HomeMy WebLinkAboutReso RDA 19-2005
RESOLUTION NO. 19-2005
REDEVELOPMENT AGENCY, CITY OF SOUTH SAN FRANCISCO,
STATE OF CALIFORNIA
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF SOUTH SAN FRANCISCO APPROVING THE PURCHASE AND
SALE AGREEMENT FOR PROPERTY LOCATED AT 714 LINDEN
AVENUE IN THE AMOUNT OF $862,000.
WHEREAS, staff recommends that the Redevelopment Agency approve the Purchase and
Sale Agreement for acquisition of the property located at 714 Linden Avenue in the amount of
$862,000; and
WHEREAS, the Redevelopment Agency budget has adequate resources to fund this
acquisition.
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of
South San Francisco that the Redevelopment Agency hereby approves the Purchase and Sale
agreement for property located at 714 Linden Avenue in the amount of $862,000;
BE IT FURTHER RESOLVED that the Executive Director is hereby authorized to execute
the agreement and the certificate of acceptance on behalf of the Redevelopment Agency of the City
of South San Francisco.
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I hereby certify that the foregoing Resolution was regularly introduced and adopted by the
Redevelopment Agency of the City of South San Francisco at a Regular meeting held on the 24th day
of August, 2005 by the following vote:
AYES:
Boardmembers Richard A. Garbarino. Pedro Gonzalez and Karvl Matsumoto.
Vice Chair Joseph A. Femekes and Chair Raymond L. Green
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST:
/ttv,.: 111. O~
Clerk ~