code Section 54956.8 real property negotiations related to 480 North Canal Street; Agency Negotiator: Redevelopment Agency Assistant Director Van Duyn Time entered into Closed Session: Time reconvened into Open Session: Report from Closed Session: 7:14 p.m. 7:33 p.m. All Boardmembers present. Direction given/no action taken. ADJOURNMENT Being no further business, Mayor Matsumoto adjourned the meeting at 7:33 p.m. Submitted by: Sylv~/i M. Payne, Clerk / City'of South San Francisco Approve ~4:/~ ' 'i \ ~ary~-lv!atsumot~), Chair City of South San Francisco REGULAR REDEVELOPMENT AGENCY MEETING JANUARY 28, 2004 MINUTES PAGE 2